Diego Berdakin

Diego Berdakin is an entrepreneur, investor, professor, life-long learner, and perpetual risk-taker. He has a long history of launching successful ventures, investing in the right places, and taking chances on good ideas.

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The Inaugural 2013 LIFE Summit at Hotel Du Cap

Amanda Palmer and President of BeachMint Diego Berdakin attend the Inaugural 2013 LIFE Summit at Hotel Du Cap on May 14, 2013 in Antibes, France. ..View More

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7 Techie LA Tastemakers

Entrepreneur Diego Berdakin and MySpace cofounder Josh Berman. ..View More

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BeachMint Carves a Retail Niche with Celebrity Appeal

How Myspace veteran Josh Berman and serial entrepreneur Diego Berdakin are using personal recommendations for exclusive merchandise by celebrity design partners. ..View More

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The Edge Pub Crawl in Dublin during the F.ounders event in Dublin

In this photo from right to left, Liz Milonolpoulos, Dustin Rosen, Ross Lewis, Lia Gallagher, Paige Craig, Diego Berdakin Photo taken by Chris Bellew ..View More

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Diego Attending the Inaugural 2013 LIFE Summit

Alegro Capital's Patrick Martin, resident of BeachMint Diego Berdakin and Alegro Capital's Christian V. Bergman attend the Inaugural 2013 LIFE Summit at Hotel Du Cap on May 14, 2013 in Antibes, France. ..View More

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Business Partners and Good Friends

"We're the next generation of how you'll launch your brand or company." - Entrepreneur Diego Berdakin with Myspace veteran Josh Berman ..View More

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Diego Berdakin

Diego Berdakin ..View More

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Diego Berdakin

Diego Berdakin ..View More

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Diego at the LA Digital Summit

Diego speaks about the growth of Beach Mint ..View More

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Diego Berdakin

Business investor and entrepreneur ..View More

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Diego's 30th Birthday Bash

Diego and friend Ali, out on the town celebrating Diego's 30th birthday ..View More

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2012 Tech Fellows Award

Diego Berdakin received a Disruptive Innovation Award at the 2012 Tech Fellows. ..View More

Diego Berdakin Offers Advice for Aspiring Entrepreneurs

Date:2016-12-13

AuthorDiego Berdakin


Back in July, Diego Berdakin, the co-founder of BeachMint, spoke to an audience at StartupUCLA. His advice was geared toward aspiring entrepreneurs in order to help them reach their goals of launching a successful business. BeachMint is an e-commerce business that sells products designed by celebrities, such as Kate Bosworth-designed jewellery and interior design items from Justin Timberlake.

He began his talk by discussing the many failed attempts he made as an entrepreneur in Los Angeles. This was an important lesson for the audience because even well-known and successful entrepreneurs have failed - many times over - in the past. Berdakin explained that even failures are fantastic learning opportunities. 

Berdakin then moved on to discuss the lessons he learned along the way that can be used to create a successful company. He talked about how great small businesses can be, particularly as they scale. He also explained that passion and boldness are just as important to success, if not more so, than investing a lot or even earning a lot.

As an angel investor, Berdakin had some advice to offer on the types of ventures he finds worthy of investment. This is helpful to entrepreneurs who need to seek out investors for their own businesses. Berdakin said that when choosing who or what to invest in, he looks at the vision the entrepreneur has. Mainly, he strives to figure out if the entrepreneur is driven to the point where they will likely achieve that vision. Often, people who are very inspired by their ideas will go the distance to make them come to life.

Berdakin also spoke to students at the University of Oklahoma in October. During that presentation, his goal was to help students figure out what they can do with their degrees after graduating. His seminar was called “Disrupting Fashion, Technology and Media.”