How To Keep Up With the Ever-Changing Startup World

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

The startup world is constantly changing.

It brings new technologies, applications, and business models.

The startup investor must keep up with the ever-changing startup world.

Here are some key tips on how to stay up:

Realize that one's beliefs about how the world works will at some point become obsolete.

Look for the drivers of change.

This could be breakthroughs in technology, new entrants into the startup space, or new ideas about how to run a business.

Avoid predicting the future.

Instead, look to solve problems.

New startups often look unworkable because they are nascent.

Test new ideas by how well it solves a problem.

Look for people who are good at solving problems.

Invest in those who have key insights into the solution.

Finally, hang out with those who traffic in new solutions.

It's okay to look to the future.

Just don't get set on any particular outcome, as it will almost always come out differently.

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.

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