1- Hello Eric, can you please tell us a bit about you?
I am originally from Cleveland, Ohio and moved to Columbus 15 years ago to attend THE Ohio State University’s Fisher College of Business. There, I gained a great education on entrepreneurial finance and marketing, and made connections with lifelong friends and business associates. I launched Idea Buyer from my college apartment in 07 and haven’t looked back. I have spent my entire career building businesses to help entrepreneurs.
2- What are your focus areas and why?
I partner with entrepreneurs to launch new products and apps to market. I enjoy most of the people I work with and turning an idea into a reality.
3- How would you describe “Idea Buyer” in a few words?
We turn ideas into businesses. We’re like a hybrid service VC.
4- And when did you first realize you wanted to pursue a career as an Entrepreneur?
I realized when I was young that with the goals I wanted to achieve, I was going to need the leverage of a business to achieve. The great thing about a business is that you can achieve more than you ever could as an individual.
5- Do you think integrity is an essential part of the game?
It is, and when you scale your company, you have less and less control of each element. When you’re a small company, you can control everything. When you get into 30+ people, it becomes even more critical that you instill it in your culture, or you run into issues. I always say, communicate when anything happens, good or bad. It’s the lack of communication that causes most issues in business.
6- You founded many companies like Idea Buyer and Fundable, how do you find time to manage all your daily tasks?
I am a big believer in prioritizing what you do base on weight. If you treat every task with the same priority, you’re doing it wrong.
7- Do you find as an expert, that you enjoy the challenge of the industry being complex with the game rules are always changing?
The game rules may change, but the fundamentals stay the same. With that being said, I am still learning things after starting Idea Buyer 12+ years ago. The challenges often come when you don’t have great processes in place. It creates ripple effects down the road.
8- If you could turn the time, what would you love to change in regards to your career?
I would be more mindful of the people I hire and focus more on their character than on their experience.
9- What are you most excited about at the moment?
Right now, we have a big deal in the works for a business we launched about 4 years ago in partnership with an entrepreneur. It will be life-changing for them, and it all started with an idea and them taking action. Also, I’ve been having a lot of fun working on my writing on my blog at https://www.EricCorl.com and sharing lessons from my wins and failures.
10- The last word or final thoughts?
If you’re looking to become an entrepreneur, focus on solving real problems and the opportunities are endless.