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INSIGHT #13: What’s Different in the Mindset of a Second-Time Founder, the Importance of Cofounder Fit, and Why You Shouldn’t Fear Entering an Unknown Industry

Author
Uldis Teraudkalns & Janis Zeps
Published
Tue 04 Mar 2025
Episode Link
None

This is an insight from our previous conversation on starting a new company as a second-time founder:

  • The mindset of a repeat founder differs substantially from first-time founder - more ambition
  • Apply a structured approach to figuring out your next business
  • Having the right founder is still the main key to success
  • Don’t be afraid to start in an unknown industry - there are hidden benefits to that
  • Execution beats planning

Martins Lasmanis is the co-founder of Supliful - a platform that allows you to start your vitamin and supplement dropshipping business in minutes. He is a serial entrepreneur having co-founded and exited companies before. Martins also spent almost 10 years as a VC having seen the business also from the investor side.

Listen to the full conversation with Martins here on Episode 138:

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