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From the Editor

From Mikkeller to Unicorn in 12 Simple Steps

Picture of The Magical Mysterious World of Estonian Unicorns

How Estonian start-ups can become world-leading companies.

If you are pre-revenue for your new venture, we call you an APPRENTICE ENTREPENEUR

STEP 1: FIND A FOIL

Before you even formulate your idea, you need a second person who agrees with you ethically and philosophically but has the opposite character type.

Typical combinations include extrovert/introvert, creative/realistic and starter/finisher.

STEP 2: GO TO MIKKELLER AND WRITE YOUR FIRST BEERMAT

Elevator Pitch, First Customer, Mentor

STEP 3: ATTEND OUR SALES ON A BEERMAT WORKSHOP

Discover if you’re a ‘Magnet’, ‘Maker’ or ‘Monitor’.

We help you refine your strapline and Elevator Pitch and show you how to sell.

STEP 4: VISIT YOUR FIRST MENTOR

Enlist your Mentor’s help in finding your First Customer, for an initial sale of €10,000, as ‘training’.

STEP 5: SECURE YOUR FIRST SALE OF €10,000

You are now a SEEDLING (working from home). Build a balanced mainly virtual Founding Team of Cornerstones (Sales, Delivery, Finance etc.….). Double sales.

STEP 6: FIND AN OFFICE OR SHARED WORKSPACE

You are now a SAPLING. Grow to 20 people. Double sales again, and again.

STEP 7: THE BIG DECISION: ‘BOUTIQUE’ OR ‘UNICORN’

If your desire is to secure a billion-dollar valuation, then identify and nurture a ‘Grown Up’, someone already experienced in running large companies.

STEP 8: IDENTIFY 100 TARGET CUSTOMERS IN A WESTERN COUNTRY (e.g., UK)

We can assist you with this task.

STEP 9: REFINE THIS LIST TO 30 HOT PROSPECTS

We can assist you with this task.

STEP 10: SECURE YOUR FIRST FOREIGN CUSTOMER

Set up a low-cost sales office in a location near your First Customer

We can assist you with your first sales visits.

STEP 11: IDENTIFY 30 PROSPECTS IN A LARGER MARKET (e.g., USA)

Repeat the process. Set up a local sales office there. You are now a MIGHTY OAK

We can assist you with this task.

STEP 12: SET UP IN THAT TERRITORY

Become a Unicorn. Don’t be Evil. Create your own Legacy and Pass It Forward

We look forward to seeing you back in Mikkeller!

Mikkeller logo

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