Frequently Asked Questions

What is Startup Studio Insider?

Startup Studio Insider is a creative and collaborative space that discusses the nuances and
potential of the Startup Studio model. Startup Studio Insider was created to provide a lens on how startup studios can deliver thought leadership, identify the right opportunity, build the right product, find the right investors, and build exceptional teams to execute ground-breaking ideas.
By sharing thoughts, insights, learnings, and the potential of startup studios, we’ve created a community of founders and startup studio experts from all around the globe.
Learn more about our story, here.

Who are Startup Studio Insider’s founders?

Startup Studio Insider was founded by Craig Kronenberger, an experienced startup catalyst, business accelerator, and global marketing executive. With over twenty years of experience as a consumer digital strategist with a concentration in global strategy, new product launches, brands and direct marketing, and consumer relationship marketing for Fortune 500 and growth organizations, Craig Kronenberger founded Startup Studio insider with the goal of creating a leading community that provides expert insights on the startup studio business model and ecosystem.
If you’re interested in hearing the lessons Craig has learned from his career as a seasoned entrepreneur, click here.

How can I be featured on Startup Studio Insider?

We love helping expand the startup studio community! We accept submission requests from experienced founders in the startup space. For more information, send us a message here and include “Partnership Request” in the subject line.

How do I stay connected with Startup Studio Insider?

Follow us on Twitter, LinkedIn, and Instagram to stay up to date on all the latest trends in the startup studio ecosystem.

‍What is a startup studio?

A startup studio is a company composed of industry experts that specialize in building other companies, with the primary goal to address and provide solutions to consumer pain points.
Startup studios provide businesses with key advantages including a team of designers, developers, administrative experts, and marketers to help the startups throughout their various developmental stages. Startup studios provide tools, ideas, and funding assistance for the startups they work with. As such, they’ve mastered venture building and mitigate risks associated with startups.
Click here for more insight into the organizational structure and benefits the startup studio business model provides.

‍How do I become a successful entrepreneur?

There’s no set list of requirements that comprise an exemplary founder; however, there are patterns of success that indicate successful entrepreneurs commonly have the following characteristics:
- Deep understanding of risk and failure
- Thriving in collaborative environments
- Continuously seeking opportunities
- Recognizing personal strengths and weaknesses
- Fostering supportive environments
- Viewing challenges as opportunities
- Striving to understand tactical work
- Embodying charismatic leadership
These may not be inherent in all entrepreneurs, but being aware of these qualities will help align your mindset and increase your chances of success.
Click here to learn more about what characteristics give a person the ability to take an idea and transform it into a thriving, profitable business.

How do startup studios prevent failure?

A successful startup launch requires the ability to operationalize an idea, which is no easy feat. Common obstacles arise for startups during the launch and funding phase, in addition to facing operational challenges throughout the entire process.
While over 21% of startups fail in the first year, startup studios are considered the safest approach to easy-stage investment.
Startup studios support startups throughout the acceleration phase and past the common challenges that 90% of startups fail to overcome. As such, startup studios are considered the safest approach to easy-stage investment despite the fact that 21% of startups fail in the first year.
Past the launch phase, startup studios facilitate connections between entrepreneurs and investors, helping startups receive critical resources and capital that mitigate risks and expedite efficiency.
Click here to learn more about how the startup studio business model mitigates risk and fuels success.

What are the most common startup mistakes?

The common mistakes leading to 20% of new businesses failing during the first two years of conception, and 65% failing during the first ten years, include:
- Inability to secure adequate funding
- Failure to clearly define your unique value proposition
- Sudden market downturn
- Failure to solve a problem
- Misguided loyalty to the original team
- Failure to let go of personal attachments to their vision
- Inability to anticipate and overcome legal obstacles
- Failure to make timely pivots
- Loss of focus or focusing on the wrong thing
- Neglecting scalability
The good news is that startup studios help entrepreneurs avoid common pitfalls that lead to these failures, helping entrepreneurs significantly mitigate their risk and increase their chances of success.
Read more about the top 10 common mistakes entrepreneurs make and how startup studios help them overcome these obstacles.

How do I get funding for a startup?

One of the keys to a startup’s success is having the correct sources of capital to develop, test, and validate your idea. The process of securing funding for your startup can be overwhelming, as you’ll have to find investors, determine the amount of capital needed, and identify how long it will take to pay back the investment.
Startup studios provide startups with a knowledgeable and capable team of experts who have established core structures that allow them to finance their startup creations.
Click here to learn various fundraising methods.

What advice would you give to someone just starting a business?

New entrepreneurs benefit greatly from the startups advice of experienced founders. Experienced founders can mentor new entrepreneurs and help guide them through the processes of identifying correct opportunities, developing the right product or service, finding the right investors, and helping them build exceptional teams.
For guidance through the entrepreneurial journey, click here and read our list of what we consider some of the best entrepreneur blogs and startup founders.