Caterina Fake
Caterina Fake
Caterina Fake is an American entrepreneur and businesswoman. She co-founded the websites Flickr and Hunch...
ProfessionEntrepreneur
Date of Birth13 June 1969
CityPittsburgh, PA
business play two
If the business were a play, Act One is: Woohoo, bright and bushy-tailed. We're going to make something great! Act Two is: We're six months behind on back-end development. We're trying to raise venture capital. We're trying to figure out what furniture we should sell to make payroll.
growth handle sure
With the kind of growth we've experienced, we're not sure our servers will be able to handle the onslaught from an e-mail application.
photo research sat start wrong
Had we sat down and said, 'Let's start a photo application,' we would have failed. We would have done all this research and done all the wrong things.
instinct natural online
Our natural instinct was to put things online that were public.
kids climbing accomplishment
Make time less precious. We are way too efficient, making use of every hour, every minute. When you were a kid, didn’t you just spend hours poking sticks in the mud, climbing trees and sitting in them, looking at shells and seaweed that washed up on the shoreline? Time was not precious then, we weren’t trying to stuff an accomplishment into every minute every day, we had time for thoughts and feelings. That was good!
successful company persons
No successful company has had ever been the product of just one person.
meetings
We don't have meetings unless absolutely necessary.
trying hell knows
You try a lot of things and you don't know what the hell you're doing. If you're actually inventing something you shouldn't know what you're doing.
entrepreneur effort needs
Failure is part of discovering the problem you need to be working on. If, as an entrepreneur, you are afraid to fail or to admit the failure of your efforts, then you completely lose any chance at being able to adapt and succeed at finding the problem that needs solving.
succeed failing building
It's the building of things that makes you happy. You have to enjoy the process whether you succeed or fail.
beginners done kind
It's about doing things that you haven't done before, where you're still kind of a beginner, and not resting on your laurels.
business entrepreneur important
Working on the right thing is probably more important than working hard.
coming mass systems
These systems are really coming into the mass market.
fun ideas people
Entrepreneurs need to start building today. The barrier to entry in tech is low, so start designing, start coding it, launch it, build prototypes, build a working version of it. The Internet has amazing powers of distribution. You can test your ideas. You can see if it works, if it doesn't work, whether it's fun, and whether you're sufficiently motivated. People who go into entrepreneurship to get rich aren't going to be happy. It’s the building of things that makes you happy. You have to enjoy the process whether you succeed or fail.