Did you know the first business incubator opened in the U.S. in 1959? Now flash forward to today and there are more than 7,000 incubators worldwide. I believe the days of the “job work” mentality are thankfully waning. A real resurgence of entrepreneurial spirit, and more startup activity than ever before.
Z Nation Lab is not a typical incubator or accelerator, we have been helping startups with everything from technology, crafting pitches, gaining knowledge from advisors, networking, office space and obtaining seed money, well, in fact, we fund “play money” to build the MVP and scale through the first few customers.
We increase the success rate for a startup multifold; It’s also been found that “the survival rate of incubated firms can be more than three times higher than non-incubated firms.”, and Z Nation Lab provides that edge to be above the rest at an early stage of the startup.
The image of an entrepreneur is at an all-time high, so why would you continue to work in a job that you hate, or provides no satisfaction? With more people looking to making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.
Step into a new entrepreneur era where the definition of “work” is something you love. It’s not too late to start. But what happens after you’ve made it through your incubator? 90% of startups will fail, so here are 4 simple things to help you reduce those odds and grow your business.
- Don’t start a company unless it’s an obsession and something you love. Create a disruptive business, ability to reach 800 to 1000 Cr of business in 7 years. Make something people want.
- Choose your advisors, partners, mentors & incubator/accelerator wisely
- Learn the right way to market you, your brand and the company
- Focus on customer acquisition, not just financing. As an entrepreneur, you have to be OK with failure. If you’re not failing, you’re likely not pushing yourself hard enough
” Z Nation Lab is a catalyst for the innovation community,” said Nilesh Jain, Founder Partner, Znationlab.com, “We think we can bring all of it together to do something that is totally unique to this ecosystem, virtually clustering companies into vertical hubs is the best way to take this vibrant startup scene to the next level.” Putting them together will allow them to share advice and resources, including talent and customer leads.