Announcing the WPBeginner Growth Accelerator Fund
At WPBeginner, we’re on a project to lend a hand small companies develop and compete with the massive guys. Nowadays, I wish to take the thrilling step and convey those values to the WordPress industry neighborhood with our new expansion accelerator fund.
What’s the WPBeginner Expansion Accelerator Fund?
WPBeginner Expansion Accelerator Fund is the first-ever expansion fund targeted totally on WordPress companies.
As a part of this accelerator, we will be able to make investments between $100okay to $500okay in a small team of WordPress targeted companies. Along side the funding, we will be able to paintings intensively with founders to refine and optimize their present product / processes by way of the usage of the Superior Cause playbook.
Corporations will even get to take pleasure in our huge media sources and the industry community that we’ve got constructed during the last decade.
The Tale At the back of WPBeginner Expansion Accelerator Fund
Over the past decade, now we have spent a large number of time chatting with customers and understanding make issues other folks need. In most cases we will see moderately briefly the path wherein an concept must be expanded to make the most important have an effect on.
It took us a very long time to get to this stage, and I might have by no means been right here with out the assistance of my mentors and different superb marketers who have been type sufficient to percentage their knowledge with me.
This sort of mentorship is to be had in a large number of different verticals, nevertheless it’s now not brazenly to be had within the WordPress industry neighborhood.
The WordPress small industry neighborhood is filled with superb other folks. Over the previous few years, I’ve had the excitement to speak with such a lot of of the gifted marketers about their companies and their inspiring trips.
A number of of them expressed pastime in becoming a member of the Superior Cause circle of relatives, have me sign up for their board, or getting an funding to fast-track their industry expansion. Few additionally expressed their frustrations about loss of investor pastime within the house.
The issue is that the WordPress marketplace isn’t rather well understood by way of traders. And admittedly, majority of WordPress companies aren’t big enough to fulfill their standards.
However this doesn’t imply that WordPress companies don’t have the prospective. It’s fairly the other – they’ve a large number of attainable. There are heaps of alternatives to develop within the WordPress ecosystem with the best playbook, and I wish to lend a hand end up that.
After a large number of idea and dialogue, I’ve determined to create the 1st WordPress-focused expansion accelerator fund to lend a hand spice up the WordPress small industry neighborhood.
We all know that independence is without doubt one of the major the explanation why other folks wish to create a industry within the first position, and it’s additionally one of the crucial the explanation why companies prevail. Our function is to intervene as low as conceivable with the everyday.
We consider that founders of WordPress-focused firms are nice at hacking. We wish to empower them with our framework and sources to just do that.
Maximum traders be offering a mix of cash and lend a hand. In our case, cash is by way of some distance the smaller element. We wish to percentage our revel in, wisdom, and sources (jointly “needle-movers”) to lend a hand founders develop their industry.
We will be able to be offering a large number of recommendation, however we will be able to by no means drive any person to take it.
The type of recommendation that we will be able to give actually can’t be purchased as a result of only a few firms have the WordPress-specific insights like we do. And those who do aren’t within the industry of consulting.
For our first spherical, we will be able to get started small by way of hand-picking 5 WordPress firms to speculate and paintings with. And no, we gained’t ask you to transport to the Bay Space or every other large town.
When you’ve got an present WordPress industry, then you’ll be able to apply here.
We will be able to evaluation your utility and invite essentially the most promising teams to have a chain of conversations with us. We will be able to make our investment determination in a while after that.
As soon as funded, we will be able to paintings intently with you to spot the expansion levers in your small business and permit you to put in force the best processes to take your small business to the following stage.
Underneath are one of the advantages that you are going to have get right of entry to to:
- Our playbooks for product building, expansion, and operations.
- Administrative center Hours with Superior Cause Companions (together with me)
- Administrative center Hours with Different Trade Professionals
- Bi-Annual Mastermind Conferences
- Publicity on our media houses and get right of entry to to our PR workforce
- Personal Founders Slack
How you can Follow
If you have already got a WordPress industry, then you’ll be able to fill out the appliance beneath.
Essential Notice: this fund is for present WordPress companies that has been round for a minimum of six months.
I’m dedicated to the WordPress ecosystem, and I’ve two major objectives with this fund:
- Assist WordPress-focused firms prevail
- Assist introduce extra user-focused WordPress merchandise
When you like a selected WordPress product that you just assume we must spend money on, then please achieve out to them and allow them to know concerning the expansion accelerator fund.
Yours In point of fact,
Founding father of WPBeginner