What startups can learn from UCB’s success in comedy
Startup blogger Paul Chen took his experience watching shows at UCB and mapped out five reasons for UCB’s success that could provide useful insight for accelerators and incubators looking to grow their business.
1. Customer Exposure
[UCB] is a school of entertainment teaching the Del Close brand of improvising sketches. UCB has four branches and they put on an average of three shows per night...their students [are] exposed to real customers (real audience members) over and over. This allows them to get immediate feedback on what works and what bombs [and] allows the talent chances to work on his timing and pacing.Â
Likewise, accelerators can expose their startups to real customers over and over to develop products that their customers want and can utilize real-time feedback to improve their brand.
2. Allow your talent to fail and suck a lot
When you are allowed to fail, you are more likely to take risks and think outside the box. You get to learn many valuable lessons from mistakes. That is where true innovation and creativity come from. The more you think about it, the more you mess it up.Â
UCB provides students and performers with an environment where they can take risks and make mistakes. Much like improvisers, if accelerators and incubators overthink and are afraid to fail, they won’t be as innovative.
3. Use your network
One of the most valuable assets that UCB has is their alumni network. They constantly get A-listers to come in and work with their developing talents and put on shows. It also allows their talents to build up their networks.Â
Kind of a no-brainer: startups should network with established talent to learn from them and build their own brand recognition. Our relationships are everything.
4. Learn how to build teams that trust each other
The success of an improv sketch is dependent on the team of performers to be able to gel, cooperate, and work like a well-oiled machine. Each team member's job should be to do their bit so other team members look awesome.Â
The team-oriented, project-based environment of a startup is not so different from an improv team. Â When the members of a team know their part and can trust each other, they can execute. Â There is also the importance of a diversity of ideas, and both improv groups and startups thrive on their ability to combine unique experiences into a cohesive goal. Â
5. Building a brand with success
One of the reasons behind UCB's success is their brand. It comes from fostering an appreciation and education of the arts from affordable and high quality comedic performances and classes. Students are given every opportunity to succeed in their performing and writing careers. If an accelerator is doing their job each startup should be on the way to viable commercial success.
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