But Will They Make It?

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At the Institute for New Business Ventures, we see many new and emerging businesses in Indiana and offer would-be entrepreneurs some insight into what they can expect from attempting to establish and operate a business. Understanding the process can help cut down the chance of failure. However, it remains a characteristic of entrepreneurs that they sometimes must get beat up in the marketplace before placing any value on the expertise that is available to assist them.

The telling statistic on start-up labs will be the number of success stories five years from now. That will be the acid test in determining whether those who counsel start-ups have done an effective job.