As a serial entrepreneur, I started exploring investments into businesses a short few years ago. Back then my focus was towards the startup setups mainly because of
- Our love for pioneering businesses
- A way for us to give back to the youth community (funds, experience, network)
Fast forward to December 2016, looking back, we were definitely close to investing in a few startups, in a host of industries…. shoes, fashion, medicine, IT, ecommerce, etc. BUT why have we not thus far?
Few issues come to mind…
- Fund management
- Character of the founders/team
- Sustainability & Scalability // Limited vision
Too often, many operate on a fairy tale basis….all’s well and will continue to be well. A best case assumption is unrealistic. How about a worst case scenario too? Not pleasant to think about but necessary.
Today, we continue to receive invites and pitches countries across the globe and of variety of industries. As investors, we have ourselves matured too. The investments we have made are more matured businesses. Yes, businesses, not ideas. These businesses are at the early stage, primed for growth.
The difference is, these founders/owners have gone thru the heat and is realistic in their approach to business. Investing in a business costs significant higher compared to a startup but the risks are lower. Investments are not just ROI but also risk management. For us, RISK management is priority. Can a startup be likewise? Absolutely!
Many have asked what is it that we are expecting…
- Brave & Creative but a Realist
- Some appreciation for our funds e.g. utilization
- Business Model
- Team is super duper prepared!!!
So, while we have invested in businesses, we are still waiting for the right startup to come knock on our doors. Don’t paint us an ideal picture. Show us the REAL picture.