Advisory Board

Daniel A. Schmitt

Daniel A. Schmitt is Cofounder and Chief Executive Officer of AAQ and the founder of The Incubation Factory (TIF).
From 1993 to 2003, AAQ operated as a holding company of internally financed business initiatives creating early experience for Dan Schmitt that led to The Incubation Factory Processes of today. A total of 8 companies were started with zero investment from outside sources. This includes three companies that grew at a rate to make the Inc. 500 list of Fastest Growing Private companies highlighted with Advanced Business Fulfillment which ranked #23 nationally, #1 in Missouri, and was sold to WebMD in 2003.
Dan was the mastermind of AAQ and ABF business models and the architect of a methodology for creating new business initiatives. In 2005, he combined his expertise in business development, administration, finance, and marketing, to create The Incubation Factory — a privately funded business incubator. Dan earned a B.A. in Marketing from the University of Northern Iowa in 1989. He resides in Naples, FL with his wife, Jen, and their two children.
Dan’s primary roles as CEO are setting company strategy and vision, creating company culture, and supporting the TIF executive team. Dan participates in the evaluation and selection of all portfolio companies and takes an active role in strategic consulting and business model development of each incubated company. He is an investor in all of TIF’s incubated companies.
From 2003 to 2006, AAQ incubated companies which were to become the core service companies of TIF as well as select companies for early stage validation of the TIF model. Since Mid-2006, 12 new companies have formed under the TIF umbrella and are enjoying various levels of market success.
From Late 2006 to present, Dan has been creating the infrastructure to launch Open Source Capitalism, a system that aligns incentives with a global network of entrepreneurs with the goal of unleashing global innovation in a decentralized fashion.
Watch his YouTube channel. Read his LinkedIn profile.