We know that people’s most basic abilities – and their businesses – can be developed through dedication, learning, and hard work. Volunteers and young entrepreneurs should share this mindset.
LEAN & SCRAPPY ENTREPRENEURSHIP
We believe that the best way to launch a business is to test the business idea quickly, reliably and repeatedly – the Lean Startup approach. We believe in bootstrapping a business, using resources you already have or can easily get without spending too much money or taking on too much risk.
We believe that focus on a single idea at a time is vital. If an entrepreneur can first learn how to successfully build one business, then they can apply that learning to other ideas more easily in the future.
We believe that when launching a new business, an entrepreneur’s best teacher is their customer. To learn from their customer, we encourage entrepreneurs to spend 40% of their time trying to sell their product or service, and the other 40% of their time making their product or service better. We also encourage them to spend roughly 20% of their time getting feedback from their mentor & advisors.