{"id":769,"date":"2020-04-01T03:20:58","date_gmt":"2020-04-01T03:20:58","guid":{"rendered":"https:\/\/newsbites.hktdc.com\/?p=769"},"modified":"2021-01-22T10:00:37","modified_gmt":"2021-01-22T02:00:37","slug":"unleash-your-start-ups-potential-with-an-accelerator","status":"publish","type":"post","link":"https:\/\/newsbites.hktdc.com\/tips\/unleash-your-start-ups-potential-with-an-accelerator\/","title":{"rendered":"Unleash Your Start-Up\u2019s Potential With An Accelerator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"769\" class=\"elementor elementor-769\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-24c082b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"24c082b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28048e0\" data-id=\"28048e0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d24b8a elementor-widget elementor-widget-text-editor\" data-id=\"5d24b8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">For every successful start-up, many others are forgotten \u2013 perhaps they just weren\u2019t innovative enough, or there wasn\u2019t enough demand for their products \/ services. If you come up with a brilliant start-up idea, what can you do to ensure that it doesn\u2019t slip through the cracks? Paul Orlando, a renowned incubator director and Adjunct Professor of Entrepreneurial Studies at the University of Southern California, believes <a style=\"color: #000000;\" href=\"https:\/\/hkstartupsociety.hktdc.com\/en\/perspectives\/fast-track-your-startup-growth-through-accelerator\">accelerators could provide the missing link<\/a> \u2013 here\u2019s why:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c9ab677 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c9ab677\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-48a74bb\" data-id=\"48a74bb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b54253 elementor-widget elementor-widget-heading\" data-id=\"1b54253\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. Validation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70e7484 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70e7484\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7fdc1a2\" data-id=\"7fdc1a2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bb8602 elementor-widget elementor-widget-text-editor\" data-id=\"1bb8602\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">\u201cAn idea is only feasible, and often times, fundable by investors if they sense a demand from consumers,\u201d he explains. \u201cIdentifying that viability is what I see as the biggest benefit a start-up founder or co-founder can gain from being part of an accelerator \u2013 especially in a city like Hong Kong.\u201d<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-731fbe2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"731fbe2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-59648c6\" data-id=\"59648c6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9038ff7 elementor-widget elementor-widget-heading\" data-id=\"9038ff7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Refining strategy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4cbb510 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4cbb510\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28783fe\" data-id=\"28783fe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-46e2804 elementor-widget elementor-widget-text-editor\" data-id=\"46e2804\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Although it may be easy for a new start-up to emulate the ideas or business model of a successful enterprise, accelerators can quickly determine whether such plans are applicable domestically. If not, they provide guidance on the necessary tweaks to become viable.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bfb447a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bfb447a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a89b38a\" data-id=\"a89b38a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-016ab02 elementor-widget elementor-widget-heading\" data-id=\"016ab02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. A unique perspective<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17bbf36e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17bbf36e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a237640\" data-id=\"a237640\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6372dc4c elementor-widget elementor-widget-text-editor\" data-id=\"6372dc4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><\/span><\/p>\n<p><span style=\"color: #000000;\"><\/span><\/p>\n<p><span style=\"color: #000000;\">As a start-up, it\u2019s easy to become blindsided by an idea and fail to account for flaws that might have been obvious to a more experienced business. Mr. Orlando argues that by working with an accelerator, you receive \u201ca fresh set of eyes and a proven and unique perspective.\u201d<\/span><\/p>\n<p><span style=\"color: #000000;\"><\/span><\/p>\n<p><span style=\"color: #000000;\">An accelerator does not necessarily guarantee success for your enterprise, but it does cull unnecessary risk. Check out HKTDC\u2019s <a style=\"color: #000000;\" href=\"https:\/\/hkstartupsociety.hktdc.com\/en\/resources\">HK Start-up Society<\/a> to see how an incubation scheme or an accelerator could help bring your business idea to life!<\/span><\/p>\n<p><span style=\"color: #000000;\"><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc9a50c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc9a50c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66324f5\" data-id=\"66324f5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cb2472c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"cb2472c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e9ae90 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e9ae90\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-112dfa7\" data-id=\"112dfa7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a60ab5d elementor-widget elementor-widget-text-editor\" data-id=\"a60ab5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><img decoding=\"async\" class=\"alignnone wp-image-296\" src=\"https:\/\/newsbites.hktdc.com\/wp-content\/uploads\/2020\/03\/icon-share-yt.svg\" alt=\"HKTDC sourcing\" width=\"33\" height=\"33\" \/> Check out the COVID-19 Survival Guide For Start-Ups:<br \/><\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/newsbites.hktdc.com\/covid-19-survival-guide-for-start-ups-rule-1-must-do-more-to-raise-funds\/\" target=\"_blank\" rel=\"noopener\"><strong>Do more to raise funds<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/newsbites.hktdc.com\/covid-19-survival-guide-for-start-ups-keep-core-business-running\/\" target=\"_blank\" rel=\"noopener\"><strong>Keep core business running<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/newsbites.hktdc.com\/covid-19-survival-guide-for-start-ups-rule-3-get-as-much-help-as-you-can\/\" target=\"_blank\" rel=\"noopener\"><strong>Get as much help as you can<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/newsbites.hktdc.com\/covid-19-survival-guide-for-start-ups-be-ready-for-a-post-pandemic-world\/\" target=\"_blank\" rel=\"noopener\">Be ready for a post-pandemic world<\/a><\/strong><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>For every successful start-up, many others are forgotten \u2013 perhaps they just weren\u2019t innovative enough, or there wasn\u2019t enough demand for their products \/ services. &hellip; <\/p>\n","protected":false},"author":2,"featured_media":4775,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[23,44,26],"class_list":["post-769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips","tag-entrepreneur","tag-hongkongstartup","tag-startup"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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