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Startups, Entrepreneurs, be better informed before you 'Pitch it'!
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Rescooped by Marc Kneepkens from Digital-News on Scoop.it today
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How to Know When to Change Direction

How to Know When to Change Direction | Pitch it! | Scoop.it
There's something to be said for stick-with-it-ness, but most entrepreneurs stick with flawed ideas and plans way longer than they should.

This is Silicon Valley. Startups, founders and VCs are everywhere. You can’t walk down the street in Mountain View or Palo Alto without bumping into one or two successful entrepreneurs. And yet, they usually have one thing in common: this isn’t their first rodeo. In other words, their initial venture wasn’t the one that stuck.

Knowing when it’s time to quit and try something different is always tricky. The problem is, when you’re in the middle of it, there always seems to be one more thing to try. One more customer to call. One more investor to pitch. One more credit card to max out.

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Via Thomas Faltin
Marc Kneepkens's insight:

Focus needs to stay with whatever you're doing. Keeping an eye on that is important. Sometimes mentors or or anyone who is looking at what you do from a slight distance have a better view. Keep on touching base with everyone, yourself included.

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Good news! 1337 Ventures has a pre-accelerator programme for startups

Good news! 1337 Ventures has a pre-accelerator programme for startups | Pitch it! | Scoop.it
Prominent startup accelerators have strict entry criteria; Alpha Startups pre-accelerator programme aims to fill a gap in the ecosystem.Prominent startup accelerators have strict entry criteria; Alpha Startups pre-accelerator programme aims to fill a gap in the ecosystem.

Accelerators such as JFDI or HaxAsia in Singapore, SparkLabs in Korea and Movida in Japan have had much success in growing startups into fruits that are viable for harvest by early-stage investors. However, the selection pool for each accelerator is large, and not all startups are able to benefit from the intensive training. In fact, JFDI has an acceptance rate of less than 3.6 per cent, as reported by e27 in a previous article.

Now there is good news for pre-seed startups! Malaysia-based 1337 Ventures, the company behind 1337 Accelerator, has announced the launch of its Alpha Startups pre-­accelerator programme together with MDeC.

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Marc Kneepkens's insight:

Pre-accelerator programs are an excellent idea. With so few startups  being chosen for funding it is a great initiative to create more quality and offer some first hand experience to entrepreneurs.

Good market for consultants and mentors.

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why you need to find a mentor for your startup

why you need to find a mentor for your startup | Pitch it! | Scoop.it

“And that is how we’re going to get to $25-million in revenue within 18 months!” 


I bit my lip and scratched my head. Sitting opposite me was a small business owner with over 10 years experience in his industry. By all outward appearances he seemed to know what he was talking about. However, there was a huge disconnect between the realities of business and his vision for the future. 

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Via Justin Jones
Marc Kneepkens's insight:

Even if you don't need a mentor and you are successful, get one. At least one. It's great to have different perspectives.

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JunoPark's curator insight, May 30, 2014 12:29 AM

why you need to find a mentor for your startup | @scoopit via @2JustinJones

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When to work with an incubator or accelerator


If you live in start-up world, as we do there are an astounding number of incubators and accelerator schemes out there. Frankly I could spend most of the article listing them and telling you what they do and how they work. But I won’t – not for a public article, but if you stay after class I will provide some pointers….

However there is a real question to be answered, as an entrepreneur what are the benefits of becoming part of an accelerator/incubator. More to the point what is the difference between them?

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Via marcduke
Marc Kneepkens's insight:

Figuring out what fits best for your startup is part of the process of being successful. Do you want to go the fast way and join an accelerator experience, or do you need a little more time and get things straight? An incubator might be what you need. Or do you need none of the above?

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