Jesus Lopez just recently graduated from our Venture Forth program, where he acted on the urge to impact change in the world instead of enter corporate America. Instead of just thinking about becoming an entrepreneur, Jesus and his partners started building. He explains, “OnePay was an idea that was born out of an issue that I constantly heard and saw happening and decided to act on it. I further researched and found that more people had this cronic pain of forgetting to pay bills and thus throwing away money and decided to make something out of it.”
OnePay is your one-stop shop to pay bills to save time and money. We are eliminating late fees and unnecessary charges without the added effort thru one bill, one payment and one place.
Paying bills has never been easier. We take a chore that can take up to 20 or more steps and condense it into five:
1. Customers complete a one-time setup and store account information for monthly services and fees in our system.
2. OnePay calculates your monthly spending base.
3. OnePay sends customers one invoice for the estimated spend at the beginning of the month.
4. Customers authorize payment securely through Braintree.
5. OnePay performs the transactions directly with providers and reports activity.
Hardest things about being an entrepreneur:
1. Its a constant mental battle as you try to swim upstream. There are times that you wake up and feel that the whole world is fighting against you, and its those times that you have to remember what you are and what you have put in place for the long run to get energy to combat these urges to give up.
2. Learning to do basically everything in a company from scratch. There are a lot of technical things that can be taught (programming, accounting), but some things that you are not taught in school or elsewhere that you have to learn how to do on the go. It’s definitely fun to know a little bit about everything, but it is hard in the sense that you really need to invest time in finding the right resources and see where you can delegate.
3. Learning to delegate. That’s a big one. I imagine that every entrepreneur has this urge for excellence and in a way perfection, which to a certain level is not bad. Yet learning to delegate a part of your job for the greater good is not always easy.
Advice for entrepreneurs (new or seasoned):
1. When delegating be sure to detail exactly and I mean exactly how you want it to be and how you want it to function, that way you don’t have to revise one-too-many times.
2. KPI’s are the most important thing you can use to measure success, performance and testing. Use it to your advantage in every single sector you can use them.
3. Gather once or twice every month to really brainstorm about moving forward, it can be incredibly refreshing to get out of the trenches and really think about the future.
Of course we have to ask…words to describe Tech Ranch®
- Favorite Word: laugh
- Favorite Activity: running
- What don’t we know? I’m a pilot!
Finally, do you have any news or exciting opportunities for our readers regarding OnePay?
We are heading for Collision Conference in Las Vegas for May 4th and May 5th were we are exhibiting as one of the Startups there.
We are bound to hit our 30 paying customers marker (we have a free-trial so not all of our customers are paying).
We are starting to look for investment during May, June and July.