Locket- how an Investment Banker became an App Developer

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To put it simply, Locket provides stuff you care about on your phone’s lock screen. The story behind Locket is less simple but a great one for aspiring entrepreneurs.

Meet Yunha Kim. Since co-founding Locket, she’s built up a strong client list, experienced sexism in a male dominated industry, and landed Tyra Banks as an investor.

Today we chat about Yunha’s journey since leaving her role in Investment Banking and what some of the most important lessons are when running your own company. There’s a bit of conversation surrounding female CEO’s and whether it’s a disadvantage in a male dominated tech industry. If this particular area is interesting to you, you may also be inspired by serial entrepreneur Lauren Mallian Bias.

Selected quotes from the interview:

“I’ve never seen any friends complain that they started a company that failed”

“I love your company, I love your product , I want to introduce you to Tyra Banks”

“I’m not interested in joining your company but I am interested in dating you”

Learnings include:

Having a good team of investors provides you the capital to hire the best talent and having that talent means you can spin the wheels faster (product build, sales). You’re also getting more people that care about you and your business so when you need help and advice you can reach out to them with ease.

Your perspective is the most important thing. One day you’re doing well, one day you think you’re going to fail. Having the ability to frame your perspective is crucial to your success.

If you’d like to hear a mish mash of advice from various startup founders chucked together in a 7 minute podcast, then check this out.

 

 

 

 

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