Wednesday, March 1, 2023

CAN YOU TAKE A MONTH (OR MORE) OFF FROM YOUR BUSINESS?

An entrepreneur recently commented that, as much as he hears mentors and advisors talk about the importance of business owners working ON their business versus IN their business, he really wasn’t sure what that meant. What exactly is the distinction? In response, I asked him if he were to take a month or two off, would the business continue to run well without him? He replied with a sarcastic “yeah, right”.


I explained to him that that’s what working ON your business is all about. It’s about setting up your company with effective business and operational systems and processes, human resources, and checks and balances so that you can effectively go away for a time with the peace of mind that things will run smoothly without you. That’s what Michael Gerber intended 35 years ago when he coined the phrase “working ON the business” in his best-selling book The E-Myth, and it still holds true today.


Now, to get there takes some dedicated time working ON the business. Here are some examples of activities that constitute working ON your business and working IN your business:

Read More

Now Hiring

The UCF BIP is hiring for a Mentoring/First Customer Program Manager and an Incubator Assistant

In the News

UCFBIP is seeking mentors for its 2023 Spring/Summer Mentorship Cohort Program


Tech Rage IT ranked as a Central Florida Top Technology Company for the 4th consecutive year


How Orlando entrepreneur Maryann Kilgallon landed on new Comcast NBCUniversal documentary series 'Founding in Color'


CEO’s country song lands VR company 3D Media a meeting with Silicon Valley VC


Archangel Lightworks Secures £4 million Seed Round to Build Next Generation Lasercom Technology


Yale Professor Nicholas Christakis Joins Spot Social Fitness as Advisory Board Member


Florida Tech Corridor Reaches for the Future


The most creative pitch application we've seen!


Arima Genomics Announces Agreement with Protean BioDiagnostics to Make Arima Gene Fusion Test Widely Available to Clinicians


Volusia County Business Incubator Launches WoW Fridays


Pink Lotus Technologies Inc. Founder and CEO, Maryann Kilgallon featured in Founding in Color now streaming on Peacok and Black Experience on Xfinity

Upcoming Events

March

08

One Million Cups

1MC takes place every Wednesday morning at our Orlando Incubator.

Sign up to talk about your business and share your accomplishments with the community!


March

08

SBA Workshop: SBA WOSB Certification

On the first Wednesday of every month, we will explore how Stoicism can help in setting business goals and managing growth. This course is designed for business CEOs, managers, and entrepreneurs in Central Florida. The goal is to focus on stoic leadership.


March

09

OTC Founders Dinner

On the first Wednesday of every month, we will explore how Stoicism can help in setting business goals and managing growth. This course is designed for business CEOs, managers, and entrepreneurs in Central Florida. The goal is to focus on stoic leadership.


March

09

Understanding “Government Contracting” Compliance

Ed Kinberg, Government Contracting Attorney, will discuss government contracting compliance and best practices for making sure you incorporate it into your pricing and the execution of your contract. 



March

17, 24, 31

Introduction to Web3 and Digital Assets Series

The Introduction to Web3 and Digital Assets series in March 2023 will provide an introduction to accepting digital assets for your business, blockchain, decentralized finance [DeFi], NFT Marketplaces, the Metaverse, and Web3 Wallets.


March

22

Financial Literacy for Entrepreneurs

Join SCORE Orlando Executives as they come to your community to discuss business finances for today’s entrepreneurs and small business owners.

• Credit Score (How to build it and how to improve it) • Sources of Capital (Finding money for your business) • Basic Overview of Finances (Balance sheet, cash flow) • Saving Money for Business Emergencies • Preparing Your Business to Receive Grants


March

28

Plans That Get Funded

Join this interactive training session that covers the foundations for business planning, considering outside funding sources for your business, and understanding what information is important to secure business funding. This session will also introduce the Business Model Canvas as a planning tool to visualize and bring your business to life!


March

30

2023 Women Who Mean Business Awards Celebration

Join Orlando Business Journal for the annual Women Who Mean Business awards celebration to honor Central Florida's 2023 women of distinction.


March

31

Central Florida Immersive Technology Summit

Join Orlando Business Journal for the annual Women Who Mean Business awards celebration to honor Central Florida's 2023 women of distinction.


April

01

AWS Startup Day Miami

Calling all cloud-native startups! AWS Startup Day Miami is a conference with education for cloud-native startups like yours. The topics are presented through multiple tracks and will be most helpful to specific roles, within companies that are early stage (post-MVP) through mid/growth stage.


April

05

Business Ethics 2023

On the first Wednesday of every month, we will explore how Stoicism can help in setting business goals and managing growth. This course is designed for business CEOs, managers, and entrepreneurs in Central Florida. The goal is to focus on stoic leadership.

Missed last week's newsletter? Click here to catch up
business-handshake-banner2.jpg

Is the BIP for you?

Our award-winning program provides business development and operational support to early-stage technology and innovation-driven businesses throughout Central Florida. We offer three programs that are each designed to help businesses at different stages.


Click here to see if our Traction, Growth, or Soft Landing Program is a good fit for you!

Facebook  Twitter  Instagram  Linkedin