Small Business Focus, Evergreen Content

5 insights about entrepreneurship from Juno’s epic voyage to Jupiter

Your big customers – you’ve got to get as close as possible to them!

Pavlo Phitids, Aurik Business Accelerator

To know if your innovation will find value in the market you’ve got to collect data. Data removes the emotion of an innovation.

Pavlo Phitids, Aurik Business Accelerator

On Monday, at 5.47am, Juno entered into the orbit of Jupiter.

The five-year journey culminated in Juno burning 18 000lbs of rocket fuel to slow down from 150 000mph to the exact speed needed to orbit Jupiter.

On board, three Lego men and women made of space-grade aluminium hope to withstand the perilous radiation of Jupiter for 18 month before Juno crashes into Jupiter’s surface.

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator Director and CEO Pavlo Phitidis for his weekly small business feature.

Phitidis shared five insights into entrepreneurship (and business building) from Juno’s voyage.

Scroll down for quotes from the audio below.

Juno runs on renewables. It’s got massive solar screens. When you’re building a business you must build reserves. You must have a minimum of six months’ overheads stored away.

Pavlo Phitids, Aurik Business Accelerator

Entrepreneurs are idealists. But without purpose you can find yourself in severe trouble.

Pavlo Phitids, Aurik Business Accelerator

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