Last Update: Tuesday April 7, 2020

Incubate Your Business Start Up

We All Incubate Our Start Up

Silicon Valley, Santa Clara, California: Silicon Valley is famous for technology startups and its goal is to never lose the distinction of being "the place" for innovation. The Enterprise Network (TEN) houses over a dozen start-ups working to bring new technologies to the marketplace. At TEN they find low-cost office space and mentors who guide them. You will meet the men who run the incubator and a number of the entrepreneurs who depend upon the leadership and camaraderie offered here.

According to the National Business Incubation Association, there are about 5,000 incubators worldwide. Just in the USA there are about 1,100.

We chose this incubator because it became famous during the dot-com boom and it is situated close to Stanford University.

Stanford was early to the idea of technology licensing. Technology licensing has assisted faculty and students in the process of launching companies which in turn have created thousands of jobs and brought millions of dollars into Stanford University. Stanford enjoys the "success breeds success" principal so things are popping there. In this program we go to the campus to see how one PhD student is working to commercialize his discoveries.

Go to all the Key Idea and Videos of this episode...

HATTIE'S BLOG

Hattie has rather pointed insights on life and business. You can read her blog here.

The truth about starting, running and growing a business

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An entrepreneur always has four options in life:

	There are places where time seems to stand still, but today, technology can stop time anywhere. Collaboration software is slowly catching on; and with it, business will be forever transformed. This start-up story begins with these new technologies in an ancient city. Key Question: How do I start a business?
	Come up with a way to make a business better then buy into it and make it happen. That's what Bill Sugars did. You can do it, too! Key Question: What is a path for growth?
	Lupe Fraga built a $40M business with enthusiasm, grace, and love competing with the likes of Office Depot. He bought the business from his employer with the down-payment borrowed from his girlfriend! Key Question: Can my business be my legacy?
	Anne Beiler has sold part of her business to hundreds of people. It is called franchising. Consider selling your business concept! If you can create systems ...it is actually the beginning of an exit strategy. Learn eight possible ways to exit your business! Key Question: Who is the best buyer? Next episode of the show... Prior episode of the show...