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.