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2014 Appalachian IDEAS Network Showcase

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Opening remarks at the Appalachian IDEAS Network Showcase, at Berea College, organized by the Entrepreneurship for the Public Good Program

Opening remarks at the Appalachian IDEAS Network Showcase, at Berea College, organized by the Entrepreneurship for the Public Good Program

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  • 1. What is evidenced-based social entrepreneurship? The opening remarks at the Appalachian IDEAS Network Showcase April 11, 2014 Peter H. Hackbert, Director Entrepreneurship for the Public Good Program Berea College Berea, Kentucky
  • 2. EPG Model for the Transitioning Appalachian Economies Collaborative Partnerships Strategies Promising Economic Sectors Indicators of Success Long Term Objectives Trust and Relationships Across Partners and Sectors Common Values, Ethics, Vision and Analysis Increased Capital Rise in New Businesses Access to Small Expansion of Existing Businesses Businesses Education for Growth of New Venture Entrepreneurs Expand Digital Knowledge Market Access Raise Living Wage Job Increase in Youth Programs Advance Justice More Public & Private System & Policies Investments & Support Transition Strategies Strengthen Engaged Communities Community Effective Local Leaders Capacity High Performing Firms A Thriving and Sustainable Economy SocialEnterprisesNon-Profits PrivatePublic RenewableEnergyand EnergyEfficiency LocalFoodSystems Health DigitalTechnologies Arts,CultureandTourism Source: Modified from the Appalachian Funders Network Working Framework Model, 2014
  • 3. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 3
  • 4. Entrepreneurship can’t be taught 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 4
  • 5. What We Now Know 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 5
  • 6. Entrepreneurship can be taught to those that volunteer 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 6
  • 7. Not Easy 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 7
  • 8. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 8
  • 9. Entrepreneurship education = years in school or tons of money 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 9
  • 10. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 10
  • 11. Startups are a Smaller Version of a Large Company Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 11
  • 12. 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 12
  • 13. What We Now Know 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 13
  • 14. Startups Search Companies Execute Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 14
  • 15. All you need is the 5-Year Forecast Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 15
  • 16. What we Used to Believe Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 16
  • 17. No battle plan ever survives contact with the enemy. Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 17
  • 18. More startups fail from a lack of customers than from a failure of product development Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 18
  • 19. Planning come before the plan Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 19
  • 20. Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 20
  • 21. We Now Know How to Make Startups Fail Less Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 21
  • 22. How? 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 22
  • 23. Entrepreneurial Education begins with the Search for a Social Entreprsie Model Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 23
  • 24. Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 24
  • 25. What’s A Startup? 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 25
  • 26. A temporary organization designed to search for a repeatable and scalable business model Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 26
  • 27. A Startup aims to become a company Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 27
  • 28. Startups that succeed are those that manage to iterate enough times before running out of resources. - Eric Ries, The Lean Startup 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 28
  • 29. Life’s too short to build something nobody wants. - Ash Maurya, Running Lean 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 29
  • 30. Customers don’t care about your solution. They care about their problems. – Dave McClure, 500 Startups 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 30
  • 31. Failing to build a path to customers is among the top reasons why startups fail 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 31
  • 32. Think of Social Entrepreneurship as a Horserace
  • 33. Social Entrepreneurship: A Horse Race The Horse – The Social Enterprise Idea
  • 34. Social Entrepreneurship: A Horse Race The Horse – The Enterprise Idea The Jockey – The Social Entrepreneur
  • 35. Entrepreneurship The Horse – The Enterprise Idea The Jockey –The Social Entrepreneur The Track – The Appalachian Community
  • 36. Problems are Opportunities 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 36

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