Making the most out of an accelerator experience by Max Gurvits

Congrats. Now what?

Learn and Earn

You can learn a ton of founder lessons

You will get to know top people in the industry

You may even become a social media personality

… and you can earn (start building the foundation of a formidable business)

The metrics for earning:

Fact no.1

Great companies don’t get built at accelerators

… but they can get a formidable head start

Fact no.2

Customers care about a great product. Great product delivers traction. Investors care about traction.

The best pitch is not a pitch but a tagline: This is our product. This is our traction. Boom.

Most common false positive in startup land

Doing the investor’s and mentor’s work instead of your own

Traction =

Quality of execution / resources (time + money)

Time: 3-6 months Money: EUR 25-50K Quality of execution: ????

you

Quality of execution: mission possible

(that’s you with your tools)

Tool:

http://canvanizer.com

Tool:

http://getpmf.com

Tool:

http://500.co/2013/07/23/how-to-hack-distribution-for-angellist-and-get-more-money/

Tool:

http://www.quora.com/Kickstarter/What-are-some-secrets-or-not-so-obvious-tips-to-running-a-successful-Kickstarter-project

Tool:

http://www.slideshare.net/press42

http://www.brownsteinegusa.com/find-tech-reporters/

Tool:

http://flip.it/pCaQj

… and the secret sauce

(here we go again)

Distribution!

http://blakemasters.com/post/22405055017/peter-thiels-cs183-startup-class-9-notes-essay

Big difference though: Before P/M fit After P/M fit

So in short:

Learn (read, try out, and network) Earn (execute to get traction) Get ready to build a great company

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