From Start-Up to Exit: Lessons from a Successful Entrepreneur
- 58.62M
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Show Overview:
Jewel Burks Solomon, founder of Partpic, talks about taking an idea from its inception to a successful exit. In this show, we explore the importance of knowing your market, reasonable expectations, and building strong long term connections. Jewel has beautiful insights on family support, faith, and flexibility as essential components of growing your business.
About GFGF:
The Get Found Get Funded podcast is at the intersection of entrepreneurship and social justice where we focus on entrepreneurship as a possible path to wealth creation — specifically for Black and Latinx communities.
Featured Guest: Jewel Burks Solomon
Key Takeaways:
- Know when to quit one thing so you can take on bigger and better opportunities.
- Learn to manage your expectations for the brevity and speed at which a business or project will progress.
- Don’t be afraid to get in and break stuff!
Timestamps:
01:00 – Introduction
04:45 – How Jewel’s upbringing and employment at Google, impacted her decision to become an entrepreneur.
11:03 – The experiences that helped Jewel conceptualize her company.
17:32 – Funding Jewel’s idea.
24:30 – Bringing a Co-Founder into the company.
32:26 – Jewel’s advice to aspiring entrepreneurs.
Items Mentioned in the Show:
Partpic
Quotes from the Show:
- “But, you can just have an idea and either build a website or build an app, build some type of technology, and just go with that.”
- “I gained confidence and felt like okay, I can, I can build a business around solving this problem and get people to pay me because if they can pay me to make it easier for their customers to find the right part on the first try, then they will have to send out second orders and they will have a big savings that way.”
- “In my opinion, I had to quit to start.”
- “Really be close as close as you can to the product without being a micromanager.”
