Where is it held and What time?
We normally hold the sessions at MS Accelerator for Bangalore Chapter, but we change the location other accelerators. Other chapters also change the cohort location. The session by default is at 10 AM on a sunday.
Is it mandatory to attend all 6 weekend sessions ?
We highly recommend it. Remember it is a gym, the more you attend the better it is for you.
How much does it cost ?
The cost is INR 5000. The fee is towards 6 weeks of tasks and sessions. Once you are done with regular classwork, you are free to attend the regular weekly sessions. If you cant afford or you are a student do mention in the comments section of the form and we can figure something out. We are a volunteer led organization and non-profit. The fee will be used to set up chapters in various parts.
Can I join remotely via skype or hangout?
Right now we don't have online sessions. The bootcamp is designed as a cohort/tribe, so it is highly encouraged to join in person.
I am not a beginner but midway through my startup, can I attend ?
Yes. While the bootcamp is oriented towards novices, the content is relevant for all and we have had even serial entrepreneurs in some batches. If you are an expert entrepreneur we may volunteer you to be an anchor 🙂
How can I start a chapter in my neighbourhood ?
Start by becoming a graduate first. Also, check with one of us about Train the Anchor model if you are an expert enterpreneur.
Can you hold a dedicated session for my company/organization?
Yes, we do offer paid dedicated sessions for closed groups. Please contact us on the contact form or linkedin.
Are you an incubator ?
No we aren't an incubator. This is self-help model for enterpreneurs.
Do you encourage bootstrapping way ?
No. The bootcamp is about self discovery, based on their means we encourage them to choose the right path such as VC funded, angel investment, bootstrapping etc
What is difference between lean v/s effectuation?
"Clear recipe of going from an idea to success is the elixir most first time entrepreneurs try to seek. Two approaches that are widely known Lean Startup & Effectuation Lean startup - this approach asks to start with articulating an end goal of the idea calling it as vision, asks to list down steps that can lead to this and treat those steps as assumptions/risks and suggests to create experiments called MVPs to validate them. If some assumptions lead to a dead end then adjustments are suggested called as pivots and thereafter repeat the same process. Effectuation on other hand focuses on the ability of what an individual can make happen himself through whom he knows and subsequently extend through committed partnerships, thereafter suggest to take little bets that he can afford to lose. Here the starting idea or the initial imagined vision play less significant role. Key difference between the two is in the mindset - lean startup is causal (goal directed) and effectuation being effectual (exploratory from starting abilities and network). The two approaches also differ in how risk in a business is defined and addressed, validation and reduction of risks in lean startup while elimination of risks by avoiding unmanageable risks in the very first place in effectuation. Lean takes the world-view that the world is fixed and our assumptions about it need to be discovered through experimentation, and once we know the truth, we can confidently go ahead and build our startup. Effectuation takes the view that the future of the world is malleable, and is created by groups of people doing things together, and provides heuristics that help the group create quicker and with less downside.
I don't have an idea, Is it ok for me to apply ?
Yes. Early stage ideas change constantly so it is all right. But some exercises are easier to execute with an idea.