For many entrepreneurs in the tech space, being part of something larger has helped them get their businesses off the ground more quickly and smoothly. Personally I love how accelerators helps fostering rapid growth through mentoring, connections and access to technology, making it easier for startups to achieve their goals.Our accelerator of the week guarantees clarity, validation, industry contacts, mentorship, foresight, investment readiness and an effective sales strategy. What else could a startup ask for?
We are pleased to bring you Accelerator of the Week #13: Little Tokyo Two
In just one sentence, what is your accelerator called and what do you do?
Little Tokyo Two’s business accelerator is called the Catapult Cooperative. The program is a two month intensive that is complimented by a six month full-time LT2 co-working membership and is delivered by LT2 and Business Models Inc.
What makes your program different or unique? And related, what’s your primary value-add?
You are given the most reputable and effective planning and implementation plan via BMINC – while at the same time being immersed in the mentorship and industry contacts that LT2 offers.
“A Business Catapult course that adds double the value at a third of the price."
By finishing our program and implementation, LT2 and BMINC can guarantee: clarity, validation, industry contacts, mentorship, foresight, investment readiness and an effective sales strategy.
What do you love the most about working with startups?
I am in my second start-up, I LOVE the energy, the optimism and the openness to the future. Working with someone(s) in a startup is an incredible opportunity because in todays world anyone can make anything happen.
What is the hardest or most surprising part of working with startups?
The hardest part is convincing them what they need to become successful. It is often hard for startups to justify to themselves the cost of accelerated learning – they should be thinking, rather, the cost of NOT accelerating their learning.
Do you have a success story to share? Who are the most notable or interesting companies to go through your program?
Through LT2’s facilitation and opportunities – we have had:
- Apical social – A brand new PR agency who have picked up multiple large clients in their first month
- The Perch Project – Launched a sophisticated hospitality direct advertising application with over 40 venues
- Your solar quotes – Picked up their largest contract to-date and outgrew our offices
- Roundabout – Launched a local tourism and venue app, which is blowing up
- Panoptic press – Launched an avant-garde Art journal with an event at LT2, which was the most recognised event this year.
Plus, literally 100’s of business referrals for our sole-preneurs.
How, if in any way, has Foundersuite helped your companies?
We actually made a deal with Foundersuite recently – and are about to run a workshop on its benefits. Personally I have not used it just yet, but we have consultants and start-ups here that are using this awesome platform.
Finally, what is your best tip for running a startup?
Recognise your strengths and weaknesses, find others that can concentrate on where you aren’t strong – you can’t do everything yourself, forever.