Do you have a growth mindset or fixed mindset when it comes to approaching a problem? Co-Founder and CEO of Lucid Drone Technologies saw an opportunity to use drones to create a safer and more efficient cleaning method. Andrew Ashur has been recognized on Forbes’ 2021 list of 30 Under 30 and discusses with Host Greg Muzzillo how failure is a springboard for growth.
Chapter Summaries:
- 01:10 - Introducing Andrew
- 02:21 - Using Drones to Solve a Problem
- 04:29 - Developing a Business Plan
- 07:44 - Love for Entrepreneurship
- 11:08 - Failure is a Springboard for Growth
- 13:27 - Growing Lucid
- 17:11 - Plans for Next Phases of Lucid
- 18:58 - Fundraising & Networking
Key Takeaways:
- We went into that pitch competition with an idea, which was a drone cleaning building, but we really came out of it with a business idea and how we plan on monetize on how we wanted to monetize it and scale. It really got a good foundation for the company because of it.
- So when we have the ability to introduce technology that could relocate those workers to the ground, that they can go home happy and healthy to their families after each day at work, that's really, really powerful and meaningful technology.
- Only way to really thrive and survive through a lot of those early years, especially is having "can do attitude"
- I think there are two types of people in this world. And it usually comes down to people that have either a fixed mindset or a growth mindset and those fixed mindset.
- The growth mindset people are like, I just have to seek out the opportunities and access to that, learning to that education.
- And I never knew flying a drone inside an NFL stadium was a dream of mine until I was there flying a drone in between the SBC football championship and then the Falcons game the next day.
- At Lucid, we think of these industrial sized drones that are capable of performing a meaningful, productive task, and basically affecting the world around them, plight cleaning.
- The important thing for any startup company to consider is fundraising is what does fundraising do for you as a company? So I can tell you for us being young founders, one of the most obvious things is it gave us access to knowledge and experience.
Resource Links:
Lucid Drone Technologies Website
LinkedIn | Twitter | Lucid Instagram
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