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Unfolding the Founding Story of Bentobox and The Lessons We Can Learn
Unfolding the Founding Story of Bentobox and The Lessons We Can Learn
This is the New Money Talks Newsletter, packed with entrepreneurs’ personal stories, real estate investing, financial tips, and more! All in three sections!
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Today, we dive into the founding story of Bentobox, a company that has made a significant impact in the restaurant industry. We believe there are some valuable lessons to be learned from their journey.
The Founding Journey of Bentobox
Bentobox was founded by Krystle Mobayeni and Wilkie Wilkinson in 2013, aimed at helping restaurants flourish in the digital world. Krystle, a designer by profession, identified a gap in the market when she observed her friends in the restaurant industry struggle with ineffective and costly online solutions. She partnered with Wilkie, a seasoned tech expert, to create a seamless, affordable, and user-friendly platform for restaurants to create their websites and manage their digital presence.
The Turning Point
The turning point for Bentobox came when they decided to participate in the Techstars NYC accelerator program in 2015. This gave them access to a network of mentors, investors, and fellow entrepreneurs. The team used this opportunity to refine their product, marketing strategy, and business model, which led to their first significant growth phase.
Lessons Learnt
Persistence Pays Off
One of the key takeaways from Bentobox's journey is the importance of persistence. The founders faced numerous challenges in their early years, from funding constraints to market skepticism. However, they remained dedicated to their vision and gradually won over customers and investors.
Identify and Solve a Real Problem
Krystle and Wilkie's success with Bentobox demonstrates the value of identifying and solving a real problem. By focusing on the specific needs of the restaurant industry, they were able to create a unique and valuable solution.
Leverage Networks and Opportunities
The founders used their participation in Techstars NYC to their advantage. They leveraged the opportunity to refine their offering and scale their business. This shows the importance of embracing opportunities and making the most of the networks available to you.
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Tweet of the Day
I’ve started my mornings this past month writing in the “5 minute journal”
The main benefit I’ve seen from it is that it allows me to much more intentional with each and every day
It’s so easy to let time pass us, but this little tool allows me to really reflect and set the… twitter.com/i/web/status/1…
— daniel snow (@iamdansnow)
1:42 AM • Aug 6, 2023
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