🚨 Unusual Academy is coming back this fall. Applications for the fall cohort will open next week! The Unusual framework for finding product-market fit emphasizes 3 critical ingredients: 💡 A unique insight 👀 A radically different vision 👩💻 A desperate customer Without these ingredients, startups are more likely to flounder and build the wrong product for the wrong audience. We believe so deeply in helping startups build the right foundation that our academy and university programs are dedicated to teaching the customer discovery process. In the past year alone, we have worked with dozens of academy founders to help them execute the customer discovery process. Sign up for our newsletter so you don't miss any updates. Link in the comments! ⬇
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Buckle up - we're approaching a Stage Gate. 🏎 It's already the third week of our program, and startups have been fully engaged since day one: ▪ Delving deep into discovering their inner motivations with Alex Ivanov ▪ Discovering customer-centrism and strategies for hypothesis testing and pivoting with Orfeuo Lionor ▪ Crafting effective sales messaging under the guidance of Jan Smit ▪ Receiving business and personal assessments from Alexander Nevedovsky And let's not forget our weekly sessions with the investment director, core mentors, and peer-to-peer discussions moderated by Alexey Melnichek With such intensive work underway, we're reaching a pivotal moment - the stage gate! It’s where both startups and we will decide if continuing together makes sense. We assess team performance and support compatibility, while founders evaluate the program's value in achieving their goals. Next week, we'll unveil the 𝗳𝗶𝗻𝗮𝗹_𝗳𝗶𝗻𝗮𝗹_𝟭𝟬𝟬%_𝗳𝗶𝗻𝗮𝗹 list of startups for the second batch - those continuing the journey with us to Demo Week and beyond. But with that amount of work being done to date, we are pretty confident that even those who won’t proceed with us got a tremendous amount of value and made great progress. And this is our mission and approach - to bring positive impact through all we do.
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The Search For Product-Market Fit by Harvard Business School: Product-market fit is the cornerstone of a successful startup. Here's how to approach it: 1) Experimentation is Key: Treat your startup as an experimentation machine. Test different customer value propositions, go-to-market strategies, and business models. 2) Focus on Customer Love: Aim to make 100 customers absolutely love your product before scaling. 3) Use Metrics Wisely: Track the right metrics to validate your assumptions and drive decisions. PS. check out 🔔 for a winning pitch deck the template created by Silicon Valley legend, Peter Thiel https://lnkd.in/ejp-Bhnu
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I used to think "startups are experiments" was just another Silicon Valley cliche. until I took that literally.. Imagine our startup as a high school chem lab: • Hypothesis: Our product will solve X problem for Y market • Materials: A team, some funding, and a whole lot of coffee • Procedure: Build, measure, learn (rinse & repeat) • Observations: User feedback, What worked? What didn't?, metrics, market response • Conclusion: Pivot or persevere? Most founders either lack the discipline to stick with the process or are too impatient, giving up halfway. The beauty is, unlike high school, there's no failing grade - only lessons learned. Every "failed" experiment brings us closer to product-market fit. Thanks to Matthew John, for sharing this perspective.
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Recent research by Antler uncovers some compelling insights into the challenges of building a high-growth startup: • 📊 European countries have more Olympic medalists than tech unicorn founders. • 🌍 This pattern stands in stark contrast to other regions globally. • 🏆 A thought-provoking look into the level of commitment needed for these extraordinary accomplishments. • 💼 An in-depth analysis of the unique dynamics within the startup ecosystem. Explore this intriguing comparison and its implications for both aspiring entrepreneurs and athletes in the article linked below
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Founder of Lushious Beauty. Pursuing a Bachelor’s of Science in Marketing at Rohrer College of Business.
Earlier this summer I was accepted into the 2024 cohort of Rowan’s School of Innovation and Entrepreneurship’s AccelerateRU program! 💡 Midway through the program for the second time - given my participation last summer as well - I can say that the value I’m gaining once again as a startup founder is immense. Here are some key takeaways thus far: - Building a company and product that people want is more valuable than one may think. This can equate to a triple bottom line. Profit, People, Planet. - The validation for your idea comes from customer discovery. Although as a first time founder you may dismiss initial conversations you have with potential customers, it can serve as an important piece of data in pitches and the business plan. - Creating leverage and becoming valuable as a founder or company is an accumulation of multiple components. Whether that’s sharpening your edge in relationship building, or handling finances, they’re all building blocks in what makes your company unique. Finally, a huge thanks to Jessica Vattima for the opportunity to participate once again, and Jiah Pearson-Leary for the mentorship we’re being provided every week!
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Recent research by Antler uncovers some compelling insights into the challenges of building a high-growth startup: • 📊 European countries have more Olympic medalists than tech unicorn founders. • 🌍 This pattern stands in stark contrast to other regions globally. • 🏆 A thought-provoking look into the level of commitment needed for these extraordinary accomplishments. • 💼 An in-depth analysis of the unique dynamics within the startup ecosystem. Explore this intriguing comparison and its implications for both aspiring entrepreneurs and athletes in the article linked below
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Business school: write a 60-page plan on the startup you want to build. Real world: please explain your startup to me in 60 seconds or less.
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2 week count down until the kickoff of Boulder Startup Week. Click the link in comments to learn more about @boulderstartupweek and sign up for the session. #BoulderStartupWeek
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#Pitching 🗣 is a critical skill to have for many reasons such as communicating value, attracting investors, building relationships, and more. While it doesn't happen overnight, possessing this skill will become increasingly important as your startup grows. Practice makes perfect! At the Purdue Innovates Incubator, our team of professionals is eager to help hone your pitch. Take advantage of programs such as Firestarter and the Moonshot Pitch Challenge to help refine and perfect your presentation skills. Learn more 👉 https://ow.ly/u44X50QK5aR #Purdue #PurdueInnovates #HowToSpeakStartup
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Join me for a FREE Masterclass on Idea Validation 'From Concept to Confirmation: Mastering Idea Validation' 🗓️ Date: March 14th, 2024 (Thursday) 🕰️ Time: 7 pm to 8.30 pm 📍 Location: Google Meet Remember, it's *FREE to attend Masterclass*! 🎉 *Interested?* RSVP here: https://lnkd.in/dNE5HVWR Discover how to effectively validate your startup idea using essential steps and tools. Reserve your spot now and take the first step towards turning your startup dream into reality. Let's build the future together! #masterclass #freemasterclass #ideavalidation #startupsuccess #startupjourney
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