Andrew Bud is the founder and chief executive of iProov, a biometric face verification company used by banks, governments, and enterprises to secure online interactions.
In this week’s Founder in Five Q&A, Bud discusses why to be an effective leader, a founder must own any mistakes they make without blaming their team, why you need to focus on the problem you are solving, not the technology you are using to do it and why many misunderstand what biometric verification is and how it works.
What advice would you give to a first-time founder?
First-time founders really need to focus on the problem that they’re trying to solve, not the technology they are using to solve it. I mentor several first-time founders, and I always advise them to prioritise finding a strong pool of demand; everything else is just engineering….
