You’ve always been an idea person. Seeking out opportunities to improve a product or process is in your DNA. The entrepreneurial spirit is something you have committed to embracing, which is why you need a community like the BLOQ parq (tBp) that is committed to providing you with the necessary resources and inspiration you need to thrive.
“Finding your entrepreneurial spirit and making it strong is more important than the idea or business you are developing.”
– Robert Kiyosaki
Innovative and inspired individuals like yourself understand the importance of surrounding themselves with the right people and places but may not be aware of all the options. Incubators, accelerators, and co-working spaces – tBp will have all of them at your disposal. These resources are like the popular kids in the start-up community. Everyone has heard their names but may not know them well. So, what’s the difference, and what benefits do they have to offer? We’re about to tell you.
Incubators: Providing all the variables that a business needs to grow.
Think of it as an elite mentorship program. Best for beginner start-ups, an incubator’s focus is to help you launch your business. An application process is involved and, upon acceptance, typically lasts for a year. You will have the chance to network with like-minded individuals and assistance with implementing business growth tactics. Incubators tend to be industry-specific, and some allow for science-based research opportunities. Funding is not a given, but the experience is designed to be priceless.
55 percent of adults in the U.S. have started at least one business in their lifetime.
Source: Global Entrepreneurship Monitor
Accelerators: Putting the pedal to the metal for your sales projections.
Accelerators are ideal for those who have already launched their company and are seeking capital investments. If you’re willing to give up some equity in exchange for helping your business excel, this is a great choice. Keep in mind these programs are highly competitive – only about 2 percent of applications are accepted. That being said, an entrepreneur like you finds motivation in unlikely odds. Accelerators operate based on a short and intense model but are formatted to result in fast business growth. So be prepared to switch gears and get your entrepreneurial engine revving.
Co-working spaces: Grab a cup of Joe and meet a guy named Joe, too.
Forming the right relationships is a crucial component of creating a successful business. Co-working spaces serve as a motivational and inspirational hub – a place to meet others who are equally as driven and resourceful as you. For a reasonable price, you’ll have access to shared office facilities, the chance to collaborate with co-creators, the ability to form reciprocal mentorships, and the privilege of enjoying lots of coffee. With high-quality company and caffeine, you can accomplish anything.
You really can’t go wrong.
There are advantages to each of these three options. Once you’ve identified your current stage of business development and its correlated needs, you can decide which one will best serve your interests. When it comes to taking your business to the next level, increasing your customer base and reaching your full potential, tBp has you covered.
Once you’ve successfully turned your dream of becoming a business owner into a reality, you can set up shop in one of tBp’s customizable micro-retail and micro-office spaces. You may even want to consider living in one of our highly sought after micro-residential spaces to experience the benefits of living within walking distance from work.
Offering incubators, accelerators, and co-working spaces, tBp is designed to provide entrepreneurs with multiple paths to success. It is a community built with a devotion to helping big thinkers and courageous creators feel at home – mind, body, and innovative spirit.