The Concept
INTRODUCING THE STARTUP STUDIO
A lean and agile company that excels at building startups
A startup studio is equipped with everything required to create tech-startups and foster their growth. Studios provide engineers, designers, financial expertise, marketing, access to existing partner networks, mentoring, and a dynamic and flexible atmosphere to help create as many profitable businesses as possible.
Unlike traditional incubators, accelerators, or VC firms, a startup studio focuses on providing entrepreneurs the experienced human capital and necessary financial capital to launch an idea off the ground and on the path of being a successful startup.
REDUCED RISK
HIGHER RETURNS
LESS TIME
WHY IS THIS NECESSARY?
Creating a successful startup is hard
According to failory.com, more than 90% of startups fail. The failure rate increases from 20% after the first year to more than 50% by year five. Startups fail for numerous reasons including: lack of product market fit, poor marketing, team problems, financial issues, tech breakdowns, operational issues, and even legal trouble.
Startup studios increase success by working with entrepreneurs to vet ideas, test and get feedback on the products using trusted partner networks, assisting in identifying and interviewing good team members, leveraging in-house technical experience to overcome technical challenges, and working with legal partners to reduce potential legal pitfalls.
>90%
of startups fail
SUPPORT LANDSCAPE
Angels, Accelerators, Incubators, VC, and Studios
Angel Investors
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a startup, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to startups at the initial moments (where risks of the startups failing are relatively high) and when most investors are not prepared to back them.
Accelerators
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive.
Incubators
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a full-scale range of services starting with management training and office space and ending with venture capital financing. Unlike a startup studio, business incubators do not typically provide staff or work directly on your company.
Venture Capital
Venture capital (VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc.). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or debt or both.
Startup Studio
A startup studio, also known as a startup factory, or a startup foundry, or a venture studio, is a studio-like company that aims at building several companies in succession. This style of business building is referred to as "parallel entrepreneurship".
Summary...
STARTUP STUDIO SUPPORT
Reduce. Reuse. Recycle.
Technology
- Social Authentication
- Incorporating Multi-factor
- Establishing CI/CD Pipelines
- Setting up CDN
- Load Balancing Strategies
- Common Database Schemas
- API Design / Reviews
- Maintainable Code Structure
- Simplifying CRUD Functions
- Use Existing App Scaffolding
- Payment Processing
- Incorporating KPI Monitoring
- App Email Integration
- Client On-boarding Strategies
- Health / Status Dashboards
- Product UI/UX Patterns
- High Availability
- Automated Help Desk
- I.T. Deployments
- Secure Software Development
- Logging Best Practices
- System Architecture Design
Sales
- Partner / Client Network Access
- CRM Access / Training
Finance
- P&L Templates
- Building/Reviewing Budgets
- Accounting Assistance
- Auditing Support
- Establishing Bank Accounts
Marketing
- Brand Building
- Public Relations
- Digital Outreach Strategy
- Partner Network Access
- Advertising
HR
- HR Handbooks
- Recruiting / Interviewing
- Standard Documents
Legal
- Company Formation
- Patent Assistance
- Trademark Submission
STARTUP STUDIO COMPARISONS
Startup Studio vs. Traditional Startup
According to the Global Startup Studio Network (GSSN), 72 percent of studio-born companies reach the series A stage. When compared to the conventional method of establishing startups, the chances of a studio-born startup's eventual viability are increased by a factor of 30%. The average internal rate of return (IRR) for studio-born startups is 53 percent, which is significantly higher than the average IRR for traditionally VC-funded startups, which is only 21 percent. Studio-born businesses can launch, scale, and eventually achieve an exit in around half the time that it takes traditional startups to accomplish the same goals.
