You need more than mentoring hookups

Posted by & filed under Entrepreneurship, Mentoring, Startups.

As an entrepreneur, you’ve probably been mingling in startup events. You have probably met knowledgeable people, with experience in areas where you and your team are quite lost. And you should take every chance to talk to them. Many of those events — or accelerators, or incubators — call such people ‘mentors’. They are likely to share with you their opinions on your ideas, as well… Read more »

Good entrepreneurs are like dogs

Posted by & filed under Accelerator, Startups.

An old story; Plato asked Socrates to educate him. Socrates pushed Plato into the water and kept him there without oxygen. He punched and kicked to get free, but Socrates was a strong man and held him down. Finally, Plato blacked out due to lack of oxygen. Only then, Socrates pulled him ashore and resuscitated… Read more »

Should you be afraid to talk about your idea?

Posted by & filed under Customers, Entrepreneurship, Startups.

You’re an entrepreneurial individual, and you have an absolutely brilliant idea. Should you talk to others about it? And how much should you tell? Of course you should! At the moment, your business idea is only in your head. And everything makes sense there. You need to cross-check with reality. It’s going to be hard… but also necessary. I know… Read more »

Why your team is the most important thing to your startup’s success

Posted by & filed under Entrepreneurship, Startups, Team.

An often undervalued part of building a successful startup is the team. Many entrepreneurs just hire their friends and people around them without giving much thought on what they can really bring to the table and if the combination of skills, experiences, personalities etc. is right at all. They forget that it is an important if not… Read more »

Global or Local Fintech Accelerator? YES.

Posted by & filed under Accelerator, Corporations, Fintech, Startups.

We have done 19 accelerators mainly for global companies. 1-3 locations at the time. Being inside the corporations’ offices with startups. It’s a must. That’s the best way to deliver co-developed innovations for banks and bank customers. Corporations also buy learning from us. Learning to become like startups. They also want to learn how to… Read more »

One-night stands, dating and marriage – 3 phases of working with startups

Posted by & filed under Accelerator, Corporations, Startups.

I believe there are three phases of startup and corporation collaboration (all of which are needed by the way!): One-night stands, dating, and finally marriage. One night stands are the first contacts between startups and corporations. Mingling at startup events, arranging innovation competitions, hackathons and the like. These are needed for people to get first… Read more »

Minimum Viable Product (MVP) – unnecessary jargon of the startup world?

Posted by & filed under Entrepreneurship, Product development, Startups.

All communities have their jargon, and startups are no different. Probably one of the most used terms is Minimum Viable Product, MVP for short. It’s considered one of the core messages of Eric Ries’ book The Lean Startup. If you hang out with entrepreneurs long enough, you’re likely to hear the acronym used for almost… Read more »