Your recommended venturing role is incubator given your high scores on both the
willingness scale and the opportunity-ability scale. In general incubators tend
to be resource rich, but lack the ability to execute.
Incubators tend to have an excellent knowledge base they can draw from.
They are also willing and eager to contribute ideas to the discussion when needed.
Motivation is common among incubators even though follow through is often lacking.
Along with eagerness and motivation, they are willing to take the risks needed to
be a successful venturer.
Low scores on the arrangements scale indicates your lack of funds, a track record
of success, technology, experience and highlights the need for a resource infrastructure
to bring about the formation of a new business venture.
Despite your specific knowledge, ideas and motivation, your venture opportunities
are incubated, or put on hold until the resources are located. While in incubation,
intense effort to make the arrangements can be expected to be underway.
INCREASE YOUR CHANCE FOR SUCCESS:
Essentially, you can accomplish the “doing” requirements of the Entrepreneurial Success Script
, but you will be held up due to lack of the necessary script “entry”
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Thomas Alva Edison (February 11, 1847 – October 18, 1931) could be defined by the
entrepreneurial “Role” of incubator. Edison knew how to protect a new business venture
with knowledge and barriers to entry—having received more than 1,000 patents. He
developed many devices that greatly influenced life around the world, including
the phonograph, the motion picture camera, and a long-lasting, practical electric
light bulb. Thomas Edison is considered to be one of the most prolific inventors
in history.Typical of the classic incubator, Edison was willing to take risks to
get a product to market, but early on in his career he did not have the relationships
or resources to commercialize many of his technologies. Of course, that changed
with the formation of his research labs, where he incubated both his inventions
and the related business formations that brought them into the marketplace. In fact,
he was one of the first inventors to apply the principles of mass production and
large teamwork to the process of invention, and therefore is often credited with
the creation of the first industrial research laboratory.
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