Incubators Cover Photo

It’s been awhile since we discussed one of our favorite topics – startups!

As I’m sure many of you small business owners and entrepreneurs know, to grow a startup involves lot of patience, waiting for the right elements to come together. Finding the right people, getting the right location, and coming up with the right product for the right audience.

And what better way to find the perfect combination than joining an incubator?

If you don’t remember what an incubator is (in this sense, anyway), try refreshing your memory with this in-depth article about Incubators and Accelerators.

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Growing Your Startup Infographic Mashable

Attempting to establish a startup takes courage, determination, and a slight leap of faith. To run a successful startup, it takes hard work, perseverance, and a lot of luck.

Statistics show, of the 514,000 new business owners in 2012, only 18% will succeed in their first venture. Those who are brave enough to try for a second or third venture see their success rate rise to 20%.

So why are so many business owners willing to take the plunge?

68% believe the odds of their business succeeding are better than others in their sector. And with such a positive attitude, they are more likely to stick it out to see success.

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