First Time vs. Exited Founder: Lessons Learned. Panel moderated by Ieva Treija / Labs of Latvia

Join Ieva Treija in moderating a panel of first-time and exited founders discussing lessons learned from their entrepreneurial journeys, including the importance of mission, vision, data, collaboration, values, and reflection.

Key takeaways

Entrepreneurial Journey and Lessons Learned

Pay attention to mission and vision, not just financial goals
Consider exit strategies early on
Don’t compromise on values, even if it means giving up financial gain

The Power of Data

Data can be a powerful tool, especially in industries with complex chemical reactions
Use data to break through market barriers

The Importance of Collaboration

Build a team that shares your vision and values
Collaborate with others to achieve greater things

The Role of Values in Exit Strategies

Clear values are essential for successful exits
Consider what kind of company will enable your values to thrive

The Challenges of Exit Strategies

Exiting a company is difficult and takes time
Don’t neglect the human side of entrepreneurship

The Importance of Reflection

Reflect on your entrepreneurial journey and what you’ve learned
Use these lessons to inform future decisions and build a stronger company