Ari Stiegler Entrepreneur Exclusive Interview
Ari Stiegler founded and is the Managing Partner of Flux Capital LLP, a successful venture capital firm with investors in pharmaceuticals, healthcare IT, film financing, and commercial space. Highlighting his extensive career as an entrepreneur and scientist among other achievement he has raised over $5 billion to start businesses for numerous companies. Ari Striegler is a thought leader, influencer, visionary, and successful entrepreneur. Mr. Striegler provides the leadership and energy that has inspired the creation of Flux Capital. Ari Stiegler will be joining other leaders in the Bestselling Finance and Entrepreneurship industry at our Leader Roundtable Interview Series to discuss his experiences and thought process.
Let us start by telling us about your business and what is your mission statement? Flux Capital is a Venture Capital fund focusing on technology startups.
Family offices and high net worth individuals often lack access to private investments opportunities, focusing instead on public market investments. Flux Capital’s mission is to connect high-net worth individuals with unique investment opportunities within specific markets.
We focus on four areas where we have long-term sector confidence & an asymmetric informational advantage. Flux Capital partners with other VCs & angels in order to secure investment opportunities. They are able to not only bring crowdfunding and business incubators into the fold, but also to target specific communities within these sectors.
Please tell us how you make sure your customers will become raving fans of your company?
Our portfolio typically outperforms the market in 12-month performance, but it nonetheless is not typically among the top funds in terms of investor returns.
Please tell us the one thing that separates your business from the competition.
Each member of our leadership team has extensive experience building startups from the ground up. They’ve been an integral part of building countless successful companies and bring a lot to the table as far as investing in startups is concerned. The success rate for such investments is an important consideration when it comes to who your leaders should be. However, it’s difficult to fully understand what contributes to long term success of your company unless you’re directly involved.
And to finish this section, please tell us what the one major key to your companys success is?
Flux has ties with entrepreneurial and investment communities, which help them build more deal flow than most other companies. Our network allows us to research diverse opportunities better than before. Use of artificial intelligence, a relatively new practice in the book publishing industry, is growing as “there’s a wealth of information they can tap into.” By having access to more options, publishers have found that they are able see a greater return on their investment.
For our readers just starting to build a company, what advice can you give entrepreneurs just starting out with a new venture?
My first piece of advice is to get an MVP launched as quickly as possible. However, don’t rush the process. Even if your product is not yet complete, or even if you have to manually execute the processes on the back end. By generating feedback from AI copywriters, you’ll be able to improve your product much faster. In order to survive and thrive in the long run, it is important that you cultivate a product feedback plan and check in with your target audience periodically. This article explains how retailers do just that..
Many entrepreneurs are skeptical of trying things out. They wait too long to launch their products because they’re afraid of failure. However, this only leads to failure because second guessing yourself and waiting has never led to success or productivity in any field. You may also try lowering your standards for what you believe an “ideal” product is since they may actually be higher than what you
For entrepreneurs seeking to build a business as successful as yours, what big piece of advice can you give them when times get a little challenging?
Never give up. Period. Failures will outnumber successes. There is a great deal of attention devoted to the successful segment of entrepreneurs’ journeys, and it can instill an “I got through this” mentality. The reality is that lasting success takes blocks of time and often comes with setbacks. However, not all challenges can be solved, not all success is lasting, and not all successes are worth the trouble. People see the successes and the wins, but not the long days and sleepless nights that many entrepreneurs persevered through to arrive at their destination. So, keep working. If your first idea doesn’t work, then pivot, and then pivot some more. When you find something that works, it’s worth following through with it!
In today fast changing business environment, how do you stay abreast of things?
One of the most exciting aspects of the global business world right now is how much information is available. There is no longer any excuse not to learn, but it can be difficult to stay up with each day’s new developments in this fast-paced world. Surround yourself with helpful and educated people who are curious about the world. Don’t be afraid to learn!
In one sentence, why do you get up in the morning?
In the morning, I invest in companies that have the potential to impact future generations.
In one sentence, what is the most important thing one has to do to be a great leader?
A leader’s most important task to make the best decisions possible is to surround themselves with good people.
In one sentence, describe how important your customers are to your business?
We need our customers as investors. In some ways, they are the main source of our company’s capital and without them we would not be able to spend it. Without us, they would earn less money with their investments.
In one sentence, describe a positive way that technology can make the world a better place?
Technology allows you to do more with less, whether it is connecting with others, educating communities around the world, or even making day-to-day tasks easier.
In one sentence, tell us how something positive to motivate our readers?
You need to push yourself, because no one is going to do it for you.
In one sentence, tell us how you start your day to get ready?
To maintain an informational edge, I spend one hour per day reading publications with current world affairs
In one sentence, describe how you handle rejection and setback?
In order to succeed, rejection is a natural stop on the path.
In one sentence, describe what your hiring philosophy is?
You should always try to get additional insights about your potential hires through interviews – the interviewing process will give you some insight that you’re not yet aware of.
In one sentence, describe how you keep your sanity in a competitive business environment?
With competition, it motivates me to perform my best every single day. This leads to an increase in productivity levels that are both relative and absolute (increases or decreases)
Ari Stiegler, thank you for participating in the DotCom Magazine Leadership Interview Series. We are very grateful for your participation in our roundtable interview series. Your insights are essential to helping our readers learn more about what it takes to build a great company & become a great leader. We wish you nothing but success.