Participium organized various Investor Nights during the first months of 2014. One of the most important lessons from these sessions was that they have to try to be more than just a matchmaker between an entrepreneur on one side and potential capital and directors on the other side. Our role must be more active.
As a test case, we have started to make an active commercial contribution to one of the projects and we have noticed that this is paying off. We have also seen that specialists and engineers with excellent ideas are usually unable to do it alone. They often don’t even want to do it alone, but are forced to do it alone because of a lack of resources. The entrepreneur with the golden idea turns out to be a rare combination. Some entrepreneurs do not have good ideas at all, but they are brilliant entrepreneurs when someone else brings them those ideas. Others have an idea, want to undertake, but do not have the guts or the experience to do it alone.
Team-team-team
This is still ranked in the top 3 of reasons for success. One of our contacts put it firmly: “I believe in the survival of the fittest”. Well, we believe that the “fittest” include exactly those technological companies in which the technical specialist with the golden egg is supplemented by co-entrepreneurs with additional expertise, such as marketing, sales, HR. And those fellow entrepreneurs? That’s what we’re going to take care of.
How we will make this tangible, we will explain to you in a next update.
Participium 