Making the most out of your accelerator experience
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Getting accepted at an accelerator is a great achievement and boost for a startup. What are the best ways to take advantage of that?
Making the most out of your accelerator experience
- 1. Making the most out of an accelerator experience by Max Gurvits
- 4. You can learn a ton of founder lessons
- 5. You will get to know top people in the industry
- 6. You may even become a social media personality
- 7. and you can earn (start building the foundation of a formidable business)
- 8. The metrics for earning:
- 9. Fact no.1 Great companies dont get built at accelerators
- 10. but they can get a formidable head start
- 11. Fact no.2 Customers care about a great product. Great product delivers traction. Investors care about traction.
- 12. The best pitch is not a pitch but a tagline: This is our product. This is our traction. Boom.
- 13. Most common false positive in startup land Doing the investors and mentors work instead of your own
- 14. Traction = Quality of execution / resources (time + money) Time: 3-6 months Money: EUR 25-50K Quality of execution: ???? you
- 15. Quality of execution: mission possible (thats you with your tools)
- 22. and the secret sauce (here we go again)
- 23. Distribution!
- 24. http://blakemasters.com/post/22405055017/peter- thiels-cs183-startup-class-9-notes-essay Big difference though: Before P/M fit After P/M fit
- 25. So in short: Learn (read, try out, and network) Earn (execute to get traction) Get ready to build a great company
- 26. Max Gurvits max@1minute.vc +359 88 685 2881 http://facebook.com/maximgurvits http://linkedin.com/in/maximgurvits @mxgur https://dashboard.io/people/ maxim-gurvits