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Startup Accelerators are programs that invest a small amount of capital into early-stage companies while providing programming and mentorship over a period of 3-6 months.

While startup accelerators have become wildly popular among early-stage startups, the answer to "What is an accelerator?" has morphed quite a bit over time. We hear about startup accelerators providing seed capital, mentorship with the business model, and ultimately introductions to venture capital at a "demo day" but how much of that is truly valuable?

Let's dig into what accelerator programs actually do, who they help, what benefits they provide, and what are some of the cons to joining them - and some new alternatives to the traditional startup accelerators.

What's the Bus...

If you’re involved in the startup world, you’ve probably heard the term “lean startup” thrown around. No, it’s not a new weight loss plan — although I wouldn’t doubt that there are health and fitness apps out there who have used lean startup methodology.

It’s a system for creating a business that was first introduced by entrepreneur Eric Ries in 2008 and then outlined in his 2011 book The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Business.

In our article 19 Startup Books Every Founder Should Read, Lauren Foundos, Founder & CEO, FORTË said the following:

David Hauser is the entrepreneur’s entrepreneur. As the Founder of two companies — Grasshopper and Chargify — that serve the needs of his fellow entrepreneurs, David has spent most of his adult life focused on creating great businesses that not only solve his community’s problems, but also provide a great living for him.

Grasshopper sells for $165M Cash and $8.6M in stocks to Citrix

If you’ve started a company in the last decade, you’ve probably heard of Grasshopper, a virtual phone system that turns existing cellphones into primary business numbers.

David and his co-Founder Siamak Taghaddos targeted startups when they launched Grasshopper because of how incredibly expensive business phone services were for budding entrepreneurs.

They knew ...

Series A startup funding is an important milestone for many early-stage startups. It is the first round of significant institutional funding, and it can provide the resources and support needed to take a startup to the next level.

In this article, we will explore what series A funding is, how it differs from other types of funding, and what startups can do to increase their chances of securing this crucial form of financing.

What is Series A Funding?

Series A funding is the first round of institutional funding that a startup receives after completing its seed funding round. It is typically sought by startups that have a proven product or service and are looking to accelerate their growth. Series A funding allows startups to build out their te...

Some entrepreneurs sail blissfully into the sunset after their first big payday. Others — like us — can’t imagine anything more boring. Instead, we thrive on constantly risking it all to build something out of nothing. This condition of serial entrepreneurship is what I call “one-and-not-done” syndrome. We know it will be hard, if not seemingly impossible, and there will be times when we will be overwhelmed with frustration. In spite of that, we know the journey is worth it.

If you’re this special breed of entrepreneur, I feel both sorry and happy for you. More than anything, I welcome you to the club.

There is a magic to what we do as entrepreneurs. We can create a thriving business almost out of nothing. Is there anything more magical tha...

I think it’s really important to have someone who can complement you and balance you, and we’ve definitely found that in each other.

It’s a good thing that there’s a lot of outdoor space next to Mike Koranda and Aaron May’s office, because their actual office is basically a closet.

“You don’t even want to know,” says Mike when I ask exactly how much square footage they have. “Twelve-by-five?” he estimates. “Six-by-ten?” Aaron offers.

So, yeah. It’s small.

Working in that close of quarters has its virtues, though. When you work, as Mike puts it, “literally on top of each other,” it’s hard not to check in with what the other person is doing.

And checking in is important for Mike and Aaron. A little over eighteen months ago, they co-founded a ...

Every Founder wishes they had more money, but we often don't realize what happens when we spend it.

There's this fascinating transition point that we go through as Founders where our problems start with income (because we always start with zero) and then quickly transition to debts (because someone always needs to be paid).

We put ourselves in this dangerous loop where instead of getting ahead on that next round of income, we actually dig ourselves deeper into a hole by adding exponentially more costs—and those costs aren't just financial.

We don't just grow income; we grow problems, and sometimes, way faster.

The Weight of Zeroes

When I was building my first startup with just a couple of college kids on payroll, I was terrified that I woul...

“It’s the same as having the proper form with lifting weights; if you don’t have the right form, you’re going to hurt yourself.”

–Joshua Davidson, Six Customer Service Principles To Abide By

Taking care of people. It’s a calling, an art. It’s a service. It can also be a way of life, company culture, and doing business. Joshua Davidson is somewhat of an evangelist on the topic of customer service, preaching the principles of outstanding customer service with the conviction of a man who has religion.

And his principles, the quality and clarity of his thinking – are all of the highest level. The same can be said for the questions posed to him during this Startup Live chat, as well as this discussion on customer service as a whole. Given the u...

You'll hear the terms “founder” and “co-founder or cofounder” thrown around a lot in Startup Land. But what, exactly, do they mean? What's the difference between the two? And how do you find a good one? It's not very easy to find cofounders that properly fill the business needs and help in the early stages of a startup. So, where do founders even start?

We'll answer the above questions and six more in this breakdown of everything you need to know about founders and co-founders in order to ensure your company's success.

1. What is a founder?

A founder is a person who comes up with an idea (hopefully a profitable idea) and then transforms it into a new business or startup. Founders can set up a business on their own, or they can do it with other...

When it comes to financing a startup, government grants for small businesses aren’t the first thing most founders look toward. And they shouldn’t be. While it’s great to get “free money” if you can, federal grants are only available for specific fields and specific uses — and they’re not easy to get.

However, if your startup does qualify for a government grant for small business, then they’re potentially a great source of funding that you don’t have to pay back.

But unlike other industries, startups have another source of funding that we don’t have to pay back, at least immediately: Venture Capital.

Venture capital is also hard to acquire and certainly comes with stipulations — including giving up equity in your startup — but it’s usually ...