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The Solution: Innovation And Entrepreneurship
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The Solution: Innovation And Entrepreneurship

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Global Recession is not pretty, but South Africa is well poised to come out of the mess better than almost any country. …

Global Recession is not pretty, but South Africa is well poised to come out of the mess better than almost any country.

To help, we need more entrepreneurship by South Africans. There is much talent in South Africa, that can be used to for social upliftment too.

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  • 1. THE SOLUTION:Innovation + Entrepreneurs
    labs.is.co.za
    justin spratt – 27 July 09
    www.twitter.com/justinspratt
  • 2. So who the is this guy?
  • 3.
  • 4.
  • 5. The Bad News: Global Recession
    labs.is.co.za
    www.twitter.com/justinspratt
  • 6. How Fear Drove the Recession – Fear is Now Bottoming Out
    “The only thing we have
    to fear is fear itself.”
    -- Franklin Roosevelt
    labs.is.co.za
    www.twitter.com/justinspratt
  • 7. US Retail Sales
    labs.is.co.za
    www.twitter.com/justinspratt
  • 8. US housing market
    labs.is.co.za
    www.twitter.com/justinspratt
    Source: INet
  • 9. Global Contraction
    labs.is.co.za
    www.twitter.com/justinspratt
  • 10. Recovery time-lines
    labs.is.co.za
    www.twitter.com/justinspratt
  • 11. The Good News
  • 12. Developing Economies Growing
    labs.is.co.za
    www.twitter.com/justinspratt
  • 13. Taking Stock
    Lived in 3 countries
     SA = LOTS of talent
    Enough $ for new business
     Horizon, 4DiCapital, HP-Ventures, HBD
    Govt regulatory drag is RELATIVELY low
    Highly networked country
    labs.is.co.za
    www.twitter.com/justinspratt
  • 14. BUT we need more entrepreneurs!
  • 15. Need increased penchant for
  • 16. “I want to put a dent in the universe”Steve Jobs
  • 17. “We used to dream about this stuff. Now, we get to build it. It’s pretty neat”Steve Jobs
  • 18. Make a Difference…
  • 19. Or live on your island…bought with money from the listing
  • 20. We need you!