An Overlooked Factor of Startup Success

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Investors screening deals look for momentum and traction before investing.

They also look for the team and its capabilities.

An often overlooked factor is the team's genuine interest in the field.

Passion for solving a particular problem can be a strong factor in startup success.

The founder who wants to solve the problem no matter what can carry the business through the down times.

Many teams are motivated by money, success, or other factors.

Investors should look beyond the current revenue growth to the team's motivations.

Those with a passion have a stronger chance of success than those who are just running a game plan around a business model.

Look for founders who are driven to solve a particular problem and then back them.

This could be by making an investment, fostering connections, or providing guidance on running a startup.

Consider the founders' motivations.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.

Ability To Learn From Mistakes

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In the startup space, one is always learning.

There's a new technology, a new business model, a new market, or other to grasp.

It's important that those in the startup space can make mistakes and learn from them.

The faster one can learn, the better.

The startup often has two advantages over larger incumbents: technology and speed.

The mode for a startup is 'fail fast'.

Figure out quickly if something is working or not.

The startups that succeed are learning organizations.

They improve themselves automatically by finding ways to be better.

Here are three ways to build learning from mistakes into the business:

Perform a review of each event or project to see what can be improved.

Look for the next level up in performance and strive for it.

Practice transparency by assessing it as it actually is.

This keeps improving as part of the startup's mindset.

Consider these steps on how to learn from mistakes and improve one's process.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.

Adjust Expectations to the Current Market

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Some founders find fundraising to be frustrating.

The founder expects more to happen than is realistic.

Progress is slow, and the results are not coming in as expected.

In most cases, the expectations for the fundraising results are not aligned with the current market conditions.

Most deals are done several months before they are announced.

Watching the news of funding is similar to recording the news from three months ago and watching it now.

The information is out of date due to the time lag in processing the funding.

It will be easier to start a fundraiser campaign at the beginning of the year rather than during the holiday season.

Consider the holiday and vacation cycle and schedule a campaign that makes the best use of the investors' available time.

After setting your expectations based on the current market conditions, go back to work with your campaign.

Fundraising continues throughout the year and over seasons and economic cycles.

Fundraising will be easier in up markets and more difficult in down markets.

Adjust your expectations to the current market.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.