2/13 Strategic Partners

Mistakes early stage companies make and how to avoid them

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In this episode, Greg Sarian, CEO and founder at Sarian Strategic Partners, speaks with Michael Poisel, Executive Director of PCI Ventures at University of Pennsylvania’s Penn Center for Innovation. Michael talks about a few mistakes and oversights that founders and executives of early stage companies make while Greg talks about the oversights that individual executives have made at a personal planning level. They both share what to do and ways to avoid them at the entity level.

 

“If you want to continue to grow your business, then you’re going to need to invest in your business.” -Michael Poisel [04:14]

 

What You Will Learn:

  • [01:17] Meet Michael Poisel
  • [01:44] Michael’s best advice when raising early stage capital
  • [03:19] A classic mistake on the operating level
  • [04:38] Key factors in succeeding and attributes of strong CEOs
  • [08:45] A founder’s need to have a constituency plan and personal risk coverage
  • [13:44] What’s important about starting a company with the end in mind

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    Resources:

    Visit our website: sarian.hightoweradvisors.com

    Visit PCI Ventures: pci.upenn.edu/venturesteam

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    2/13 Strategic PartnersBy sarianstrategicpartners
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