This week, Wajam CEO Martin-Luc Archambault joined Busbud CEO LP Maurice at the first Founder Institute Montreal event— Startup Founder 101.
ADVICE FOR STARTUP ENTREPRENEURS
Both entrepreneurs fielded questions from the audience, and gave insights taken from their own startup experiences building successful teams and products in the past decade.
Martin-Luc had these pearls of wisdom for first time entrepreneurs, “Give it a try and go for something big. Go for something that will change the world.”
Martin-Luc’s recipe for entrepreneurs:
- Go big or go home.
- Try quickly.
- Fail fast.
- Get up and do it again.
LP Maurice focused on creating a product that will solve a real problem in the world.
LP’s advice for entrepreneurs:
- Make something that people want.
- Find a real problem to solve. Not some imaginary construct in your mind that you think could be a business.
- Look around you, observe. People are having all sorts of problems. Everywhere. In school, in universities, on the street…
- Solve your own problem or someone else’s problem. The key is to get really passionate about solving one problem that you see, and to focus completely on it.
The Founder Institute is the world’s largest entrepreneur training and startup launch program, helping aspiring founders across the globe build enduring technology companies.
Check out the next events at Founder Institute Montreal. This year’s mentors include Adeo Ressi, Chris Arsenault, Greg Isenberg, Louis-Philippe Maurice, Michael Turri, Alexandre Taillefer, Dax Da Silva, Hicham Ratnani, Luc Fillatreault, Stephane Marceau, Carl Mercier, François Charles Sirois, Ian Jeffrey, et Martin-Luc Archambault.