A fireside chat about the entrepreneurial experience Dimi Tomov gathered during his startup journey. Interview by Georgi Tonchev about:
• What were the three biggest challenges?
• How did you overcome them?
• What was the (final) outcome?
• What were the lessons learned?
• Future endeavours and what’s next?
• What would you do differently this time?
• Why being a startup founder and creating business from the ground up is a great experience?
• Why is better to focus on building an end product instead of offering a service that builds someone else’s product?
Dimitar Tomov is an engineer, entrepreneur, activist for economic freedom and a cake lover. He believes private initiative, both individual and business, is the key to solving real problems - “People can do so much more, they just have to make a try and see!”
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Dimitar Tomov’s focus is on creating new products, from an IoT tracker for the mountains of Australia to Wireless Hearing Aid Programmer. Its main engineering work is system design - from hardware to software, so-called Research & Development. He has over 14 years of experience in the field of Embedded systems, some of them in Germany, Austria and Sweden.
While working as a freelancer for world leading companies, he realised that having a company is not a scary thing, but simply an administrative task. So, he started planning how to turn his one-man company into a business with own products, and he created his first company - DesignFirst. It was a bold and challenging shift, from making the design of IoT products to creating and selling own products. From being a highly skilled expert to leading a company with vision that attracts others.
