Today's Entrepreneur: Andrew Romans

Kristin Karaoglu · October 14, 2011 · Short URL: https://vator.tv/n/2037

No. 1 mistake: Failure to recruit the best people to join their team

Today's Entrepreneur is Andrew Romans, general partner of The Founders Club. According to his VEQ Andrew is good at networking, fund raising and negotiation.

Vator’s community is the home to entrepreneurs who embrace their passion and follow their dreams. Our newly-designed profiles allow members to express themselves by sharing their interests, lessons learned, as well as bits and pieces of their roller-coaster journey.

These profiles give entrepreneurs an opportunity to showcase themselves and tell their story. So if you are an entrepreneur, a serial entrepreneur, or even an aspiring entrepreneur, we'd like to hear from you.

You can learn about Andrew from his profile.

I am a(n):

Entrepreneur

Companies I've founded or co-founded:

The Founders Club, Georgetown Venture Partners, The Global TeleExchange (The GTX)

Companies I've invested in:

Founders Club, Vinswer, Feefo, Comedy Blaze

Startups I worked for:

Motive Communications, Sentito Networks

If you are an entrepreneur, why?

When I hear a great idea I see the mountain. I never recovered from going from my bedroom into 18k square foot office with GTX

My favorite startups:

The Founders Club, Vinswer, BioMedix, Smeet, Lysanda, YCD Multimedia, Covagen, Trevena, Pieris Pharma, Chroma TX, Sensimed

What's most frustrating and rewarding about entrepreneurship/innovation?

Frustrating: The fear of investors, prospective employees & partners. They should not be so afraid. The loss of time with someone who does not make a move.

Rewarding: the buzz and the growth. It feels like it matters. "Into the great wide open...the sky is the limit"

What's the No. 1 mistake entrepreneurs make?

Failure to recruit the best people to join their team and board. It's all team, baby.

What are the top three lessons you've learned as an entrepreneur?

1) Solid strategy
2) Good team
3) Correct decision on how to allocate time

Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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Related Companies, Investors, and Entrepreneurs

The Founders Club

Angel group/VC

Joined Vator on November 3, 2009

The Founders Club is an equity exchange fund where entrepreneurs agree to invest a small percentage of their future cash exit into a fund in return for ownership in the fund and membership in the club. We operate exchange funds for VC backed entrepreneurs and for non-VC backed entrepreneurs.

Use 1-10% of the equity you own in your company to become an angel investor in 50+ deals that you otherwise could not get into.

Our members have collectively raised hundreds of millions in funding from reputable angels and leading Venture Capital funds.