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Do You Know the 5 Biggest Mistakes to Avoid!

Balancing the Entrepreneur-Investor Power Dynamics with Keith Ippel of Spring

Keith Ippel is an ecosystem builder, keynote speaker, and advisor to incubators, accelerators, donors, and governments. With over 20 years of experience as a leader in technology and impact businesses, Keith has helped accelerate the growth of small and large companies alike and has raised over 30 million in angel investment and venture capital. Moreover, his background has given him an unparalleled ability to collaborate with entrepreneurs, employees, and investors to grow businesses and change the world. 


Keith now leads Spring, a global incubator and accelerator that empowers entrepreneurs and entrepreneur ecosystem organizations to build better businesses and change the world. To date, Spring has supported entrepreneurs in over 30 cities across five continents, while its impact programs have helped over 750 entrepreneurs launch more than 350 businesses and raised over 24 million in early-stage capital.

 

       

In this episode…

The single biggest mistake that entrepreneurs make when raising funds is to treat investors like a bank account that they need to access. According to Keith Ippel, this creates an imbalance in the relationship, which leaves the entrepreneur feeling vulnerable. As a result, entrepreneurs try and regain this balance by keeping investors at an arm's length the moment they get the check. Keith says that this is far from ideal because building balance into the relationship between the entrepreneur and the investor is a choice that they make from day one.

Find out more about balancing the entrepreneur-investor power dynamic in this episode of the What’s Your Ask with Stephanie Sims, featuring Keith Ippel of Spring. They’ll be talking about how entrepreneurs are mismanaging relationships with investors, insider tips about how investors think, and more. Stay tuned!

Resources Mentioned in this episode

Sponsor for this episode...

Finance-Ability is a boutique consulting firm dedicated to helping business owners and startups find their best options for growth funding. Founded by financial strategist and transaction expert Stephanie Sims, Finance-Ability can help any business owner identify the right funding partners and get through fundraising as painlessly as possible.

Visit their website to take their online assessment test to help you find out which kind of funding is the best fit for your business right now. They also have a ton of resources to help you understand business processes and financial decision-making that can help you start and build your own empire so be sure to check them out.

Stephanie has over 20 years of experience having worked with companies like Goldman Sachs and CSFB. If there’s anyone with their heart in the right place when it comes to championing the dreams of small business owners and startup companies, Stephanie is that person. Let Finance-Ability help you get the funding you need and deserve to get your dreams soaring high towards your own brand of success.

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