"startup communities" Strascheg Centre for Entrepreneurship video slideshow

75 %
25 %
Information about "startup communities" Strascheg Centre for Entrepreneurship video slideshow
Business & Mgmt

Published on February 19, 2014

Author: norriskrueger

Source: slideshare.net

Description

Slidedeck that will accompany video** on "Startup communities" (growing your entrepreneurial ecosystem) that was developed for the Strascheg Centre for Entrepreneurship (www.sce.de) in Munich during the 2013 Coneect event (www.coneeect.eu) Slides and video will be combined into online learning module as part of a larger educational program for entrepreneurship educators, civic officials, et al. All Rights Reserved by SCE.

** video link = http://www.youtube.com/watch?v=1poz3eKdSbo

Building startup communities! » How can we help grow healthy entrepreneurial ecosystems? » Resilient? » Self-renewing? » How do we help “defrag” our own startup communities? Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Why not look at successful startup communities? Serial entrepreneur, VC and one of the architects of Boulder, Colorado‟s tech ecosystem Brad Feld: What generalizes across great startup communities? Strascheg Center for Entrepreneurship www.sce.de All rights reserved http://entrepreneurshipidaho.blogspot.com/2013/03/ how-to-defrag-your-entrepreneurial.html Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Four Constants of Great Startup Communities » 1. Entrepreneur-Led » 2. Inclusive » 3. Rallying Points » 4. Long Term Perspective » And how do we make this work? What else do we need? Strascheg Center for Entrepreneurship www.sce.de All rights reserved

1. Entrepreneur-Led Bottom-up not top-down Easy to say, hard to do Are you a “leader” or a “feeder”? And do you really, REALLY get the entrepreneurial mindset? » Doesn‟t it make sense for strategy and tactics be driven by what the entrepreneurs want? » (what they want, not what we think they need) » » » » Strascheg Center for Entrepreneurship www.sce.de All rights reserved

2. Inclusive as Hell » Have something for all the different flavors of entrepreneur in your community: » Growth/no-growth, small/large, new/old, rural/urban… » Realize they‟re all interconnected (see „maps‟ below!) » What can you do or support that is the „rising tide‟ that lifts all boats? » Who needs more specialized resources? » Suerangel Chris Devore (@crashdev): Need broad and deep… some need longer runway

3. Rallying points » Startup communities need things to rally around – great events, recurring events and… » Great programs! » Big fan of the TechStars model (and Global Accelerator Network) check out www.techstars.org » Seattle has StartupWeekend.org » Gothenburg, Sweden has Chalmers School of Entrepreneurship » Enschede, Netherlands has U Twente & VentureLab » Helsinki has Aalto… Aalto Design Factory, Startup Sauna and more » All are student-driven…. (your university could do this too!) Strascheg Center for Entrepreneurship www.sce.de All rights reserved

4. Long Term Perspective » Startup communities take decades to form… even Silicon Valley dates to the 1950s. » Check Steve Blank‟s “The Secret History of Silicon Valley” (www.steveblank.com - you should read his blog anyway!) » However, there were –and are – great catalysts like Fred Terman, Stanford‟s engineering dean who connected everyone. » People like Tina Seelig continue Stanford‟s efforts – you can never rest on your laurels! Strascheg Center for Entrepreneurship www.sce.de All rights reserved

More than just connectors » Fred and Tina are not your usual “connector” » Think “liaison-animateur” » Proactive, professional but connecting isn‟t their job » Study of a major US city identified the top 100 connectors, local magazine identified the “100 most influential”… overlap was… 1 person » Liaison-animateurs and any good connector is intrinsically motivated Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Mapping the ecosystem » Important to understand how everyone is (or is not) connected -read this! http://bit.ly/Karen_S » Who are your “gatekeepers” (who control access to key resources? » Who are your connectors? Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Great startup communities… » Both build and are built on » Entrepreneurial human capital and » Entrepreneurial social capital » In other words, » Healthy entrepreneurial ecosystems are constantly providing ways to grow the entrepreneurial mindset in the community AND they » Constantly “defrag” the ecosystem itself! » (for more on the DEFRAG model: http://goo.gl/6mmmy and on ecosystems… http://www.slideshare.net/norriskrueger/growing-trulyentrepreneurial-ecosystem ) Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Think “FIRE”… » FIRE is a useful acronym… » Defragging an ecosystem requires (human capital) » Fostering the entrepreneurial mindset broadly and deeply across the community » Inspire the next generation of Ideas (social capital) » Re-capture & reward communities & organizations that return to their entrepreneurial roots » Enhance the Entire Ecosystem (e.g, grow & support connectors) » http://www.slideshare.net/norriskrueger/iic-preso-pdf-new-5749635a (pp. 21-25) Strascheg Center for Entrepreneurship www.sce.de All rights reserved

“Defragging” means… » Where are you? Map the ecosystem in ways that capture the dynamics and interconnections » Where are we going? Where does the entrepreneurial community want to go? » Use these to build a bottom-up, task-driven roadmap » Align resources to the roadmap. » For more on this: http://goo.gl/6mmmy Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Want to map the genealogy (dynamics)? www.heikemayer.com Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Want to map the content of ecosystems? http://www.empactsummit.com/ecosystemmap.php Strascheg Center for Entrepreneurship www.sce.de All rights reserved

“Defragging” also means… » Keep it positive! » Build on what you have, not worry about what you don‟t have. » Example: Asset-Based Community Development (ABCD model) » Example: Don‟t ask “What is the barrier you face?” Ask “What‟s the one thing that will enable launch/growth?” Strascheg Center for Entrepreneurship www.sce.de All rights reserved

“Defragging” also means… » Great metrics – be data-driven! » Check out USA site www.youreconomy.org » Most countries have the same kind of data » SHARE this data with civic officials, other champions of entrepreneurship and your students! Strascheg Center for Entrepreneurship www.sce.de All rights reserved

An example of data you can use! » Idaho‟s numbers 2001-2008 » Startups created 58% of gross new jobs » Expanding firms created 40% » (only 2% from in-migrating firms) Net job creation.. Births – deaths = ~10% of net new jobs Expanding – shrinking = ~90% of net new jobs Most states & countries have similar patterns BUT you need to share this reality… To grow your OWN jobs means you need to grow your own firms, to grow your own entrepreneurs! (also known as “economic gardening”) Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Measuring the Health of your Ecosystem Peter Vogel http://www.entrepreneursship.org/ has great objective metrics of overall health that you can use at local level (see diagram to right) Markers of a Healthy Ecosystem: Take a look at http://bit.ly/EcoSys these make a good dashboard; put it online and let the community rate the ecosystem’s health. Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Back to the Four Constants of Great Startup Communities » 1. Entrepreneur-Led » 2. Inclusive » 3. Rallying Points » 4. Long Term Perspective » And how do we make this work? What else do we need? Strascheg Center for Entrepreneurship www.sce.de All rights reserved

So how do we get started? Never miss opportunities to… Celebrate celebrate what you already have – celebrate your entrepreneurs, celebrate your champions Educate don’t miss chances to educate somebody about the realities of entrepreneurship (and its merits) Initiate and never, ever miss a chance to JFDI, to Just. Do. Something. Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Do you want in? Want to know more? Norris Krueger, PhD Norris.krueger[at]gmail.com @entrep_thinking Facebook, LinkedIn, Google+ Mobile = 1.208.440.3747 Skype = norris.krueger So how can I help you to help grow great startup communities? Strascheg Center for Entrepreneurship www.sce.de All rights reserved

Add a comment

Related presentations

Related pages

Video Slideshow | LinkedIn

View 156 Video Slideshow posts, presentations, experts, and more. Get the professional knowledge you need on LinkedIn. LinkedIn Home What is LinkedIn?
Read more

Video for israel slideshow - Documents - docslide.us

Download Video for israel slideshow. Transcript. 1. 2.…We Love You Israel……..
From Mum and Dad
3. 4. 5.
Read more

Video for israel slideshow 2 - - Documents - docslide.us

Video for israel slideshow 2 ...
Read more

Video for israel slideshow 2 - Documents - docslide.us

Download Video for israel slideshow 2. Transcript. 1. 2.…We Love You Israel……..
From Mum and Dad
3. 4. 5.
Read more

Startup Communities - Brad Feld - Education

... informe de lectura del libro "Startup Communities: ... Small Business & Entrepreneurship; Social Media; ... "startup communities" Strascheg Centre for ...
Read more

Centre For Creative Sector Entrepreneurship Report

Centre For Creative Sector Entrepreneurship Report ...
Read more

Norris Krueger - HubSlide

Developing Great Public Policy to Grow Entrepreneurship! fo... 5 months ago. 1 views. Business. ... 2013 World Entrepreneurship Forum: Startup Communities.
Read more

Hans Landström hans.landstrom@fek.lu.se Sten K. Johnson ...

... 14 September 2011 Hans Landström hans.landstrom@fek.lu.se Sten K. Johnson Centre for Entrepreneurship Lund University, ...
Read more