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Building Confidence in Entrepreneurship with Shruti Shah
Manage episode 498377905 series 3564548
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Are you ready to scale your business and attract the right investors? Do you know how to build confidence as a founder and navigate the challenges of entrepreneurship? In this episode of DO GOOD X, Kimberly and Stephen are joined by Shruti Shah, a partner at Symphonic Capital, who shares her expertise on funding, exit strategy, and leadership. With her unique lens as both a founder and investor, Shruti offers valuable insights on how to build a successful business that makes a positive impact.
IN THIS EPISODE:
- (00:00) Kimberly and Stephen discuss highlights of conversation with Shruti Shah
- (06:27) Shruti’s journey into her current career
- (08:06) Introducing the DO GOOD X Mastermind Retreat
- (08:22) Deciding on an exit strategy and different funding options
- (12:51) Exploring funding options for early-stage startups
- (14:00) Accelerator programs are valuable, and testing your product or service
- (17:28) How much to spend on a prototype to test a product
KEY TAKEAWAYS:
- Confidence is built through navigating hard times, and reflecting on past experiences can help entrepreneurs develop the resilience they need to succeed.
- Investors who bring empathy and understanding to the table can be invaluable to founders.
- Entrepreneurs should carefully consider their exit strategy and funding options, determining the type of investment that best suits their business.
RESOURCES:
DO GOOD X Mastermind Retreat
BIOGRAPHY:
Shruti Shah is a partner at Symphonic Capital, a pre-seed investment fund, and has extensive experience as an entrepreneur, advisor, and investor. She was previously an Entrepreneur-in-Residence at Nike and Silicon Valley Bank. She co-founded Move Loot, a Y Combinator-backed marketplace for buying and selling used furniture that raised $22 million. Forbes has recognized Shruti as a 2016 30 Under 30 honoree in Retail and E-Commerce and by the Aspen Institute as an Aspen Ideas Festival Scholar. She holds a BA in Political Science from the University of North Carolina and an MS in Education from Johns Hopkins University.
KEYWORDS: Entrepreneurship, Capital, Confidence, Empathy, Investors, Founders, Startups, Business, Leadership, Funding, Exit, Strategy, Venture, Accelerator Programs, Profitability, Economics, Investment, Partnerships, Entrepreneurship, Innovation, Scale, Business Capital
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