11 Things We've Learned Accelerating Startups
?
0 likes?142 views
At Startupbootcamp IoT we run a 3-month growth program for connected hardware startups. This deck outlines eleven lessons we've learned across running two programs.
11 Things We've Learned Accelerating Startups
- 1. What We've Learned From Accelerating IoT & Hardware Startups Ben Hayes
- 5. 1.
- 6. 2. Why do we exist? What do we do, make or provide? How do we do it? Who do we do it for? What are the benefits? What don’t we do? What makes us special? Why should you buy?
- 7. 3. Build a business model around customers. Talk to them.
- 8. 4. Focus on product essentials, not nice to haves.
- 10. 5.
- 11. 6. Nail your value proposition.
- 12. Product / Service. Audience (user, influencer, buyer). Product features. Problem it solves / value it brings. What benefits that brings to a person. What benefits that brings to the business.
- 14. 7. “We are a tech driven consumer electronic company with a strong passion and drive to better the reality of children when growing along innovation.”
- 16. 8. Investment is (still) a catch-22. Explore alternatives.
- 17. 9. Don’t assume that crowdfunding is easy.
- 18. 10. If you’re raising, know why you’re raising that amount. Tie it to product / company milestones.
- 19. 11. Your investment materials are yours. Include key info yes, but know what showcases your company and brand best.
- 20. 12. You’ve heard about your business 1,000 times. A new person hasn’t.