Incubators and Accelerators: It’s a butchery of startups

Startup incubators don't promise that your startup will be successful when you leave the program after whatever time – in spite of the fact that the big profile programs do allude to success through affiliation. Still, when founders talk about incubators, the discussion concentrates on which incubator programs they should apply for. Rather, founders need to genuinely weigh if participating in an incubator program is a good fit by any stretch of the imagination.

DropBox, AirBnB and Quora – every one of these companies experienced a startup accelerator program. Taking a gander at such success stories, more and more startups are searching for access to these programs, particularly the big ones like 500 Startups, Y Combinator and Tech Stars.

Yet, applying for an accelerator program is a major choice for any startup; and there are some unmistakable upsides and downsides. Obviously, you must have built a product and it helps if you've ventured in the market to get traction or product/market fit for it.

The question here is........

"It is very common that numerous founders drop out of school to concentrate on building their startups full time – then why are we sending them back as accelerators and incubators?"

Incubators are like birthing classes. They take up a great deal of time before doing the actual work, and after that when the real thing comes; all of your classes do you no good on the grounds that the baby is coming one way or another. The baby couldn't care less if you planned on an immaculate water birth on the late spring solstice, sometimes an emergency C-section will have to do.

The Equity Saga

Most startup accelerators give seed money in exchange to equity in your startup.

As an entrepreneur, you may worry about this clause. Imagine a scenario in which an accelerator takes an excessive amount of equity and it gets to be troublesome for you to raise another round later.

Well....

In the event that worldwide development through entrepreneurship is the objective and startup support programs, as the name proposes, need to encourage this through the most ideal support, its key is that they continue emphasizing on option models to discover product-market fit in their local ecosystems. Tech ecosystems over the globe are diverse to the point, that startups confront altogether different difficulties and are outfitted with shifting ability sets and information levels from the offset.

Go do the real work. It is difficult. It is not fun. It requires more investment and effort than what individuals do inside an incubator. Go hustle because if you don't you'll wind up flushing your million dollar idea.