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Results for: Accelerator

I haven't seen a deal structured this way. Usually they get 6-10% equity I exchange for some small amount of money ( ~ $25k ) and tons of mentorship. 15% for $20k seems high ( you are valuing your company at $133k ) but there might be more to it. Accelerators are great specially for unknown foun...

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Each accelerator is going to be different so there's no typical wait time, but here's some basic advice: 1. You can't count on getting in, so you must continue growing your business as you would without the accelerator. 2. Ask your other entrepreneur friends who applied at the same time if they ...

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Need way more information than this. For starters, you need to know the following: What are their reasons for wanting to create an incubator? What are their needs? Can you meet those needs? When are they planning to make a decision? Who would be making the decision? Are they committed to startin...

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Hard to determine best, but how about: * YCombinator - Pebble, Upverter, BufferBox * Bolt http://bolt.io/ * Highway1 http://highway1.io/ * Lemnos Labs http://lemnoslabs.com/ There are probably others.

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Build a great product and get some early traction. Assemble a top-notch term of co-founders. Understand your space like nobody else. Be good at telling a great story and communicating your vision.

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You have limit time and resources so you need to think what I call "FIRST DOLLAR" approach. If you look across different modes to sell and target there has to be a few that would be the optimal. Focus only on those first don't look elsewhere - put each next dollar of effort into these (or this on...

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I believe it's never too early to start building a brand and culture and that can be done before there's even a MVP. They can work on getting people involved in what they're doing, make new connections, and build some excitement via their blog, social media, videos, or sharing the process of what...

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Develop executable strategy and prioritized action list... The devil is in details of course. And lots depend on the field and type of business you are trying to build. I mentor a lot to startups and formal accelerator programs. Glad to discuss if there is an interest.

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You should never bring anyone on the team unless you feel they are awesome and will add value. I believe the first 12 team members will dictate the success of the company. That being said, you can bring in team members and give them equity that vest over 4 years, so that there is no risk to you...

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There are many strategies that work for new sales people using LinkedIn, one of my favorite is active lead gen. For high ticket sales, new hires do well to talk to the sales manager about who the company's best clients are. Armed with this knowledge, the sales person can profile the common trai...

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