“Adopt an MVP mindset. MVP stands for minimum viable product and kind of iterating quickly. And essentially, the thinking there is that you need to build your kind of minimum, to the problem as quickly as possible, put it out there, get people testing it, using it, and then iterate it, you know, improve it, and change it up based on feedback.”
Karl Swanepoel Top Five Tips For Starting A Business
1. Start with the problem.
2. The concept of Minimum Viable Product (MVP).
3. At the beginning, say yes to as many things as possible.
4. Always try to be the dumbest person in the room.
5. Hire slow, fire fast.
TIME STAMP SUMMARY
00:07 Who is Karl Swanepoel?
05:20 Adopting the MVP mindset.
10:34 More about going for it.
15:04 Hiring when necessary.
Where to find Karl
Karl Swanepoel Bio
Karl Swanepoel is a tech entrepreneur in the UK. He is the CEO and Founder of Revolancer, a platform that aims to help independent professionals and freelancers barter skills to build their service businesses.
At the age of 15, he became the youngest-ever brand ambassador for Britain's largest business conference, The Business Show, where he delivered a keynote speech at the 2018 show held in London's Excel Centre. Revolancer started when Karl won a startup competition at Aberystwyth University, securing a seed grant for Revolancer. As a part of this, Karl also won the Engineers in Business Fellowship funded grant, for which he was then a national finalist.
Within a few months, £150k in pre-seed funding was secured from SFC Capital. Today, he is leading an energetic and passionate team to take Revolancer to the next level. Karl Swanepoel continues to lead Revolancer and is dedicated to creating a more promising future for flexible work.