The idea of participating in MassChallenge as a startup finalist is truly enticing one. What budding entrepreneur building a company wouldn't want access to free office space, over 800 mentors, a curriculum built for their needs, and a chance to win part of a $1.5 million cash grant -- all with no equity taken? That dream is only an application away...an application that is also submitted by over 1,500 other startup companies looking to realize that same dream.
I remember talking with an entrepreneur who came through the accelerator I was involved with previously. Of all the things that this entrepreneur remembered and valued from his time at our accelerator, it was that when he was feeling down or stressed, I would be there with some encouraging words and, crucially, a hug.
What was it like to receive the notification about being Top 26?
Realizing that we had been selected as a final 26 team was unbelievably rewarding. It really gave us the feeling of satisfaction, but also while it was a great reward after a summer of hard work, it wasn’t long before we realized we had to get right back to putting our heads down with work and continuing to accelerate down the path to achieving our lofty goals! - Dean Travers, Luminopia
The most famous growth hack used in sports was by Sir David Brailsford, who became the performance director of British Cycling in 2003. Brailsford used the concept known as marginal gains - making small improvements that add up to major improvements when added together - to improve the performance of the team. In Brailsford’s case, he set out to improve every area of the British cycling team by 1%.