Level Up with Dan Chiodo | March 2022 Episode 59 Doug Hunt
Update: 2022-03-02
Description
Check out Doug Hunt’s explanation of the Business Incubator concept. As Director of Entrepreneurship at the Joplin Area Chamber of Commerce, he is growing an incubator for organizations from all walks of life.
I. Business Incubator
A. Fosters entrepreneurship
B. Advanced training and technical center
1. Providing help to small businesses get to them to a level of success as quickly as possible
C. Cash solves everything in small businesses
1. Incubator mitigates as much risk and overhead as possible
a. No long term lease: month to month
b. Small monthly space rental fees
c. Individual space, shared space, or hot desk
d. No other expenses
D. Fosters collaboration
1. Allows networking, many times with individuals/companies you wouldn't otherwise encounter
2. An ecosystem feeding one another
II. Steps to being a successful entrepreneur
A. Find a mentor/s
B. Find systems and processes that work for you
C. Be willing to take constructive criticism
D. Have a business plan and follow it
E. Take advantage of resources available to you
Website: https://www.impactbydan.com/
Facebook: https://www.facebook.com/impactbydan/
LinkedIn: https://www.linkedin.com/in/daniel-chiodo-a8b0ba11/
Apple: https://podcasts.apple.com/us/podcast/impact-training-and-development-dan-chiodo/id1223775222?mt=2
Stitcher: https://www.stitcher.com/show/level-up-with-dan-chiodo
I. Business Incubator
A. Fosters entrepreneurship
B. Advanced training and technical center
1. Providing help to small businesses get to them to a level of success as quickly as possible
C. Cash solves everything in small businesses
1. Incubator mitigates as much risk and overhead as possible
a. No long term lease: month to month
b. Small monthly space rental fees
c. Individual space, shared space, or hot desk
d. No other expenses
D. Fosters collaboration
1. Allows networking, many times with individuals/companies you wouldn't otherwise encounter
2. An ecosystem feeding one another
II. Steps to being a successful entrepreneur
A. Find a mentor/s
B. Find systems and processes that work for you
C. Be willing to take constructive criticism
D. Have a business plan and follow it
E. Take advantage of resources available to you
Website: https://www.impactbydan.com/
Facebook: https://www.facebook.com/impactbydan/
LinkedIn: https://www.linkedin.com/in/daniel-chiodo-a8b0ba11/
Apple: https://podcasts.apple.com/us/podcast/impact-training-and-development-dan-chiodo/id1223775222?mt=2
Stitcher: https://www.stitcher.com/show/level-up-with-dan-chiodo
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