Investor Connect Podcast

How To Recover From a Bad Investment

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

If you invest long enough you’ll make a bad investment.

Here are some causes for a bad investment:

Overpaying for the startup through too high a valuation.

Making a snap decision on just a few factors such as the team or the market.

Failing to perform thorough due diligence.

Here are some tips for how to recover:

Let it go and move on.

Don’t let a bad startup investment get you down.  

Remember, it happens to the best of us.

Reflect on what went wrong and where did you make a mistake.

Reassess your process. 

What should you change to not make the same mistake again?

Finally, don’t beat yourself up.

Look to the future and remember the lessons learned from this experience.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Direct download: 04.How_to_recover_from_a_bad_investment.mp3
Category:general -- posted at: 5:00am CDT

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