Start-ups should focus on acceleration rather than incubation to avoid stagnation, according to a TechCrunch report. The report suggests that start-ups are often too reliant on incubation, which can lead to a lack of momentum and stifle innovation. Instead, it recommends that start-ups should seek acceleration, which is described as a more dynamic and proactive approach towards development and growth. This involves rapid testing, learning, and iterating, as well as seeking out new opportunities and challenges. The report cites examples of successful companies that have used this approach, such as Airbnb and Dropbox. It also highlights the role of accelerators in providing start-ups with valuable resources, such as mentorship, funding, and networking opportunities. The report concludes by emphasising the importance of a culture of acceleration for fostering innovation and driving growth in start-ups.
Go to source article: http://techcrunch.com/2014/03/15/avoid-stagnation-why-acceleration-trumps-incubation/?ncid=twittersocialshare