Apart from all of the normal preparation you would do for any interview (dress smart, practice your introduction, anticipate potential questions/rehearse answers, prepare some questions of your own) there are few pieces of advice I give to founders when they’re preparing for the final rounds of interviews for accelerator programs.
First, as part of your interview preparation, you should think through why you’re applying in the first place, and have an idea of how we can work with you. One of the value drivers of the Techstars Berlin accelerator, is the collective expertise of the Managing Director, the mentors, and everyone else you’ll be introduced through Techstars (even after the accelerator). We aim to be more than just a shareholder in your company – think of us as an extra co-founder. We have the people-power and knowledge to help you, we’re committed to your long-term success, and will see you through to the end.
Make sure that your introduction highlights how the Techstars Berlin accelerator can help you. Do your research, apply what you’ve learned, and tell us how we can help you grow even beyond the program. Your story is just beginning with Techstars and the wider network during the program, not ending.
And second, remember that saying ‘I don’t know’ is as relevant an answer as any. If you’re feeling the heat during the question sessions, keep your cool and answer every questions honestly. A willingness to learn, an honesty to what you know and what you’re looking to improve in your business are paramount to succeeding in this program.
We use Ash Maurya’s Lean Business Model Canvas a lot, please take some time to familiarise your team with the principles. We recommend you fill one out if you wish to refer to it in the final interview. You can make a copy of the template here.
Lastly, if you have specific questions for your interviewer, be sure to indicate to them at the start of the interview, just so they’re aware.