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Monday, September 20, 2021

Don’t Go it Alone When Starting Business

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There are a lot of steps involved in the invention process, and it can be overwhelming to take care of everything yourself. Lininger advised seeking out professional assistance so you can be assured that certain elements of the process rest in capable, experienced hands. For instance, you may want to find a manufacturer if you’re looking to develop your prototype, or Rocket Lawyer if you’re looking for a qualified, on-demand patent attorney. You should also consider a business partner, said Anayet Chowdhury, co-founder of Argo Prep.

“Find a co-founder who believes in your idea/product and has a specific set of skills that you do not possess,” said Chowdhury. “Companies that have co-founders are [more likely] to succeed compared to solopreneurs.” Incubators can also be a great place to find success, providing innovators with tools, resources, and a supportive community as you move through the process.

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Kate Bell, founder and director of Zip Us In, which provides jacket expanders for pregnant women, uses IncuHive as a base for her business. “The business support has been superb and enabled me to be confident in my scale-up plans with such a vast network of experience behind me,” she said. “IncuHive have been instrumental in us pitching to investors and has provided meeting space and an advisory board.”

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