If not, would you be willing to switch to FNB if sponsored on the 10X Accelerator by FNB?
You are a strong candidate if you’re a high calibre team, your business is innovative and has massive growth potential, has a lot of traction (no longer a start-up, has product-market fit, and a scalable business model), and is growing fast. But you also need to benefit from our help. *The businesses that derive most benefit from our Program tend to have between 15 and 100 employees, and are now experiencing the normal growing pains that come with growing a business around a successful product / service. In a nutshell, our 5 criteria for selection are:
1. Traction: no longer a start-up; >R10M revenue; >10 headcount; proven product-market fit, and scalable business model 2. Team: Founder-led business; team of 3 or more senior leaders; impressive track records; complimentary skills 3. 10X-able: Chasing a big opportunity with an innovative offering and a ‘secret weapon’ / ‘magic formula’ 4. Transitioning: From a small entrepreneurial team to a large team that needs to be well managed. Experiencing ‘Growing Pains’. ‘Computer workers’ headcount >5 and growing fast 5. Trustworthy: (respectful, teachable, humble leaders with a commitment and reputation for doing good, with integrity)
While you will be tempted to rush completion, please provide detailed and insightful answers. You are up against stiff competition, and will simply not be selected unless you provide the insights into why your business is differentiated, driven by a high calibre team, and therefore positioned for growth.
The 10X Team