13 Lessons from My Techstars Journey: A Guide for Entrepreneurs

13 Lessons from My Techstars Journey: A Guide for Entrepreneurs

Let me share the 13 most powerful lessons I learned, one for each week in the program.

Week 1: Step Outside Your Comfort Zone

Day one began with pitching to many after a last-minute format change. I stepped on stage, I cried, and I found comfort in my new tribe of Techstars founders.?

Key points for you to note:

  • Be prepared for everything to shift in a day
  • Be ready to do the thing that scares you most
  • Find a village to support you as you do it
  • Think about one uncomfortable change you could make in your business today, and do it anyway

Week 2: Embrace Early Feedback

During 'Mentor Magic' (formerly Mentor Madness), I pitched to 62 mentors in 15-minute intervals. Each conversation shaped and refined our vision.

Key points for you to note:

  • Don't fear criticism, embrace it
  • Create a system for collecting and analysing feedback
  • Ask yourself: Are you avoiding feedback out of fear, or seeking it to grow?

Week 3: Master Customer Discovery

Even as someone who has guided clients through this process countless times, diving deep into understanding our ideal customer brought new insights.

Key points for you to note:

  • Regularly interview your customers about their pain points, desires, and habits
  • Use this intelligence to shape both your product and messaging
  • Your customer holds the blueprint to your next breakthrough

Week 4: Embrace Agile Development

Despite my corporate background in agile methodologies, starting fresh with Understanding Zoe reinforced crucial principles.

Key points for you to note:

  • Break projects into two-week sprints
  • Use tools like Trello, Notion, or Clickup to track progress
  • Start small, ship fast, and improve as you go
  • Remember: Perfection is the enemy of progress

Week 5: Build a Strong Team

Knowing the importance of team strength, I had already advertised for interns two days into the program. By week 5, we had four interns and a village of supporters helping with content marketing, branding, and PR.

Key points for you to note:

  • Focus on hiring for values, not just skills
  • Create a culture where feedback flows both ways
  • Regularly invest in your team's growth
  • Build your support network before you need it

Week 6: Craft Your Story

We learned how to tell stories that connect emotionally and drive action. Facts tell, but stories sell.

Key points for you to note:

  • Build your narrative around your 'why'
  • Practice telling your story in different formats
  • People don't just buy products, they buy stories
  • Test your story with different audiences

Week 7: Master Financial Discipline

This week, we got real about the numbers. Cash flow truly is the lifeblood of any business.

Key points for you to note:

  • Know your numbers like your favourite song lyrics
  • Build financial scenarios for different situations
  • Review your pricing and costs regularly
  • Create a financial buffer for unexpected challenges

Week 8: Optimise Marketing Strategies

We dove deep into finding the right marketing channels and optimising for impact.

Key points for you to note:

  • Test different channels, but focus on what delivers results
  • Create value-first content that builds trust
  • Consistency beats complexity
  • Track and measure your marketing efforts

Week 9: Excel at Sales Conversations

This week was all about the art of selling with empathy and integrity.

Key points for you to note:

  • Listen more than you speak during sales conversations
  • Focus on building relationships, not just closing deals
  • Ask powerful questions that uncover true needs
  • Follow up systematically and thoughtfully

Week 10: Strengthen Legal Foundations

Protecting your business is as important as growing it.

Key points for you to note:

  • Ensure your contracts are solid
  • Protect your intellectual property
  • Stay compliant with regulations
  • Seek professional help when needed

Week 11: Scale Operations

Scaling smart means creating systems that grow with you.

Key points for you to note:

  • Document your workflows
  • Automate repetitive tasks
  • Review processes regularly
  • Build for scale from the start

Week 12: Master Fundraising

This was about crafting the perfect pitch and building investor relationships.

Key points for you to note:

  • Tell a compelling story with your pitch
  • Know your numbers inside out
  • Build relationships before you need funding
  • Be clear about your vision and milestones

Week 13: Shine on Demo Day

The culmination of everything we'd worked on, Demo Day was about showing up and inspiring belief.

Key points for you to note:

  • Practice until your pitch feels effortless
  • Balance emotion with logic
  • Show both vision and metrics
  • Connect with your audience authentically

Remember, every day in your business is a chance to grow, learn, and create more impact. Which of these lessons resonates most with you?

Salli Cohen

Policy expert@The Policy Room | Helping people, teams & organisations develop, implement & evaluate policy | Evidence-informed policy driven expert | Author: Rollercoaster. How to be a bloody good policy officer

1 个月

Your generosity knows no bounds Laetitia Andrac ???? ?? - thank you!

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Marion Mays

Founder of money strong Australia, architect of financial educational content, author, speaker, Certified Money Coach & Mentor. I mentor Women to change their entire reality /results with Money in 90 days.

2 个月

7 and 10 were my fav!!! A valuable share for those about to dive into the unknown

Charlotte Connell

Climate Tech and Nature | Global Top 20 Women in Climate Tech | LinkedIn Top Green Voice

2 个月

What I love about you, no matter how far you go, you take everyone on the journey and show them how :)

Love this! Thanks for sharing ??

Shihab Uddin Chowdhury

CPO at Metarouge | Software Engineer | Project Management

2 个月

Laetitia Andrac ???? ?? your pitch was the one to remember ??

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