You have read my last Forbes Column, An Underused Tool For Job Recovery. With unemployment soaring, I discussed how incubators can help people move into self-employment–and create jobs.
We’ve also discussed the topic of why incubators fail at length here. One of the issues that came up in the incubator discussion as a cause for failure is: What is the right business model for an incubator?
This is what I invite you to discuss in this thread.
[Please note that since this discussion took place here on the blog, we have launched the One Million by One Million global initiative, and for incubators looking for a viable business model, you are very welcome to reach out to me to become a reseller of our premium program priced at $1000 annual membership fee.]
While my previous post on entrepreneurship education, Bootstrapping at B-Schools is still generating hot discussion, I would like to pose another important discussion topic: Why do business incubators fail?
Those among my readers who have perspective and analysis to offer on the subject, please feel free to jump right in.
[Please note that since this discussion started here on the blog in 2010, we have launched the One Million by One Million global initiative, and for incubators looking for a viable business model, you are very welcome to reach out to us to become a partner of our program.]
I wish you all a happy 2010, dear readers!
I was reflecting back on 2009, and thinking what would be a good synthesis of the work I have been doing, and how I might succinctly summarize a New Year’s resolution for myself. Here is what I have come up with: >>>