Last week was our second week at AcceleratorHK and things are starting to fall into a good cadence. On Monday, we had our first of the weekly 1:1 meetings and Paul and I worked directly with the teams on the issues that they face. We also had two amazing mentors come in:
First was Salim Virani, the creator of Leancamp. He talked to us about Customer Development and took a lot of time out of his vacation time in HK to spend with the teams on how to ask the right Customer Discovery and Customer Validation questions.
Later in the week we had Mikaal Abdulla, co-founder of 8 Securities, a Hong Kong startup success story, come in and tell us the story of leaving a well paying secure job and going out and starting a new business in Hong Kong, along with the war stories of raising money and some secrets to their brilliant marketing campaigns.
On Friday we did our first Friday all-hands meeting and was able to have an update by each team on their progress, practice their elevator pitch (next week I am going to put some of them in an actual elevator to practice), and ask the cohort for any help. We also gave out some Telerik tee-shirts. We have a strict attendance policy, so one member had to phone in via Skype who was home sick. (Notice we gave him his tee-shirt anyway.)
On Friday night we went out for some beers after a long week at the Accelerator doing Customer Development. The teams are still focusing on Customer Discovery and Customer Validation and will be in Week 3 as well. Stay tuned…