Advice for Budding Entrepreneurs: Don’t Give Up
Posted on August 15, 2012 by nina
Published by Mashable
Brian Solis interviews Adeo Ressi and talk about the investment process.
Understanding the investment process in Silicon Valley used to require membership to a very exclusive club of investors, plugged-in media and experienced entrepreneurs. Adeo Ressi wanted to change that.
After starting seven successful companies that generated more than $2 billion in shareholder value, he was faced with diminishing equity with each new company he would start. In 2007, Ressi unveiled the anonymously backed TheFunded.com to improve the relationship between investors and entrepreneurs.
In 2009, Ressi launched the Founders Institute, an early-stage startup accelerator for budding entrepreneurs. The institute as launched 550 companies in 27 cities across five continents.
When asked to share his best advice for budding entrepreneurs, Ressi reminded us to stay true to the mission and customer value.
“It truly is always darkest before the dawn in entrepreneurship. Don’t throw in the towel even when it seems the worst… It’s part of the journey of success.”