It’s often the first money into a startup, but the Friends & Family round is filled with emotional and ethical traps. Should you take your best friend's savings? How do you manage expectations? In this minisode, Ed provides a clear guide to navigating this crucial first step. Learn the one rule you must never break, how to honor the trust placed in you, and the critical difference between a co-founder who shares the risk and an early employee who is just along for the ride.Show Notes:(02:20) The Real Purpose of a Friends & Family Round(03:40) The #1 Rule: Only Take Money They Can Afford to Lose(04:20) Why Friends & Family Invest in YOU, Not the Idea(05:15) Your Obligation: How to Spend This Money Wisely(08:20) The Definition of a True Co-Founder (Risk & Reward)(11:20) Toxic Behavior: Using Family Investors as a WeaponLinks:Learn More about SAUS here: https://sausleadership.com/Ed Roberto's Profile: https://www.a8innovation.com/our-team/ed-roberto Adel Hameed's Profile: https://www.a8innovation.com/our-team/adel-hameed Follow Us: Instagram - https://www.instagram.com/mentor.ed.podcast/ LinkedIn - https://www.linkedin.com/showcase/mentored-show/  The MentorEd Show is an A8 strategy Original Podcast

Ver todos los episodios