Below is our recent interview with Tiffany Schoonmaker, Director of Marketing at 10X Incubator:
Q: Could you provide our readers with a brief introduction to your organization?
A: The 10X Incubator stands to give everyone the opportunity to become a tech entrepreneur…period!
We take ideas written on napkins or pitch decks or minimal viable tech products and transform them into stable, viable, and extremely lucrative tech companies. By combining a world-class software development team with a top-notch go-to-market and sales division, along with financing, legal support, and business consulting, tech companies in the 10X Incubator are poised for an unprecedented level of growth and success.
Our Plan A is to create, innovate, launch, and accelerate 10,000 tech companies in 10 years where each company eliminates at least one inefficiency in a country, industry, or the world while becoming scaleable within 5-7 years.
Q: Any highlights on your recent announcement?
A: Cardone Enterprises and CILA Labs are thrilled to announce the launch of their newest partnership and company, the 10X Incubator. This new organization will help entrepreneurs take their tech ideas to the next level and transform them into thriving businesses. The goal of this initiative is to support and provide emerging tech startups with the resources they need to create, launch and accelerate their tech ideas and bring them to life.
10X Incubator takes ideas written on napkins or pitch decks or minimal viable tech products and transforms them into stable, viable, and limitless scale tech companies. By combining a world-class software development team with a top-notch go-to-market and sales division, along with financing, legal support, and business consulting, tech companies in the 10X Incubator are poised for an unprecedented level of growth and success. CILA believes that by partnering with Cardone Enterprises on the 10X Incubator it can help entrepreneurs grow into successful companies within 5 years or less.
Grant Cardone, CEO of Cardone Enterprises and Founder of 10X Incubator says, “I’m honored to be able to give such an opportunity to so many new and upcoming entrepreneurs who I know have some amazing ideas that will completely change the game of the tech industry and to be a part of their journey to success is beyond incredible. It’s time to strive for more and 10X their businesses.”
10X represents the megaphone to ensure that every tech company that emerges from the 10X Incubator becomes a widely recognized brand and scales quickly. The need for speed in the tech industry has never been more apparent and the partnership with Cardone Enterprises will enable the companies created to reach the market faster and with a level of force that has never existed before.
CILA Labs is the first and only Tech Incubator to provide software development, go-to-market, branding, sales, customer support, legal, financial planning, and administrative services at cost while becoming a partner in the venture. CILA Labs mission is to launch 10,000 tech companies in 10 years. In less than one year, CILA has successfully Co-Founded over 60 tech companies with entrepreneurs from all walks of life.
Jared Yellin, CEO and Co-Founder of 10X Incubator and Co-Founder of CILA Labs says, “There has never been an opportunity like 10X Incubator in the tech industry. 10X Incubator will successfully Co-Found 10,000 tech companies in the next 10 years by combining the software development ability of CILA Labs with the power of the 10X Ecosystem for the purpose of go-to-market, plus access to capital for acceleration. All I can say is that I am personally excited to speak with 1,000’s of entrepreneurs who have tech ideas and co-found companies with each viable business.”
Both companies are proud of the launch of 10X Incubator that will aid in the success and development of tech startups while disrupting the software development industry with high-quality, legendary technology products and solutions.
Q: Can you give us more insights into your offering?
A: 10X Incubator becomes true partners with you and formulates your idea not only into a comprehensive, changemaking tech product but a tech company with exit in mind from the very beginning. We take equity in the company and operate at cost to bring the highest value to the partnership. Our team handles everything from business formation to launch to exit. We evaluate each idea for viability and market and then we offer partnership based on four factors: (1) Is the person right? (2) Is the idea viable? (3) Is this a red or blue ocean of market competition? (4) Can we scale to cash flow positivity quickly?
We have currently co-founded over 60 companies all over the world from a variety of industries.
Q: What can we expect from your agency in the next 6 months? What are your plans?
A: We are PR machines! With new tech companies launching weekly, one of the greatest voices in tech as a Founder, Jared Yellin, and the greatest voice in all of entrepreneurship, Grant Cardone, we are a dream for the PR world. We invite you to document our journey and promise to ALWAYS bring the most exiting, interesting, and impactful ideas and opportunities to your organization and community.
Q: What is the best thing about your company that people might not know about?
A: 10X Incubator is the only one of its kind — a full service business partner i.e. a software development company that operates completely at cost. The software industry is full of drastically under-budgeted development products, deliverables that don’t meet client expectations and so much more. We have been there and we stand for radical transparency in software development. Our mission is to launch 10,000 tech companies by 2031 by evening the playing field of tech entrepreneurship.
We do this by partnering with the right people that have a viable idea and have the team to bring this idea not only to life but to market, scale, and exit.