In today’s episode, we are joined by Mitchell Posada, the managing partner at Founder Advisors. Founder Advisors focuses on businesses that help humanity and are purpose-driven. Their company encourages entrepreneurs to bring their best selves and sees great success in those who have the emotional intelligence to work through the challenges of getting a business to market. Mitchell discusses the different things that his company looks for when investing in start-ups. He also provides some great tips for innovative strategies founders can do to push their business forward if they aren’t quite at the level for funding.
IN THIS EPISODE:
- [7:40] Introducing Mitchell Posada & his background
- [14:00] Parallels from the year 2000 when the stock market was chasing vs. time now
- [17:00] What is the company looking for in an entrepreneur to support?
- [22:30] How do you know if a person can execute or not?
- [24:45] What does proof of concept look like?
- [27:40] Innovative things founders can do to push their business forward.
KEY TAKEAWAYS:
- It’s essential to work through the ups and downs that come with starting up a company. Things aren’t always going to go perfectly, so having the emotional intelligence to face that roller coaster is critical!
- To gain proof points, businesses can partner with other companies and even focus on more prominent companies to get word of mouth out and find consumers interested in the product.
- Finding an investor (like Founder Advisors) who will cheer you on and support you throughout the process can push and help make your business a success. Having a team stand behind you and root the company on is vital!
LINKS MENTIONED:
Mitchell Posada’s LinkedIn
Mitchell Posada’s Website
Founder Advisors