Founders Who Got Lucky Hello, this is Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing. Some founders get lucky and achieve a successful exit of their business. They were in the right place at the right time with the right solution. Investors should be wary of founders who got lucky. Their luck may have come early in the life of the startup. It’s often the case that they haven’t built the skills necessary to launch and grow a startup. Successful founders typically have several years of experience, but an early exit may have cut this short. When those who got lucky start their second business, they assume the conditions will be the same. They assume they will have a great product, and traction will come easily. But the conditions that played out on the first startup will rarely be there for the second one. The challenges of a startup are what make the founder. The hard times become the lessons that they take with them throughout life. If they skipped the hard times, then chances are they don’t have the skills needed to take a startup through to an exit. As an investor, be wary of founders who got lucky. 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.

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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.