Leading, Advising, & Co-Founding Scalable, High-Impact Ventures âªï¸ 20+ Years of Launching, Growing, & Exiting Businesses âªï¸ Big Believer in Faith, Family, Fitness, Freedom
We've been interviewing candidates for the Associate Founder roles inside our platform companies and an MBA graduate made an interesting distinction between the Venture Capital jobs he was interviewing for and our Venture Building firm... His wordsð Venture Capital allows you to get experience in due diligence, research, deal screening, excel spreadsheet manipulation, and learning how to support the partners of the firm. [my words = they probably pay well] Venture Building allows you to build a dang business. â¡ï¸WOWâ¡ï¸ [my words = we don't pay well till the biz takes off then we're rain makers] He was equally excited that it was alongside an experienced team with frameworks and playbooks that we're constantly improving. Frameworks and playbooks he could help build out... In entrepreneurship, there are no easy days. But when we're together there are is also NO BAD DAYS. We were both pumped after that meeting. I learned about the term "Venture Building" and "Associate Founder" a bit ago, but it all came together for me when I saw how the LATAM firms were doing it. They created (or acquired) businesses, ventures, and products and partnered with aspiring "founders" to build "ventures". Roll that up and you get a Venture Building firm partnered with Associate Founders to create impact. It's even more powerful when you can direct that impact at an under served people or community. Here is the beauty in business... There is no ONE WAY to do business and life. We all have a place, a role, and a purpose... When we can align those three things (place, role, purpose), we're able to move mountains and truly create infinite impact... It's taken me four (4) years of shaping, molding, and forging BSV to find the clarity and purpose for this venture. Build the life you want, friends... never settle... and never give up on your dreams.
Thank you for sharing this insightful perspective. It's fascinating to see how the roles of Associate Founder differ between Venture Capital and Venture Building. The emphasis on creating something meaningful and working alongside an experienced team with evolving frameworks is truly inspiring. How have these frameworks and playbooks been developed and improved over time?
Andy Smith ð Brilliant distinction. And I am so with you.... Never settle. Take breaks to reset but keep going in the end
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6moLove this Andy! Honestly, I have never even heard of the term "Venture Building" either, although I am not knowledgeable in this area. I agree that we all a place, a role, and purpose; we just have to go and find it, and not forgetting to take action everyday