An interesting corollary I am finding is that many experienced founders are eschewing external capital during the earliest building stages of their new business. Having bootstrapped in many cases in decades past, living on ramen and necessities, the proverbial pre-seed, seed and angel rounds for many are replaced with sweat equity. Many, of course, have built up the financial assets to support them in the 2nd or later ventures but they vividly remember their first time and are choosing austerity instead of giving up equity early.
I'm not surprised by this at all! Second act entrepreneurs are a worthy group to encourage as we create a welcoming place of kindred spirits and entrepreneurs. My only observation is that you typically don't see them show up to "startup" events.
How should we better attract second act entrepreneurs into the community?
I believe we should do a brownbag conversation in each College to generate interest. We should have former startup founders who could discuss their experience in creating startups. Outside of the University, we can do a similar lunch and learn event at different locations.
Imagine a new social media that is specifically designed about all of the ways to do the Peaceful Revolution. If you want help imagining what that would look like, then please visit: www.humbledeeds.com
An interesting corollary I am finding is that many experienced founders are eschewing external capital during the earliest building stages of their new business. Having bootstrapped in many cases in decades past, living on ramen and necessities, the proverbial pre-seed, seed and angel rounds for many are replaced with sweat equity. Many, of course, have built up the financial assets to support them in the 2nd or later ventures but they vividly remember their first time and are choosing austerity instead of giving up equity early.
I'm not surprised by this at all! Second act entrepreneurs are a worthy group to encourage as we create a welcoming place of kindred spirits and entrepreneurs. My only observation is that you typically don't see them show up to "startup" events.
How should we better attract second act entrepreneurs into the community?
I believe we should do a brownbag conversation in each College to generate interest. We should have former startup founders who could discuss their experience in creating startups. Outside of the University, we can do a similar lunch and learn event at different locations.
Imagine a new social media that is specifically designed about all of the ways to do the Peaceful Revolution. If you want help imagining what that would look like, then please visit: www.humbledeeds.com