When you were little, have you ever felt that your parents have been playing a good cop/bad cop game? Your mom was a bad cop. Always being strict and setting rules to what should be done. And your dad was chill. Always letting you “get away” with things. I might have been the opposite. But the crucial thing is that we all have felt it at least one time in our lives.
We have all felt that one of our parents are playing a game with a more negative stance and view to things, while the other is more understanding and supportive. Can it apply to the working environment as well? If you have worked in a company, you have probably encountered different team-leaders and managers with various tactics towards employers. It is usually the case that people don’t know how to act in a big company and they usually get weakened under the pressure and act the roles they have seen before.
But why I am comparing parenting and entrepreneurship?
Well, for starters, if you are a young entrepreneur or an entrepreneur-to-be, you have created your team around a certain goal. You and your team consider each other as a family. Every entrepreneurial project is a kind of a small family where all the members are helping each other. If you are a founder, you might as well be an older sibling that takes a lot of organizational obligations on himself, and the rest are younger siblings helping out. Who are your parents? Who is going to lead you and help you with all the tough decisions? Who has the most experience of all of you?
And that is where Casper Ravn-Sørensen kicks in.
The best part of being an investor is that you get to mentor great minds. There are so many talented entrepreneurs that have a huge potential. It’s great to talk to so many people that are passionate about their ideas or projects. These people usually know how to scale things with the right network, knowledge and capital. I am very involved when I feel that the entrepreneur really feels its project, has a strong concept and a committed team – this is when my full attention is captured.
And not just attention. He knows that god cop/bad cop is an old game. He knows that one shouldn’t be too strict to get a positive feedback from the people one collaborates with.
If you would come to Casper with a problem, and in search for an advice, he knows you wouldn’t need a lecture on all the things that went wrong, and all the things you should have done before.
The thing is that you don’t need someone to tell you that you are doing good. If you are not. And even if you do, you would know you are doing good.
Being able to help talented young entrepreneurs with my network, knowledge and money has become my mission. As an investor I decided to reach out to entrepreneurs, and help them grow successful businesses. I like young entrepreneurs; they hold a better understanding of modern technology and how it can change the business game. Therefore, together with my partner Mads Emil Fast Dahlerup we founded Dotcom-Capital. The company will offer different kind of resources; knowledge, experience, networks and capital that will help many businesses get out from the ground.
Casper Ravn-Sørensen would be there to give you a friendly advice since he remembers that he started in the same way 10 years ago. He remembers how he didn’t have a mentor. How he didn’t have someone to rely on in those days. And that is why he wants to give that opportunity to you.
I am always trying to make companies that have a synergy with one another. Companies that can complement with each other in the right way. Those companies I am working in, and for, should have an international potential, and they should scale up fast.
Casper Ravn-Sørensen is not just making companies, he is also making huge families
that can collaborate with one another since they have some common fields they can use. It is a huge responsibility. It is a huge amount of work for one person. But he manages to do it since he has such a big desire to help people whom he is connected with professionally. If you need a mentor, then he could be a person that could help you. To be a mentor doesn’t necessarily mean you have to be a cop. Of course if your mentee is out of control and doesn’t listen to any advice, the game should become more strict. But in reality, a good mentor is a coach. Someone who is going to help you in your goals, and not someone who is going to “punish” you for making a mistake or having a different opinion. Even though in theory he is not playing a good cop/bad cop game, as we already said. Sometimes, he knows how to be in a “bad cop” part of the story.
On a question What is your worst experience as being a mentor for entrepreneurs? he answers
Probably, when you see a big potential in people but because of certain reason they are not achieving their best. They just accept what they have and don’t strive for more. As an investor I can get frustrated when I invest in people and don’t get the expected outcome. It is simply not enough to have a good idea. You should be willing spend long hours and work hard on order to achieve your goals. But sometimes young people are not committed enough. I experienced many people with great ideas but with no results, for different reasons. My philosophy about startups is: “If the project can grow profitable, get it out and work it on” – even if you make mistakes. Those mistakes will teach you valuable lesson.