On Wednesday 12th April (5pm GMT), join us for our virtual roundtable on The Power of Connection: How to Build and Leverage Your Network. Get ready to ask questions, share your experiences, and connect with other like-minded startup folks!
💡Go with your gut — Louis explains that taking a chance on new startups often comes down to gut feel and optimism: “It's so easy to find things wrong in any early stage business, ultimately, do I like the founder enough? Is the space growing fast enough? Is this a good bet?”
💡Is it solving a problem? — Louis is all too aware that many ‘next big things’ come and go, and it's often because they’re a ‘solution that’s looking for a great problem’. It’s important to make sure that your new business idea is actually satisfying an unmet need.
💡Resilience is key — Louis admits that building a finding product market fit involves a lot of luck. So, he believes that the most important attribute of a successful early-stage company is having the resilience and grit to stick with it long enough for that luck to strike.
💡It’s all about the advisory board — For Louis, establishing an effective advisory board made up of three or four people with the right experience and information is vital when you’re the founder of a new business.
As the COO @foundersfactory and former CEO @TeamContentive , there was so much that Framework members took away from the session.
