1. Quick ‘Bite-Size’ Content Will Convert the Best
(3 minute read)
Forbes recently created their second annual list of the "Next Billion-Dollar Startups".
This is a list of 25 companies who are transforming their industries and showing great traction.
After finalizing the list, Forbes interviewed the founders and CEOs of each company, who they gave their top tips on what they've learned building a startup.
Here are 13 of the best tips.
As an entrepreneur, building your startup team can be a challenging process.
What type of people should you hire? Should you hire full time or part time? How should you structure their working hours?
Answering these questions can be difficult, especially for first time founders.
Here are three top tips to help you.
Getting into a startup accelerator is an opportunity which you certainly don’t want to waste.
But how do you make the most out of the experience?
Ideally, you want to get advice beforehand from both sides of the table.
From those who have successfully graduated from programmes and from those who have managed accelerators, and seen first-hand the mistakes many startups have made.
Here are 3 top tips from Alex Iskold, the Managing Director of Techstars in NYC and AJ Agrawal, CEO of Alumnify, who graduated from 500 Startups.
When speaking to potential applicants for Betatron, one of the most common questions I get asked is, "Can you give me some tips to get my application accepted?".
Here are eight tips, suggested by successful startup accelerators around the world. If you remember to follow them, you'll have a much higher chance of getting your application accepted.
#1. Focus on a single value proposition
When talking about their products, startups are often tempted to present it as a swiss knife made to solve multiple problems.
As entrepreneurs, we're always looking for ways to reduce costs, de-stress, and connect with like-minded people. So there's no better way of attracting startup founders to an event, than offering free beer and pizza!
WeWork were the perfect hosts, as it was an ideal evening to show everyone where our first batch of startups will be based, for our accelerator program launching in early 2017.
After hosting several information sessions over the past month, sharing startup stories and hosting investor Q&A panel discussions, this drinks and networking night gave people an opportunity to have an informal chat and pitch their business ideas to our team of partners and mentors.
If you haven’t already raised a large amount of funding or you're not generating consistent cash flow, joining a startup incubator or accelerator could be the perfect option to help you grow your business.
But what are the differences between the two? Which one should you join? These are very common questions which we hear all the time, so we thought we'd explain this further.
The Betatron roadshow hit ‘The Wave’, a huge co-working space in Kwun Tong, last night on Tuesday 8th November. Kwun Tong is growing a startup hub and was one of the locations we knew we had to reach.
Jacky Lai was our guest entrepreneur speaker this week and we were all excited to hear his unique story, as he’s been through some extreme highs and lows during his journey.
In 2009, which he was still at University in the U.S, he founded Wavee. It was a ‘penny auction’ site which he grew to serve nearly 1 million customers. Not only did he manage to acquire customers, but he also managed to monetize them too, and generated an impressive annual revenue of US$40 million. Great work for a business he started from his college dorm room!
Unfortunately, though, the explosive growth didn’t last very long, as the U.S government got involved and enforced industry regulations which hit the business hard.
At this point, Jacky knew it was time to transition to something else, as the industry didn’t have the same growth potential. So he sold the business and decided to come back to his native Hong Kong to plan his next move.
His latest venture is Switchbox (switchboxhq.com), which is also known as 同道 in Chinese. It’s a mobile marketing automation company that empowers businesses to build better relationships with their customers through personalized engagements at scale.
The business is currently experiencing great traction and has been through the China Accelerator program as well as having several angel and VC investment rounds.
On Thursday 3rd November, we held our latest roadshow event at CoCoon. CoCoon Ignite Ventures are one of Betatron’s founding partners, so it was a great honour to hold the event in their impressive coworking space in Causeway Bay.
We like to start our events with a local Hong Kong entrepreneur sharing their startup journey to the audience, showing that building a successful company in HK is possible and can be achieved.
“I slept in my office for several months”
Who is Takeshi Hui?
Takeshi is a 35 years young, serial entrepreneur who specialises in building community based services. He is matured in interdisciplinary computing and art fields, and knows how to design and code. His earlier success was an on-demand music distribution service in Japan back in 1997. He is a father of two, and he loves to help to fellow startup founders.
What's his expertise and what value will he be adding to the startups?
Whether you are building a product from 0-1 or 1-100, Takeshi can give you guidance on the right startup strategies. His skill-sets are focused around product development, operations, and marketing, and can provide practical hands-on guidance.
What interesting projects is he working on at the moment?
He is currently building and consulting several startups, including an HR Technology project Smartcasual which helps companies hire passionate talents through their social graph, and Hairrrr an innovative social hair stylists discovery service. He is also involved in various consulting roles for known startups like Grana and Hirely Asia.
Do you want to be mentored by Takeshi? Click here to apply to Betatron!