Why “Superincubators” are faster for transition
We have seen hubs, incubators and innovation labs emerging all over the globe in the last decades. The results, tangible “survival rates” of the projects, are staying relatively poor (for a quite expensive coaching-incubation): between 5 and 35%.
Extrapreneurs decided to boost the model, based on best practices and experiences on project scale up successes of previous editions. After close observation, they all had these keys in common:
- A link to, or in house experience on how to create & run a business (vs. wannabe “consultants” who never hustled)
- Access to first finance (vs. broke dreamers lonely with their golden idea)
- Mentoring and alliances (vs. lonely entrepreneurs)
- A “systemic” and conscious mind, wanting to truly contribute (vs. short term opportunists)
The recipe we suggest, for “super-incubation” is:
→ Direct connexion or sponsoring from local companies and/or Family Offices — who want to be on the first row of new emerging smart business models and talent.
→ Focus on solving historical challenges (ESG, SDG’s and more).
→ Open Source work, instead of “protecting ideas”. The key resources being not ideas, but strategic alliances and quality teams capable of leading any systemic project to multiple added values.
→ No ego’s attached: teamwork, with agile pivot, shifting teams, fast adaptation through strategic purposeful alliances.
→ Systemic and regenerative “multisolutions”, offering multiple cash flows and systemic solutions to historical challenges (which are growing in urgence every day — instead of… “another app answering the need of one target group”)
Pitches, mentoring sessions, networking sessions are organized with a global, planetary scope. There are beautiful teams, smart solutions and screaming markets everywhere — the trick to save lots of time, sweat and money, is to detect the best, and adapt them to local parameters.
Here is a short comparative table to illustrate those major differences:
Extrapreneurs is going to create a full integration of those elements in its next session, April-May 2024.
Join us !
Prof. Michel A. de Kemmeter