An accelerator with revenue as its focus
On August 1, 2109 I’ll be in San Diego to judge the Demo Day/Pitch Competition for LIFT Enterprises which is backed by Founders First Capital Partners (where I serve as a board member).
This accelerator focusses on the key element that is essential for all small businesses: revenue. Companies not only diversify their revenue, possibly by adding other revenue streams but they focus on their unit economics which makes every dollar of revenue grow that much further.
Too many accelerators are focused on crafting pitches that have a lot of “sizzle” instead of helping entrepreneurs build viable businesses.
I’m glad to see LIFT do this and focus on underrepresented founders as well. These are the companies that are the backbone of our economy and fuel job growth.