There are many great mysteries in life. One of them is how to become an Entrepreneur in Residence.
I was fascinated by this job for many reasons. It seemed really really easy. The people I met who have these roles have very few qualifications in my opinion.
One of my friend started a company for a few months and landed a role like this.
It’s so simple and clear to me now. I finally figured it all out though.
The best way is to have a successful exit for your company and then simply ask your investors for a referral or be an EIR at their firm.
The second best way is to have an “okay” exit like I did. We basically just gave the investors their money back. At least they could trust us with their money again.
I met up with one of our angel investors a bit after we were acquired in Shanghai and asked him for intros to firms in Asia where I could help out as an entrepreneur.
It’s that simple.
If you don’t have an exit at all or blow all the money, maybe don’t ask.
I was given two interviews and one offer which I sadly could not end up taking. I had to relocate due to living in China during Covid-19.