Why reinvent the wheel? Startups are complicated and each is unique but innovators from every end of the startup building spectrum have developed tools to make launching and growing a venture easier than ever before. These platforms range from helping with market research to helping find an investor. By using these tools, you can drastically reduce the time it takes to validate an idea, launch an MVP, and scale your startup!
Here is a ready-made list of my hand-selected tools to help on your startup journey from end to end.
Finding an idea may not seem like the hard part but it is the most critical component of launching a startup. Use these tools to help develop your thesis and see what consumers all over the world are looking for. …
What product or service do you want that doesn’t exist yet?
This is the quintessential question to answer when thinking of launching a startup venture. The advice is often given that entrepreneurs need to “start with the problem” before coming up with a solution and, while this is sound advice, it often leaves entrepreneurs wondering which problem to solve. From preventing the next pandemic to paying bills, there are endless problems that could be solved.
The question is, what problem is the right one for you to solve?
What action items have been on your To-Do list all week? Perhaps “buy dog food” is on there or maybe “cancel YouTube TV subscription” is long overdue. There are entire businesses that have been created to get these things off your to-do list (Chewy.com for the dog food and TruBill.com for subscription monitoring and canceling). Take the time to go through your to-do list and think of ventures that could be created to get these items off your list. …
A Startup Studio (also referred to as a Venture Builder) is an organization that builds startups.
Unlike accelerators, Studios don’t run “programs” with cohorts and timelines (a typical accelerator runs for a 3-month period with a cohort of ~50 culminating in a demo day).
The difference between an incubator and a Studio is the hands-on work that Studio teams put into ventures rather than just providing startup capital and other more tangible assets.
Essentially, a Studio acts as an investing co-founder to your startup.
The Studio team will help you from day 1 all the way up through raising your seed round of funding. Besides investment, Studios provide human capital, expansive networks, and resources like technology and proven methodology that make building startup ventures easier and faster. …