Posts filed under: Playbook

The Open Incubation Playbook

  A new approach to business incubation in the venture economy Venturing is the gateway for ideas and dreams to become real. In the Venture economy, I wrote about the unprecedented opportunities for millions of people to create a better...
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The milestone driven start-up

Traditionally start-ups depend on investors for funding. Traditionally, start-ups are milestone driven based on detailed business plans as the execution of the business plan triggers the release of milestone payments by venture capitalists. However, the issue with the traditional milestone...
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Open Incubation – a venture governance model for lean, open and collaborative venture teams

A new generation of entrepreneurs has started to think differently about the purpose of a venture, its values, organizational design, collaboration, sharing and (equity) ownership. With such intentional background, the set-up of those ventures is lean, open and collaborative. Open...
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Why should I apply the Open Incubation model?

Starting a new venture is a team effort. Lean, collaborative and open venture teams try to benefit most from the rich experience, skills and motivation that participants bring to the venture team. During the initial explorative phase of the venture,...
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The Open Incubation model

Open Incubation is a venture governance model for lean, open and collaborative venture teams. It allows the participants to quickly agree on each others expected contributions, (potential) rewards and the rules of engagement of the venture team. With this ambition,...
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Rules of Engagement – five governance design principles

The Rules of Engagement is the first building block in the Open Incubation model. The Rules of Engagement consists of five venture governance design principles that are applicable throughout the venture life time: from start-up to incorporation to exit. Role...
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The Contribution & Reward framework

The Contribution & Reward framework is the second building block of he Open Incubation model. It enables a lean venturing approach based on sharing and collaboration between participants. Through the Contribution & Reward framework, participants make their envisaged role, contribution...
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The Venture Governance framework

The Venture Governance framework is the third building block of the Open Incubation model. The purpose of the Venture Governance framework is to guide a venture team to agree upon the main rights & obligations of the participants regarding leadership,...
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How to apply the Open Incubation model?

The set-up of the Open Incubation model is the first step in the incubation process of a venture. When first discussing the open incubation model, a venture team may first want to discuss the Rules of Engagement. Do we need...
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