The key to success in any endeavor is the ability to adapt and overcome the situation at hand. Sometimes opportunities fall apart; however, we learn lessons from these failed opportunities. That way, we can assess future opportunities with more scrutiny. Here are 2 recent lessons I have learned from Beirut.
Lesson #1
Do not look to partner with the biggest incubator in town, unless they are passionate and excited about the program. This should be obvious, however when actively exploring partnerships red flags are not always easy to recognize.
Out with the old, in with the new. Recently, a number of positive opportunities have opened up. We have been offered office space, as well as fundraising support for the program. Additionally, Wamda is very interested in supporting us.
Lesson #2
Lesson Learned: I actually know a lot about VilCap. After pitching it for 4 months, it was not a problem to get up in front of professional investors and development folks and pitch the program. That being said, it is important to know VilCap statistics and the curriculum like the back of your hand. Also, have materials to help you get the points across, and don’t be afraid to draw lots of pictures…
