The 6 domains of the Entrepreneurship Ecosystem: Part Five — Supports

Last week we focused on Finance. Today we’ll delve into segment #5, SUPPORTS

Incubators, accelerators, conferences, legal advice, Support groups or agencies are readily available. Learn how to leverage them. It’s not what you think you need, it’s what you can leverage.

Business planning, technical training, and knowing how to use these resources is actually a skill you will learn with time. Going to an organization that supports you learning how to write a business plan will do you well if you are ready to draft your own plan. Don’t expect them to do it for you.

Knowing when to use support and for what purposes is the key. And accepting the support can be challenging because many entrepreneurs want to break all the rules, while the support systems want to establish all the rules. There must first be a meeting of the minds.

Finding the right people within the support organization is key. At the end of the day it’s not what or who you know, it’s about who knows you doing what and connecting you to the right people or opportunities or organizations.


  • Search your local resource list — there are always more organizations than you think!
  • Network and think about helping others as you seek help or support
  • Don’t abuse the help and support offered to you



Faris Alami is Founder and CEO of International Strategic Management, Inc. (ISM). He works internationally, presenting Exploring Entrepreneurship Workshops and other entrepreneurial ecosystem — related ventures.

Global Entrepreneurship ecosystem, SME and leadership development in local communities

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

How rejection helped me level up

Introducing Vest: Breaking down barriers to USD financial services for Latin America

5 Key Mistakes To Avoid In Business Start Ups

Home Business Tips That Will Knock Your Socks Off

How to build a startup story and develop a sticky product

Managing Your Cash as a Start-up

Choosing the Right Corporate Structure

Josh Groff of More Labs: The Future Of Retail In The Post Pandemic World

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Faris Alami

Faris Alami

Global Entrepreneurship ecosystem, SME and leadership development in local communities

More from Medium

It’s inevitable. Why cloud is the future for analytics

Internet of Things (IoT) Benefits for Your Business

LifeBoard— Glancing in a Data Driven World

Better investing — where to begin?