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The Concierge stage is about delivering the product promised in The Pitch, to a few customers with as little technology as possible. The reason you want to start with a small customer base & minimumviableproduct is so you can work with those customers to create an experience they’re truly excited about.
Office space, administrative and legal support, business planning, prototyping, and product development. Seed funding, mentorship from industry experts, and networking. Do you have a minimumviableproduct (MVP)? Relationships and networking. What kind of community and network can each accelerator offer you?
It's the earliest stage of funding a company, and it usually involves an investment from the founder's personal savings, family, friends, supporters, or network of other founders. Plenty of options exist for financing your startup through loans. Here, founders receive mentorship, funding, and networking connections.
Seed: This is the initial stage of funding, and is generally used to employ the founding team and begin market research and product development. The company is past the MVP (minimumviableproduct) and is showing initial signs of success. execs/board members/investors), then contact the company for product demo(s).
Luckily, there are all sorts of things you can do invite luck: Lucky people network. In the long run, it’s better to focus on developing a minimumviableproduct , launching, and optimizing based on feedback, rather than trying to get it right the first time with an untested idea of a “perfect” product.
A top motivating factor for most people — especially those in finance, insurance, and construction — is money. When you own a small business, you control your finances and your destiny. Test demand with a minimumviableproduct: Create a simplified version of your product or service to test its performance in the real market.
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