OneVentures, like top Tier US VCs, believes in the strategy of hiring with preference former successful entrepreneurs who have the understanding and experience to build high growth technology companies. So why does this work?
Harvard Business School’s recently released research (Persistence Performance in Entrepreneurship, July 2008 HBS Working Paper Number: 09-028) demonstrating that if you want to be a successful entrepreneur, your best bet might be to partner with entrepreneurs who have a track record of success. They observed:
·
Previously successful entrepreneurs are
significantly more likely to lead successful new ventures than
first-timers or those who previously failed,
·
Successful entrepreneurs are adept at
selecting the right industry and time to start new ventures, and
·
Previously successful entrepreneurs
appear to shorten time to realize and list new ventures bringing forward
returns.
Not only does having an experienced entrepreneur on the team provide these benefits to the investee company but their depth of understanding of the issues faced by the companies and their operational management can add enormous value to the entrepreneurial team.
OneVentures aims to come alongside our investee companies and help them clear the hurdles faced, more easily navigating a shorter course to success for the business using our experience and expertise.
OneVentures Philosophy is to:
 |
Foster an entrepreneurial team: Core to OneVentures is the belief that it takes one to know one. The OneVentures team has members with entrepreneurial, international and technology business growth experience.
|
 |
Understand what we invest in: By understanding the science and the market requirements, OneVentures will be able to help the investee company with the critical path to commercial product development
|
 |
Invest in leading technology backed by a competitive team: OneVentures is looking for young companies building a winning culture in their business – The A Team.
|
 |
Invest more than capital: Focusing on a select group of companies, OneVentures will become a valuable part of the investee team.
|
 |
Create a support and mentoring network: Helping to smooth the road for the entrepreneur and providing support for the tough decisions. |
 |
Generate Success: Success breeds success. OneVentures will lead the entrepreneur through all business transitions. |
 |
Realise Returns: By gaining the respect of the entrepreneur, OneVentures will help take the entrepreneur and business to a successful exit.
|
|