Incubators and accelerators can be useful to entrepreneurs who are looking to move their start-ups forward. In addition to mentorship and training, many food startup accelerators will offer funding. (Note that this funding is often…
Read More
Bootstrapping comes from the phrase “pull yourself up by your bootstraps.” While the term is also used with reference to computing and statistics, today’s post covers what bootstrapping means in a startup environment. To bootstrap…
I’m currently helping a friend launch her family’s business, Haven Mask. One of the things we’ve been talking about is the effectiveness of crowdfunding for startups as a combined funding and marketing strategy. Depending on…
Most startups are hard to build without some initial cash on hand. Consumer goods businesses, or those that have physical products and associated COGS (cost of good sold) that scale with the growth of the…
What is a Startup? A startup is a team that is best designed to launch—and then iterate upon—a minimum viable product, all in the in search of product-market-fit. If that sounds like a bunch of jargon, it is!…
Before you raise money to expand your food startup, you will probably want to bootstrap the company for as long as possible. That means finding customers, generating cash as soon as possible, and keeping overhead costs…
As someone who loves food, wants to change the world, and believes that start-ups and early stage financiers can help drive much-needed change in our food industry, I keep tabs on investors working in the…
Someone recently wrote in to inquire whether the ~6-9% equity stake that most accelerator programs take is worth it. Here’s how you might think about equity accelerator programs, whether you want to participate, and if you…