Definitions• Incubators CrashDev post• Accelerators• Niche – clean tech, health care, mobile• Location – state, national, international• Invest Cash or Pay Course Fee• Single vs. Co-Founder• Full Time vs. Part Time• Co-Working Spaces – space +
What Do You Want?• Lifestyle Business?• Services Business?• Scalable Business?• Will you need capital?• What do you need before capital?• What’s your Golazo?
Where Are You? Pre- Pre- Pre-Ideas Product Revenue
What do you need?• Blocking & Tackling? Incorporation, research, Exec Summary, financial model, demo• Team? Some programs require co-founders• Network? Peers & Mentors• Investment? Only after you have a product!• Coaching? When you have a model and $$
Accelerators• Structured Program or Outcome• Full time – 500 Startups / Tech Stars• Part time – Founder Institute• Product Demo• Peer Contacts – Think B-School grads• Mentor Contacts – Hard contacts are still hard to get a hold of
Co-Working Space• Short term lease – Flexible Space – Surf, TheHub, Hacker Dojo• Peers• Mentors
Check List Idea Stage Customer Validation Team Status MVP & Product Blocking and Tackling Space
Notes• Stage of your startup• FI takes the pain out of – Spreadsheets, incorporations, – Focus on problem, solution and product• Geeks on a train/plane• Lean – Reis• Niche specific incubators – gaming healthcare• Local, State, National, International