Personality Traits that Venture Capitalist Want in an Entrepreneur

Last week, one of my friends asked me the kind of personality traits venture capitalists look for in entrepreneurs. Based on my observations over the year of meeting both venture capitalists and entrepreneurs, I have maintained a mental list. Three traits that venture capitalist are looking in entrepreneurs are:
Tenacity
Venture capitalists always look for tenacious entrepreneurs. Tenacity comes up as one of the most critical ingredients to realizing success in entrepreneurship. Venture capital firms such as ENIAC Ventures look for the ability of the founders to break through walls. Start-ups have many ups and downs, and entrepreneurs must overcome every challenge.
Clarity of thought
A straight line between a solution and a problem shows a mastery of information that presents a person as an entrepreneur who knows his or her stuff. Venture capitalist wants entrepreneurs who understand their industry and entrepreneurship in general.
Passion
Venture capitalist evaluates why an entrepreneur is interested in solving a particular problem. Some VCs like funding entrepreneurs who are trying to solve personal problems. The conviction to find a solution for a particular problem is stronger when an entrepreneur is passionate about it.
References
https://www.entrepreneur.com/article/294701
https://www.inc.com/bill-carmody/5-qualities-vcs-look-for-in-an-entrepreneur.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s