Look for Founders With Balance

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

Investors funding startups know that the team is the most important element.

In reviewing the team, look for founders with balance.

There are some founders who can work on multiple aspects of the business, such as sales, product development, and team building.

There are others who are specialists.

They work well in one aspect, such as fundraising.

It's important to check the founders' skills to see that they can operate in other parts of the company.

There will not be enough funding or revenue in the early days to hire everyone needed to cover all tasks.

Look for those founders who have some skill in fundraising, sales, team building, and product development.

These are the core elements of a successful startup.

Finance, accounting, networking, and other skills can be outsourced or learned.

In addition to skills, the founder must spend time on each of these areas.

Look for founders with balance.

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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