Being accepted to an accelerator can be a challenging feat. With hundreds of applicants vying for a spot in each cohort, the competition is steep and it can be hard to get noticed. With just 16 days left to apply to FounderFuel, it’s time to start thinking of how to set your startup apart from the others. However, when making your application memorable, make sure you stay away from these 7 common mistakes that startups make when applying to accelerators.
1. Building for Yourself Instead of a Market
2. Lack of Any Market Validation
3. One-Sided Competitive “Analysis”
4. No Route to Customers
5. Claiming False Competitive Advantages
6. Winging the 60-Second Pitch
7. Ignoring Your Faults
In the end, we’re looking for honest, solid applications from those that have developed a MVP and are ready to hustle during the program to find their product-market fit. Avoid these above mistakes, and your application will be sure to soar. Think you’re ready to put your startup to the test? APPLY TODAY and see if you have what it takes to be a part of FounderFuel!
Still curious as to how your startup will grow and develop during the program? Come check out Demo Day and see for yourself what the #FFMob is capable of.