LinkedIn discussion on building an entrepreneur incubator
1. LinkedIn: RedHerringMain: Discussion 12/27/08 11:17 PM
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Contacts Gordon Kraft
Chairman, CEO Real How to build a Entrepreneur Incubator.
Connections
Estates Hot Sheets, Inc. I have been focused on Entrepreneur Incubators for the past several
Imported 2008-now weeks due to the economy and issues we all face. You can read my
Contacts See all Gordon’s comments here and at my web site www.talkstory.com
Network discussions »
Statistics A Entrepreneur Incubators purpose is to provide the necessary
Inbox (3) resources for our bright promising Entrepreneurs to create,
market/research, and sell their ideas. The following items/resources are
Compose
needed:
Message
1. Office space with fast Broadband connections.
Messages 2. Market Research facility with personnel that are expert in using the
InMail Internet for Market and Product Research (repaid via Incubator share of
Introductions revenue).
Invitations 3. Multimedia Center with the latest PC and Mac equipment and Video
Editing Software, Office Software, Laser Printer. (Multiple "Donated"
Profiles
systems no charge for access).
Q&A 4. Legal Assistance Group of Intellectual Property and Contract and
Jobs Agreement capability (repaid via Incubator share of revenue).
Recommendations 5. AARP retired pool of Industry Executives available to mentor (repaid
via Incubator share of revenue).
Groups (3)
6. Governor support for Trade Missions, etc.
Applications 7. Office equipment facility and Video equipment facility.
Add Connections How to pay for this? Simple, have Entrepreneur sign a Development
Assistance Agreement for Revenue sharing 80% Entrepreneur 20%
Incubator Center (ie. 20% Incubator share of revenue).
Gordon Most important Resource? Mentor and Sales Channel Assistance
Kraft (repaid via Incubator share of revenue).
Chairman, CEO Real Let the Entrepreneur learn as they grow their idea, help where you can
Estates Hot Sheets,
in marketing and sales, and sell baby sell.
Inc. 2008-now
Gordon is working Do not crush the Entrepreneur's "Fire in the Belly", rather encourage
on Entrepreneur and support it... Remember Mistakes are part of Learning... simply
Incubators. see:
http://www.nbia.org/index.php correct the mistakes...
9 hours ago [ Edit ] Posted 29 days ago | Delete discussion
Your profile is 85%
complete [ Edit ] Comments (8)
I love the idea, support entrepreneurship on its merits and proven ability
Barry Dennis
to deliver success for the right ideas and idea managers(translate
Owner, Netweb/Omni and
Marketing and Advertising entrepeneurs) Unfortunately many entrepreneurs are better at the idea
Specialist generation part, than the managing part.
Hence my suggestion as to a pre-incubator step; a mechanism that
evaluates ideas, and funds them through VC to the Business Plan stage
in which we get to see if the idea has merit. The idea can be a product or
service, a marketing plan, whatever. The key is beady-eyed VCs look at
the idea through rose-potential colored glasses. Judging the merit and
potential is one thing,but failing to give ideas a chance because of a bias
against loss is another. A pre-incubator stage would at least allow some
wild-eyed ideas to get past the furry-eyeball stage.
I have some ideas on how the "pre" stage could be initiated, but I reserve
publically presenting them, because it may present both a profit
opportunity for me, and a conflict for others.
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2. LinkedIn: RedHerringMain: Discussion 12/27/08 11:17 PM
Posted 25 days ago
I completely agree on the lack of management experience, but with some
Gordon Kraft
mentor help from those of us (ie. AARP types) that have been there and
Chairman, CEO Real
Estates Hot Sheets, Inc. done that... Some of the Entrepreneurs will be our next leaders...
2008-now
Someone needs to lead and I have only been successful leading not
following over my ups and downs of life. I know there is a pony in this
idea, and since I had the opportunity to be in the State of Hawaii Maui
Research and Technology Center Incubator, I only wish to share the
good parts of that beautiful time. The State of Hawaii management there
were not much use other than as landlords, but the synergy of the
startup's was awesome my friend. And that is the key value of the Center
with some real Business experience helping them out. And the Incubator
will generate many ideas, but only a few will live, that is why we need
several of them in each state.
The Entrepreneur Incubator purpose is more of a place to train and
create, not to actually build the ideas generated there... The products that
are hardware in nature not intellectual will be manufactured elsewhere. If
the Centers only create the well thought out and presented Business
Plans then we will have succeeded...
I used to say all I need is a PC and a Laser Printer and I will figure out
the rest.
We need to rebuild our American Creativity and provide a place for them
to grow and learn. And we are going to have a lot of people to employ in
many industries and most of all Services... I am not one hundred percent
sure why I have chosen to push my concept other than I would not be
much of a Visionary if I hadn't already decided that the Auto Industry will
go through substantial reductions and a lot of folks are going to need
help...
mahalo,
Gordon
Posted 25 days ago | Delete comment
hi Gordon. An entrepreneur incubator is always a good idea, in a down
Todd Mollenkopf
economy or up, doesn't matter. Good ideas and new technologies come
Datacomms Networks &
Platforms about all the time and need launch vehicles to move them. As long as
you have (1) a talented tireless management team, (2) a flow of good
innovation, and (3) enough capital to reach an equity event, your
incubator will work perfectly in Hawaii or Kinshasa or Hong Kong just the
same. -- regards, Todd
Posted 24 days ago
IMHO (Having started 3 businesses from the Corvallis, OR incubator, two
Bruce D'Ambrosio
of which successfully sold), the primary support a lone entrepreneur
VP, Chief Architect
OnDemand needs is community support from a collection of similiarly-driven folk,
Personalization supported/mentored/driven by a strong business type who keeps the
community individually and collectively focused on what business is
about, namely, "how are you going to make money out of this? Show me
the market (preferably with real customers/$)." Physical infrastructure can
help that happen, and sure, networking / shared reception and
conference space are all useful, but it's just a social club without the
focus on building a business.
Posted 24 days ago
A few examples of my current projects that would blossom in a
Gordon Kraft
Entrepreneur Incubator with Micro Investments: (ie. $100K or less)
Chairman, CEO Real
Estates Hot Sheets, Inc.
2008-now It is my belief that the Angel Investment community will evolve into
smaller investments because "over investing" (large investments)
reduces the need/drive to perform (lowers the fire in the belly level) and a
new category of Micro Investments under $100K will generate a higher
number of investment successes and therefore a stronger return on
investment if the Entrepreneur Incubator Center has marketing rights of
the products created within.
1. AiLibrary(tm) a Personal Digital Library using the Apple iPhone as a
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3. LinkedIn: RedHerringMain: Discussion 12/27/08 11:17 PM
1. AiLibrary(tm) a Personal Digital Library using the Apple iPhone as a
Portable Digital Library. The Apple iPhone will evolve into faster. larger,
and increased storage model(s). With the G3 and WiFi connectivity of the
iPhone and the addition of using "Local Displays" (within WiFi range)
such as a iMac, PC, or WiFi HDTV flat screen, the user would be able to
SPEAK search requests and display on the "Local Display", the iPhone
would not have to store much more than the Google Hits but rather
stream forward the information to the Local Display.
2. VOICE INDEXING of Photos, Docs, PDFs, and MOVs for rapid
indexing of Content via iPhone for subsequent retrieval. ie. See it and
Voice Index it. (MetaTags)
3. AiHome(tm) Smart House Control System via iPhone.
4. Privately Held Stock Resource Center. There is currently no viable
method to buy sell Privately Held Stock, SEC issues, etc. The Privately
Held Stock would be purchased for X and sold for Y. on a 80/20 basis.
5. Violation of Stay Web Center. The current economy will cause a
tremendous increase of Bankruptcy activity and associated illegal Debt
Collection efforts ignoring the Bankruptcy Stay action.
Posted 19 days ago | Delete comment
The Internet is a vast Digital Library filled with content and information of
Gordon Kraft
all kinds, searchable with many Search Engines, and available anyplace
Chairman, CEO Real
Estates Hot Sheets, Inc. a connection is possible. From your Bedroom to your Boardroom, your
2008-now auto, boat and airplane, to a city park bench. People now have more
information than they can view, digest, and utilize.
Search Engines like Google and Yahoo have made significant progress
in indexing the information and content. Software exists that can match
images and their location, words, places, videos, documents are
available. Wikipedia is our new Encyclopedia, with the ability to add or
correct information to a specific item.
So what is needed? A new method of learning with the massive quantity
of information and content is needed. In the 1956 movie “The Forbidden
Planet” Directed by Fred M Wilcox, written by Irving Block, screenplay by
Cyril Hume, and with “Robby the Robot” we see the brilliance of our
Science Fiction writers. The Krell, a advanced society of beings that
created a machine that when placed on your head, will transfer large
amounts of information and content into your brain. Of course this is
Hollywood, but today 60 years later are we any closer to achieving this
idea?
In the world of “Interactive Computer Learning” courseware or information
and content is reviewed with questions or tests that judge your transfer of
the information and content into your brain before the student is allowed
to progress to the next level. Just like our video games of today…
In order to retrain and educate the tremendous number of people that are
instantly tossed into our Unemployment Offices, America needs to focus
and develop on the Retraining and Education of our people. As does the
entire world. Certainly we Americans are clever and innovative group
based in a country that provides and benefits the American Creativity.
My concept of a number of Entrepreneur Incubators across the USA
holds this idea as one of the most important new areas of product
development.
Your comments will be appreciated at my LinkedIn page in the Red
Herring Group Discussion area. You will need to be a member of the Red
Herring Group to leave your comments. Please do so.
Posted 16 days ago | Delete comment
See recent update to my BLOG at:
Gordon Kraft
Chairman, CEO Real
Estates Hot Sheets, Inc. http://talkstory.com/?p=125
2008-now Posted 12 days ago | Delete comment
Would you mind if I reposted your original post to the discussion group
Tom Gilkey, Ph.D
"Atlanta Seed Fund" to try to get some discussion going there. I will
Experienced technical
and business manager attribute it to you and RedHerringMain?
with experience in
Tom
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