Frequently Asked Questions
What kind of businesses does WIN accept?
WIN accepts not only high-tech businesses like most incubators, but also professional services companies. We can accommodate business internally and virtually such that our members can be located anywhere on the globe.
What is the process for acceptance to WIN?
First, the applicant is interviewed by the CPA head of the facility for a cultural fit. Next, the applicant’s biography, website, and references are checked. Finally, the applicant meets other members of the co-op with whom they would work to ensure that they would work well together.
How long is the required contract for WIN?
No, there are no long term contracts to sign. Our members may choose to disengage our services at any time. That way it holds our staff to the highest level of member satisfaction as well as allowing for changes in the life circumstances of our member. Conversely, if there is a member of the Nation that is behaving unethically or below the standards of their profession, they may be terminated from the Nation.
Do you take a percentage of equity?
WIN does not take a percentage of equity. WIN members pay a flat monthly membership based on whether they are a virtual Member or if they have an office at one of our facilities. It is less expensive than an executive suite and there are no hidden fees.
Does WIN take a percentage of sales?
WIN does not take a percentage of sales. Instead, Members do offer a 30%-50% internal discount to each other when they join and a referral fee of half of the internal discount for sales made by other co-op members. In fact, we have a Member who is an outsourced business development firm whose primary focus is selling the other Members for the referral fee!
What infrastructure do you provide the businesses?
WIN provides business training, acts as CFO, holds the professional, general and workers compensation insurances, keeps a lawyer on retainer, has prestigious shared facilities, shared reception, access to true group medical, dental, and vision insurances and more.
Does WIN help its Members with funding?
Absolutely! Funding is tough to find these days and you have to know someone. WIN has those connections and prepares its Members for the right time to seek funding to ensure success.
Do the businesses at WIN compete against each other?
In order to foster synergies between the businesses, each of our co-ops is non-competitive. Instead, businesses are encouraged to partner together to engage businesses they would be otherwise to small to win on their own. They are also encouraged to bid projects together to supplement their offerings.
Do I have to be a Member to use the WIN facilities?
The training space, conference room, hoteling offices, reception assistance services and much more are available a-la-carte. We match needs to services without the “fries with that” mentality. Just what you need and nothing more!
What is our members’ exit strategy?
Our members leverage our knowledge, facilities, economies of scale and expertise to shorten their growth cycle to profitability and become profitable in a short period of time. That profitability allows them to build corporate credit. From there, they decide to grow via various strategies including angel capital, venture capital, SBA loans, and private money investors.