STARTUPS: A fair few travel-related businesses have gone through so-called startup accelerator projects over the years, such as the TechStars and Y-Combinator schemes. But what REALLY happens behind the scenes and, beyond the publicity-angle, is it really worth it? Read more on Forbes.
Depending on who you listen to, the crash and burn rate for startups is anywhere from 50% to 90% within one to five years.
Because smart entrepreneurs know this, they seek help. Mentors, advisors, peer group entrepreneurs, business courses, masterminds and accelerators are a few options.
There are roughly 170 accelerators worldwide. Media darlings like 500 Startups, TechStars and Y Combinator churn out big successes and sometimes colossal failures — but rarely is there a peek behind closed doors of what an accelerator is and what it can do for your startup business.
Read more on Forbes
NB:Accelerator image via Shutterstock.