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Ask HN: Should I cut down my runway by 4 months by joining this accelerator?

3 pointsby boeing767about 6 years ago
So I chanced upon these guys, SalesProcess.io, on Facebook, and they have had tremendous success helping SaaS go from $0-$1m ARR in 12 months.<p>I got on a demo with them, I&#x27;m convinced by the material&#x2F;resources&#x2F;consultation, but it costs $7,800 upfront, or 3 monthly payments of $2,600.<p>It would immediately&#x2F;eventually cut down my 6-month runway to 2 months.<p>But sales rep convinced me that, &quot;If you do everything we tell you to do, nothing less, at the end of 90 days, you&#x27;ll probably hit $10k MRR.&quot;<p>Is this a bad idea?

3 comments

ziddoapabout 6 years ago
If it sounds too good to be true, it usually is. A miracle solution to cut 66% of the time off your runway sounds a bit too good to be true for me.<p>However, I didn&#x27;t see the demo - you did. If your convinced, it might be worth it.<p>I think the big question is - is $7,800 going to break you if it doesn&#x27;t work out?
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muzaniabout 6 years ago
As someone who has joined a couple of accelerators and evaluated a few others, I would say no.<p>I&#x27;ve had a lot of great mentors who came from the wrong backgrounds and weren&#x27;t able to advise me on it. Also joined many of these &quot;guaranteed&quot; programs that just didn&#x27;t fit my approach - some felt too exploitative, some just didn&#x27;t fit my personality and would make money but at a personal cost.<p>So just follow your gut.<p>Also as YC has advised, in the earliest stages, you need to be listening to customers and building what they want. Everything else - marketing, mentors, comes later. Otherwise it&#x27;ll likely bite you back in the future.
alt_f4about 6 years ago
Terrible idea. The moment you see the bearded sleezeball CEO &#x2F; salesperson on the site you&#x27;re linking to, walking out of a lambo, you know it is crap.
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