FutureSight

We're #hiring a new Entrepreneur in Residence (Future CEO / Founder) in San Francisco, California. Apply today or share this post with your network.

How do founders sustain themselves while launching a startup? We break down 7 personal funding strategies—from bootstrapping and moonlighting to FIRE and family funding—to help you navigate your entrepreneurial journey. To read this story and learn about funding your personal runway, the article is in the first comment 👇👇 #Entrepreneurship #StartupFunding #FounderFinances #RiskManagement #VentureBuilding #FutureSight #FinancialIndependence

We are delighted to announce a powerful new alliance in the construction industry. Crewscope has joined forces with EllisDon as a new Technology Ecosystem Strategic Partner! By aligning worker incentives and increasing field-level transparency, Crewscope is able to increase field productivity, enhance transparency, and significantly improve staff retention rates. We are proud of Crewscope's achievement on this significant milestone. We look forward to seeing the innovation and productivity this partnership with EllisDon will bring to the construction sector.

John Carbrey, our Managing Director, has always talked about the concept of why we want what we want. In his journey towards wanting well, John explored mimetic desire, as described by French philosopher René Girard, and how our wants are often shaped not by inner desires but by observing others. He reflected on the influence of role models and how choosing our models carefully can help us want better. Join John on this journey of self-leadership and discover in his latest article: Wanting from Windows: Part 1 of A Journey Towards Wanting Well 🔗

Read more about how we break down entrepreneurial risk and capital, including how you can assess your own Risk Profile Scorecard, in our article: The Four Capitals of Entrepreneurship: Are You Ready to Take the Jump? 🔗 https://lnkd.in/g98aHF2m

What's More Important for Founders? When starting a new venture, which do you think is more crucial for founders? A) Risk Capacity: The financial ability and runway to sustain the startup. B) Risk Appetite: The willingness to take on and manage significant risks for potential rewards. Vote and share your thoughts in the comments!

Entrepreneurship is hard. You have to balance between risk appetite and risk capacity to build a successful startup: ⚡ 𝐑𝐢𝐬𝐤 𝐀𝐩𝐩𝐞𝐭𝐢𝐭𝐞: Are you willing to take on significant risks and be accountable for both success and failure? Do you have the drive to push through fear and uncertainty for potential rewards? 💰 𝐑𝐢𝐬𝐤 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲: Do you and your venture both have enough financial runway to get through the early stages? Can you manage your personal commitments and motivations while investing time and resources into your startup? Are you being honest about your ability to balance risk appetite and risk capacity?

How can you increase your entrepreneurial risk capacity? 𝐁𝐮𝐢𝐥𝐝 𝐲𝐨𝐮𝐫 𝐬𝐚𝐯𝐢𝐧𝐠𝐬: Ensure you have a comfortable personal runway. Experiment with a more frugal lifestyle to extend your runway. 𝐒𝐞𝐞𝐤 𝐬𝐮𝐩𝐩𝐨𝐫𝐭: Diversify risk by having your partner take a stable role while you pursue the venture. Consider working with a business partner to share the risk. 𝐆𝐚𝐢𝐧 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞: Start with less risky roles such as consulting, advising, or joining early-stage companies. Build your risk capacity and skills over time. 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬: Have open conversations with your loved ones about the risks and rewards. Ensure their understanding and support for your journey. What steps are you most comfortable taking?

Most people think entrepreneurial risk is all about having enough money to start, but... It's more than just money. Entrepreneurship also requires: 🧠 Mental Capital: Enduring the anxiety, pressure, and prolonged focus of venture building. Experience, mental resilience, and self-awareness are key. ⏰ Time Capital: Dedicating enough time to make the venture a success. Evaluate your commitments and ability to prioritize your venture. ❤️ Relationship Capital: Ensuring your loved ones understand the risks you're taking on and provide their support and alignment on the journey ahead. Are you ready to take the entrepreneurial plunge?

🚀 Join us to transform the Managed IT Services industry! We are seeking a Co-founder & CTO passionate about delivering ground-breaking business insights to MSP owners, enabling them to take definitive actions to save costs and generate new revenues. Ready to build the next big venture? Apply now! 🔗