We brought back our monthly #SaaSChats, a one-hour chat that happens on Twitter, and we talked about building your Canadian Startup Toolkit. We dove deep into topics that will help you navigate the startup ecosystem including: fundraising, mentoring, team building, accelerator and incubator programs, marketing and more.
Here’s a recap of the questions that were posed during #SaaSChats as well as a few response highlights.
Q1: It can be hard to navigate the startup ecosystem, especially when you’re brand new to it. In your opinion, what are some of the first resources (orgs, education, programs, etc.) that a startup should look at when founding their company?
Q2: Let’s talk funding for startups in Canada. What resources are available and what should Canadian startups consider when thinking about raising capital? What can a startup do to better position themselves to attract investment?
Q3: Aligning yourself with a mentor can be a game changer for startup founders. In your experience, what impact has working a mentor had, and, what is the best way to engage with them? How can a startup founder find a mentor?
Q4: There are many accelerator and incubator programs across Canada whose sole purpose is to support our growing startup ecosystem. What value do you think these programs bring to the ecosystem and how can a startup best take advantage of them?
Q5: Growing a team and accessing great talent can be difficult — especially in more remote communities. What are some of the resources that are in place, from your perspective, that can help a startup founder build and grow a world-class team?
Q6: The world is becoming flatter and as a result, distributed / remote teams have become the norm. What are some of the tools that you’ve used to work with a remote team, or have advised startups to use, that have fostered collaboration even from afar?
Q7: For a startup, getting as much visibility for their company as possible, without it costing a fortune, is key. What resources exist to help startup founders market their company and garner publicity without breaking the bank?
Q8: “I have an idea, but I don’t know where to start.” Is a common sentiment amongst first-time founders. What resources or advice would you provide entrepreneurs who are stuck in the ideation phase?
Q9: Last question of the chat! What are your favourite books or podcasts on the topic of entrepreneurship that you’d recommend a startup founder read or listen to?