The Seed Accelerator Rankings Project released their 2015 list of the Top 20 Startup Accelerators based in the US. A few days after the release, the research team’s co-director, Susan Lee Cohen, tweeted a link to this MIT Press Journal paper. Entitled: ‘What Accelerators Do? Insights From Incubators and Angels,’ I found it to be an insightful and comprehensive definition of accelerators, incubators and angel investors.
JFDI.Asia operates the longest-running, most successful seed accelerator program in South East Asia. We are now looking for innovative startup teams to join us for our next flagship 100-day Accelerate program beginning in late June or early July 2015.
Timmy De Jesus today is doing exactly what she wants: filling a role that combines technology, management, and entrepreneurship altogether. As JFDI Asia’s Philippine country manager, the petite, smiley-faced, 26-year old Cebuana stands in the company’s expanding community.
Adrian Tan used to spend his days teaching kids what he knows about technology and researching new cool things to tell them. Then came a milestone – fatherhood. It wasn’t enough for this former teacher to document special moments by taking pictures. Those photographs, increasing by dozens each week, were stagnating in his phone. He thought about building a safe and secure platform that makes sharing and uploading pictures seamless.
Many first time founders may experience bouts of depression during the developmental stages of their businesses - otherwise known as founder’s depression.
Everyday, Kai Huang opens his laptops and digs through dozens of queries and operational tasks as JDFI’s Program Manager. The 34-year old Taiwanese born Singaporean uses the metaphor coach to describe his work. “I handle JFDI’s Discover and Accelerate Program,” he says.
A simple search with keywords “qualities of successful entrepreneurs” will give you over 660,000 hits. There are more than enough self-help books and videos out there that endorse certain qualities of sucessful entrepreneurs.
Society applauds passionate, singular, self-starting, forward-thinking, and confident risk-takers that entrepreneurs are. But sometimes, these qualities can backfire too. Here are some examples:
Out of every 95 startups, only five succeed. Meng, our JFDI Chairman and Social Engineer, covered this phenomenon in our webinar “Funding With The Frogs."
The startup world is full of high-energy, intelligent, hacker-type personalities. All of these traits, if fuelled by an idea, result in seemingly unstoppable missions.
But not so fast. According to Meng, here are five common reasons startups fail:
It’s easy to assume that just because a startup worked in America, it would work in Asia too. Why wouldn’t it? Don’t we all need assistants? If so, why did the TaskRabbit clones in Singapore fail?
JFDI Discover is a 21-day online course that runs every month. Discover teaches founders how to apply and get results from powerful startup tools such as the Lean Canvas, Pirate Metrics and OKR (Objectives & Key Results).
We spoke to Richard Moh, co-founder of Rebaem.com - a SaaS startup based in Kuala Lumpur, Malaysia. The team took part in the February Discover program and share what they learnt in the 21 days.