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How Do I Start Your Own Business?

Strategy Driven

Usually, adding a little detail to an existing product (such as changing the colour of something) is not enough to start a business, so try more than you think you need. Part 2 Create a Business Plan. Determine the Cost of the Operation. You need a solid business plan to present to potential investors. Identify Obstacles.

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The Problems With Incubators, and How to Solve Them

Harvard Business Review

This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. opened in 1959 and is still operating. Will this new generation of incubators perform better than the previous ones?