How To Support a Founder

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

Investors looking to find good deals should consider how to support founders.

The more the investor can support the key founders in their network, the better chance they have at finding a place on their cap tables.

Good founders launch a new startup every five years in most cases.

The previous startup may or may not have succeeded.

Investors looking for strong teams should consider supporting good founders on a day-to-day basis.

This builds a network of potential CEOs who need funding.

Here are some key steps on how to support a founder:

Find out what is top of mind for them currently.

Knowing what they are focused on will tell the investor how to add value.

Ask the founder about the current milestone they are trying to achieve.

Finally, ask what the biggest challenge they face today is.

Through simple questioning, one can figure out how to support the founder at this time.

Consider building a network of successful startup founders and supporting them in their work.

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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