Timothy Chi of WeddingWire Shares Four Startup Success Factors

May 22, 2012

7:05 am

Timothy Chi, whom I recently had a conversation with, came up with the idea for WeddingWire while encountering pain points during the planning of his wedding. He took action on the simple idea of creating a resource for wedding planning and turned it into what is now a growing company.

Tim joined us in Washington, D.C. for the kickoff of our monthly Sessions speaker series. Chi shared some of the insights from his two very different startup experiences at Blackboard and WeddingWire, which included the four important success factors:

1.) Team
2.) Listen Carefully To Your Customer
3.) Do Not Be Afraid To Fail
4.) Timing

We also uncovered though the sessions Q&A that Timothy connected with one of his first WeddingWire investors, Martha Stewart, via LinkedIn. Reid Hoffman would be proud. Watch the full keynote by Timothy Chi, CEO and Founder of WeddingWire.

Join us at Tech Cocktail Sessions as we break down the different ingredients that go into starting and running your own business (check our schedule). Our next DC event on May 24th features Scott Case, Founding CTO of Priceline.com and current CEO of Startup America,  Rohit Bhargava, Author of the new book LIKEONOMICS and Zvi Band, Co-founder of Contactually.

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Frank Gruber is the cofounder, CEO and Executive Editor of Tech.Co (formerly Tech Cocktail). He is the author of the book, Startup Mixology, Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success. He is also a startup advisor and investor to startups. Find Frank Gruber online and follow him on Twitter at @FrankGruber.

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