Answers To Frequently Asked Questions About Accelerators

As I’ve written about extensively, there is a very real knowledge gap on both sides of the early stage start-up game. First-time entrepreneurs lack the seasoning to steer through turbulent waters. Inexperienced friends and family (and, increasingly, crowdsourced investors) lack the ability to gauge the viability of a business, or to mentor na?ve entrepreneurs. I’ve come to believe that this knowledge gap is best filled by savvy accelerators. However, there are over 7,500 business accelerators/incubators around the world, and most of them fail.

Here are several 30-second videos answering the most common questions I’m asked about accelerators that can help you navigate and make informed decisions.

Why Join a Non-equity Based Accelerator?      

Can an Entrepreneur Enroll into an Accelerator While Being Employed Full Time?

What Should Accelerators Provide for Startups?         

Are 3-month Accelerator Programs Too Short?           

Do Virtual Startup Accelerators Work?   

Silicon Valley Accelerator On Your Cell Phone?          

Virtual Accelerator Advantages?  

Why is it Important for Entrepreneurs to Work with Incubators and Accelerators That Do Not Take Equity?   

Can an Entrepreneur Enroll into an Accelerator While Being Employed Full Time?

Looking For Some Hands-On Advice?

For entrepreneurs who want to discuss their specific businesses with me, I’m very happy to assess your situation during my free online 1M/1M Roundtables, held almost every Thursday. You can also check out my free Bootstrapping course on Lynda.com here, and follow my writings here.

Photo credit: Karen/Flickr.com.