Thomas Edison was a prolific inventor and diligent genius who earned 1,093 patents over his lifetime. Often working 18-hour days in a cramped lab, he took his meals at his desk. He reserved time for few things besides his work, neglecting vacations, sleep and often, bathing. It’s the classic story of grit, hustle and good old-fashioned hard work. But something is missing from this story … actually, there is a lot missing.
The idea of the lone, lonely inventor is a myth. Edison was surrounded by equally obsessed lab technicians that put in the same 18-hour days. That pervasive myth leaves out the messy yet beautiful process: collaboration. The sharing of a common vision.
Moving from ‘my idea’ to ‘our project’ takes many hands not attached to the founder title.
The process of building a company from a dream is often an arduous and lonely venture. The promise of freedom draws many to the entrepreneurial lifestyle; no overbearing boss, crippling bureaucracy, or unnecessary meetings. However, by the same token, starting a business lacks the structure and built-in support system of a traditional work environment. The day-to-day reality for many entrepreneurs is working tireless hours hunched over laptops in loud coffee shops or at cluttered kitchen tables. Without upper management to turn to for guidance or co-workers to bounce ideas off, it can be difficult to know where to even begin.
Connecting founders to resources that support a shared vision is the mission of Innovation DuPage (ID). As a space designed for collaboration, ID offers entrepreneurs and small business owners a road map for turning ideas into viable commercial ventures. There is an intentionality to the process that enables entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly executing on assumptions.
Successful entrepreneurs search for the truth about their ideas — wherever that may lead. Failing fast and moving forward is an important advantage of working in a community of entrepreneurs. Operating out of a safe and nurturing environment results in more successes and fewer failures than when founders go it alone. The process develops more resilient entrepreneurs who have a dedicated support network mirroring the experience of Thomas Edison.
Aligning with Innovation Dupage’s mission they will be hosting the following workshops and meetings for entrepreneurs and businesses to serve as a resource to grow and develop new skills and knowledge applicable to their fields.
Public Events: Day of Digital Learning Thursday January 23 / 8:00am-4:30pm Members Events: How to Transform Workplace Conflict into a Positive Force Wednesday January 15 / 10:00am-12:00pm
Until next time remember…
___________________________“Genius doesn’t fade just because we stopped watching.”
Travis Linderman has served as director for three venture incubators prior to his selection as Managing Director of Innovation DuPage. He founded a startup with Princeton University, secured venture capital backing, scaled rapidly and enjoyed a successful IP acquisition. Travis has spearheaded capital campaigns that have raised over $600 million for technology development.
Let Innovation DuPage help you take your idea from concept to success with an open-to-the-public event, our Incubator program or the Owner-to-CEO Accelerator. To learn more, call 630-942-3340 to explore your next steps.