Fashion, of all things, can never get old. It has been forever and will stay forever. Thus you can’t let your wardrobe rot with last year’s designs that aren’t prevalent anymore. If you are one that likes to go with the flow, you will need to update your closet with the best of what the latest brands have to offer. They aren’t coming slow and can guarantee to shine your wearable collection. Transparent bags, beaded tops, shiny footwear, just name it, everything is emerging in the industry of fashion, and there’s no stopping it. So why wait? Bestow your eyes on the below listed rising brands to get the latest sooner than your foes.
The brand offers some real foot magic with exquisite trimmings and shapes. And the founder is no other than Amina Mauddi the maker of one of the most well-known shoe brands. She took education in the European Institute of Design in Milan and made a name for herself by partnering with Oscar Tyre and AlexandereFautheir.
Black and white are lovely colors, but your jewelry should contain more tints to stand out. If you’re looking to spice up or bring in colors to your jewelry collection, Alison Lou is the place. The assemblage by this brand, known as Loucite, has magical pieces that are stunning and cute to wear. There are big colorful hoops and several earrings to place in every of your ear-piercing. Eccentric rings and wristbands that remind you of the infancy years of your life.
This is your brand to go when you have the desire to look like the past. It has puffy shoulder dresses that are inspired by the fashion of the 80s. They are equally simplistic and enticing with colorful flower patterns. When it was launched in 2018, by Jeanette Madsen and ThoraValdimars, it became a hit soon. Many celebrities dabbled in the dresses, and the brand is positively rising still in the industry.
A brand that focuses on the needs of a particular significant race living in America and every other part of the world, Asian. This population had been having a hard time adjusting to the standard slim fit dress shirts in America, so Wesley Kang came forward with a whole brand of ‘actually-slim’ shirts. And they actually fit that’s why they are so widely accepted everywhere now. Nimble made is a unique brand for men with not just slim-fitting shirts and ties, but top-notch dress socks, clips, and collar stays.
How could we leave out a notable handbag variety in the list of emerging fashion brands? Staud set its place in the bags industry by providing new standards of accessories launched in 2018. Its most popular products are the plastic transparent, and bucket bags. Sarah Staudinger came up with the brand and landed an award on it by Forbes.
Another brand with a mission. With this one, founder Dima and Anton made extra efforts to bring in menswear into womenswear. Put on a large coat and pants and a pearly bra on top or a long jacket with a pearly belt. The design has a vibe to it that makes anyone look cool wearing it.
Looking to Make a Career Change? Ask Yourself These 3 Questions
Are you stuck in a career that feels like the wrong fit? Whether you aren’t excelling as quickly as you’d hoped or feel a sense of dread at the thought of heading to work each morning, landing in a career rut is far from uncommon—in fact, more than half of all Americans report being unhappy with their jobs.
There are a variety of reasons for wanting to make a career change. Our interests, goals and priorities change and shift over time, and it’s possible that the dream role you took five or ten years ago simply isn’t the best match anymore. Or, maybe it was never the right match and you’re finally ready to do something about it. Whatever the reason may be, making a career pivot is entirely achievable. With the right strategies and a solid action plan, you can align yourself with a new career vision that’s more suited to your interests and values.
To help you sort through the mental clutter and get realistic about the type of roles that you should pursue, there are a few helpful questions you can ask yourself.
1. What have you learned from your past jobs?
While you may feel like you wasted a lot of time in roles you didn’t love, don’t be so quick to write off the time you put in—there’s a lot of value in the experience even if you didn’t enjoy it. Why? Because it gives you insight into understanding what you don’t want in a job.
Take some time to carefully evaluate your past or current positions. Make a list of pros and cons, and get specific. You might list things specific to the duties you were responsible for, the company culture, the physical office environment, what your work hours were like, pay, etc.—the sky’s the limit. Figure out what it is about each item on your list that you liked or disliked, and use it to guide you towards a role that aligns with what you know you do and don’t enjoy or value.
2. What job would you do for free?
This question helps you think about your career in the context of what you genuinely enjoy doing. Ask yourself: if money were no object, what job would you choose? While salary is certainly an important factor in determining the right career, it can be easy to let that factor alone determine the types of jobs we pursue. This question is great to get you thinking creatively about different jobs that truly excite you and can get you headed in the right direction.
3. What makes you happy?
While this might seem like an obvious question, you’d be surprised how often it gets thrown out the window when it comes to a career. Take the time to self reflect and get honest with yourself: what truly makes you feel content?
What fuels you, motivates you, or gives you purpose? Can you think of the times in life you’ve been the happiest? What were you doing? Who were you with? Thinking deeply and critically about these types of questions offers valuable insight into the types of positions that can complement your life and fuel your passions.
Making a career change can feel daunting, or even impossible. But the first step is simply believing it’s possible. Take care to remind yourself that there’s truly no shortage of job opportunities out there, and there’s nothing stopping you from finding one. With a commitment to yourself and a plan of action, making the switch to a more fulfilling career well within reach!
Is a startup accelerator program a good choice for me?
Absolutely! If accepted into the right program, there is no better way for an early-stage startup to scale and find the best investors. But you may wonder how to go about it. Since 2005, accelerator programs have become a trend in the investment sector. Globally, there are close to 200 active startup accelerators today. In this sea, how to choose the right fit? Let’s begin with the basics.
Startup accelerators are intensive mentorship programs. They help startups crunch 3-5 years of the growth process into 3 – 6 months. Yes. You heard that right. This is why they are called ‘Accelerators’. Most of them provide a seed fund of $10K – $25K in exchange for 0 – 10% equity in graduating startups. But accelerator programs are best known for their ‘Demo Day’, the final day at the end of the program when startups pitch their accelerated, scaled-up pitch decks to potential investors. That is the moment of truth. Apart from these, there are upcoming programs that offer a longer engagement.
Broadly, based on their operating structure, startup accelerators are of three types:
- Venture funded: These are driven by Venture Capitalists with the sole aim of profits. They look for quick and massive ROI over a short period. The startups they choose to fund must show a promise of higher returns over a 3-5 yr period when compared to regular investment instruments.
- Government funded: These accelerators have a broader goal beyond short-term profits. They nurture startups with a potential for the greater good such as job creation, reviving local economies, creating applications for government projects, staying ahead in the global competition for tech innovations, and the likes.
- Corporate funded: Corporate-sponsored startup accelerators nurture new ideas usually to further their business vision. For example, giants like Microsoft, Google, Facebook run accelerator programs to support innovations. If it fits, they might end up acquiring some of them.
Beyond these, startup accelerator programs have defined goals. Their operating industry, funding structure, mentor network, skill development programs, course duration, on-site requirements, investor network, alumni support, and geographies are well defined. So make sure you thoroughly research various accelerator programs before choosing the right one.
This is where the accelerator story began. In 2005, Paul Graham, Jessica Livingston, Robert Morris, and Trevor Blackwell founded a 12-week on-site program for early-stage startups. Their flagship program based in Mountain View, California accepts two batches a year focusing on finance, impact investing, and virtual currency industries. They have a special focus on black/African, American-led, and women-founded startups.
Over the years, Y Combinator has diversified its accelerator programs to suit various geographies. They excel not only in their on-site curriculum but alumni support as well. Startups graduating out of Y Combinator become part of an elite network of entrepreneurs, investors, and industry experts. Y Combinator also runs an online Startup school that is accessible from anywhere in the world. As of 2019, they have made 4000 odd investments valued close to the US $155B. Today, Y Combinator is the most successful startup accelerator program in the world.
Startup accelerators provide the best growth opportunities. Besides the mentorship, networking, and the basic seed fund, they do not promise success but the best shot at it. Here are some of the opportunities you can expect from a startup accelerator:
- One-on-one meetings with industry experts and mentors
- Cohort-based co-working opportunities with fellow founders
- Progress monitoring and evaluation
- Capacity building of the Startup business process
- Possible connections with early adopters and channel partners
- Focused, goal-driven work culture
- Cross-learning and problem solving
- Experiential learning
- Access to potential investors on demo day, extended network
As an idea, accelerator programs are great. But if you are not ready for the fast ride, these programs can set you back massively. Time is the most precious resource in a startup journey. Before committing to an accelerator program that usually demands the presence of at least one founder and the core team for the entire duration of the course, it is best to analyze all aspects of it. Here are some of them:
Benefits of startup accelerators:
- Focused training to raise funds from top investors in the industry
- Assured seed fund at graduation
- The startup journey can be lonely. Accelerator programs create cohorts for founders across various industries to brainstorm and learn from each other
- Build strong relationships with mentors, industry experts, and alumni
- Social validation. Graduating from top startup accelerator programs lends a unique identity to new startups in the market. Investors tend to rely more on their capabilities compared to other companies trying to make it on their own.
Problems of Startup Accelerators:
- Demands 100% presence. This is a non-negotiable term with most startup accelerators.
- Demanding schedules. Accelerator programs run on tight schedules. They facilitate ‘learn on the go’. So there is learning and immediate application.
- Equity dilution. Every accelerator demands equity in exchange for its services and a basic seed fund. A dilution at the seed stage will only magnify the possibilities of higher dilution in the subsequent funding rounds.
- Relocation. Most accelerator programs are on-site. The core startup team has to relocate to the accelerator location and live around the premises for 2 – 3 months.
Thus there are many aspects to a startup accelerator program. If approached with sufficient preparation, the pros might outweigh the cons. As a startup founder, you cannot deny the gravity and timing of investments. Startup accelerators provide access to just that and much more. Then how should you approach this? What is the right time to consider an accelerator program?
When you are ready. As a founder, make sure to ask yourself if you and the company are ready for an accelerator program. It is a myth that an accelerator guarantees success. As if it was a formula to become a unicorn overnight. In fact, it is the other way round. Accelerators need you to be at your best. Else it is a wasted opportunity. These programs are highly competitive with an acceptance rate of 1 – 3% only. So make sure you make the best of it. Here are some pointers to determine your ‘readiness’ for an accelerator program. You are ready when:
- Startup has reached the early-seed or seed stage
- Startup has a co-founder
- Startup has an MVP
- Startup has sufficient market research data to establish the viability of the prototype
- Startup has a business plan
- Startup ready for a growth spurt
- Startup has a core team of experts who can learn and deliver under high pressure, portray leadership skills
- Startup team can commit 100% time to the accelerator program beyond managing the company on a day-to-day basis
- Startup ready to part with 5 – 10% equity in exchange for the deliverables of the accelerator program
- Startup ready to part with an additional 10 – 20% equity for the seed round on Demo Day
- Startup core team ready to relocate to accelerator site
- Startup has all legal documents in place
- Startup has a minimal error process to update and maintain cap tables
Once you have checked all these boxes, you can rest assured that an accelerator program will work in your favor. But this is only one side of the story. What about the merit of an accelerator program? If you have worked so hard to create a credible company, shouldn’t you check the potential of the ones choosing you? Will they do justice to your time and efforts? Here is how you can approach this situation.
- Do a thorough background check of the accelerator program. Check with their alumni and market feedback
- Do their goals align with your company? With 5 – 10% equity they will become your shareholder. Ensure you are allowing management access to the right people
- Check their curriculum. It should include courses that strengthen your fundamentals in startup operations such as legal, business model, finance model, equity management, due diligence, and the likes
- Check how they monitor progress and performance. Do these metrics suit your business?
- Visit their premises and check facilities
- Verify their engagement levels. Ensure their goals are pragmatic
- Verify mentor profiles. Ensure they are seasoned entrepreneurs with real industry experience
- Verify investor network. Research their Demo Days. Who participates? What is their credibility? Transparency in financial transactions, etc.
- What happens after you pass out of the program? How is the alumni support?
There are more than 100 startup accelerators and the number keeps growing by the day. To get you started, we have compiled a list of the top 10 based on the amount of seed capital raised:
Duration: 3 months
Headquarter: Mountain View, California
Companies launched: 1801
Seed fund: $39,839,695,289
Track record: 4000+ investments, 354 exits
Stripe, Airbnb, Cruise, Automation, DoorDash, Coinbase, Instacart, Dropbox, Twitch, Reddit
Duration: 3 months
Headquarter: Boulder, Colorado
Companies launched: 1336
Seed fund: $8,664,791,204
Track record: 3,300+ investments, 310 exits
Top brands: Bench, Digital Ocean, FullContact, SendGrid, and Zagster
Duration: 4 months
Headquarter: San Francisco, California
Companies launched: 686
Seed fund: $3,195,638,016
Track record: 2,600+ investments, 288 exits
Top brands: Twilio, Credit Karma, SendGrid, Grab, GitLab, Bukalapak, Canva, Udemy, TalkDesk, Intercom, Ipsy, MakerBot, Wildfire, and Viki
Duration: 3 months
Headquarter: San Francisco, California
Companies launched: 153
Seed fund: $2,234,261,983
Track record: 175+ investments, 36 exits
Buffer, CoverHound, MoPub, Postmates, Astrid, Drone Deploy, Ribbon, Pipedrive, Rolepoint, and Vungle.
Duration: Customized to suit shortlisted candidates
Headquarter: Shoreditch, London
Companies launched: 118
Seed fund: $1,124,789,400
Track record: 400+ investments, 43 exits
Top brands: UiPath, TransferWise, Revolut, Hopin, Wefox, Grover, Viz.ai, Sorare, and Trestle
Duration: 6 months
Headquarter: San Francisco, California
Companies launched: 344
Seed fund: $1,036,045,522
Track record: 540+ investments, 37 exits
Top brands: LaunchDarkly, Rigetti Quantum Computing, mPharma, Matternet, and Mightyhive
Duration: In 4 phases, distributed over a year
Headquarter: Greater New York Area, East Coast, and Northeastern US
Companies launched: 197
Seed fund: $1,032,491,096
Track record: 370+ investments, 38 exits
Top brands: LevelUp, Trendkite, SeatGeek, HouseParty, Adaptly, Wellth, Biomeme, Tissue Analytics, Redox, Eko Devices, Raxar, Cylera, and Elevate
Duration: 4 months
Headquarter: Venice, California
Companies launched: 36
Seed fund: $689,256,760
Track record: 140+ investments, 17 exits
Top brands: Tapcart, Candid Wholesale, Carpay, Lantern, Abstract, Strike Graph, Return logic, Good fair, Stack Commerce, RadPad, Bitium, Mover, and Mapsense.
Duration: Phased over 1 yr
Headquarter: Santa Monica, California
Companies launched: 27
Seed fund: $628,025,626
Track record: 9 investments, 3 diversity investments
Top brands: Alcatraz, Artful, Bambee, BloomNation, Butter, Citruslabs, Cloverleaf, Emailage, GoFor, Hologram, Honey, Leaselock, Papaya, ShipHawk, TrunkClub, and Workfast.
Duration: 4 months
Companies launched: 69
Seed fund: $596,485,083
Track record: 94 investments, 13 exits
Top brands: Sonder, Transit, Mejuri, Bus.com, Unsplash, XpertSea, LoginRadius, BenchSci, and Ready Education
Since the launch of Y Combinator in 2005, startup accelerators have become a trend. To nurture and launch startups for a small percentage of ownership in their companies has become a profitable investment strategy. They promise higher returns when compared to traditional investment instruments. Hosting a startup accelerator program and graduating out of one is a symbol of market leadership today. As a startup founder make sure to weigh all the pros and cons before embarking on this journey.
Pros And Cons Of Cashflow Finance
Cashflow financing is a type of business loan that you can use to cover your cash needs before they happen. Unlike traditional loans, it does not have to be repaid until after the event has already happened. This can help small businesses stay afloat in tough times when they are waiting for their invoices to get paid. However, this form of borrowing also comes with some major disadvantages that should be considered before choosing this option over more conventional methods. In this article, we will explore both benefits and drawbacks so you can make an informed decision about whether or not cashflow financing is right for your company.
What is Cashflow Finance and how does it work
Cashflow finance is a type of lending where you borrow money, but instead of the lender receiving the interest payments and finally repaying the loan, you allow them to collect their share as you make your monthly payments.
What this means is that the person who has money available can give it up in exchange for getting a cut for each payment that they receive rather than having to wait until they get all their money back at one time. The person receiving cashflow financing can use their credit freely throughout this process and doesn’t need to worry about paying interest along with making repayments on top of everything else because those are being automatically deducted from each monthly payment so he/she only needs to pay off what’s been borrowed.
Advantages of cashflow finance
Increased flexibility in the capital structure – because investments are made when required, rather than having all funds tied up in one project.
Less need for external financing sources.
Loan contracts are usually short-term so there is no prearranged commitment to any single lender or investor over a period of many years.
Ease of access to capital compared with bank borrowing or public offerings – since they can be done quickly and without any major commitments.
Potentially lower cost than debt financing because interest payments and redemption fees do not exist on these types of securities like interest and penalties would exist with bank loans and bonds (interest income still exists).
Disadvantages of cashflow finance
Too much debt can impede growth and limit the firm’s investment opportunities.
New share issues (if needed, to raise equity) may incur significant costs and dilute existing stakeholder’s control.
Interest payments on borrowing may be greater than interest received on loans, mortgages, or deposits.
Greater chance of bankruptcy if repayments exceed earnings, which can happen when production cannot meet demand or when employment levels fall dramatically (e.g., due to economic downturns).
Why should you consider using cash flow finance for your business needs
Cash flow financing allows you to manage cash on an ongoing basis, rather than borrowing money or investing capital in inventory. This is a more flexible form of financing that is adjusted easily based on the natural flow of your business cycle, rather than being tied to staged billing cycles.
Using this kind of financial strategy allows you to control cash inflow and outflow efficiently, providing higher liquidity during spikes so your business can adapt quickly instead of paying high interest rates or waiting for credit checks. This way, your business stays more responsive and agile with fewer risks associated with missed deadlines or unforeseen opportunities.
How to get the best out of Cashflow Finance
When applying for a loan at cashflow finance company, it is important to be very specific about the funds you will use and how exactly you plan on using them. For example, if your plan includes paying down your debts or consolidating other loans in order to pay off this loan, it is important that the money be reimbursed by someone else and not come out of your salary because these latter means can often result in high interest rates and heavy payments. The key to successful loans with low interest rates for repayment is taking into account all variables when calculating risk factors such as employment stability, profession type (High Income Earning), etc.
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