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ENTREPRENEURSHIPWednesday, August 22, 12
HALF-BAKEDWednesday, August 22, 12
500 Events 107 Countries ...
The largest grassroots entrepreneurial community in the world (we’re in more countries than Sta...
What you What you want to do can do ...
USA (CENSUS DATA 2007) 22% FIRMS 27,757,676 ...
the .001% PERCEPTION ...
21 Century Entrepreneurship (Our vision)Wednesday, August 22, 12
ENTREPRENEURIAL PARADOX (how to teach what we don’t know?)Wednesday, August 22...
lG ame! ne ur ia ...
A WORLD FULL OF POTENTIAL World Bay Area Mountain View Internet ...
OUR CHALLENGE(500 000 - 600 000) 2009 400 000Wednesday, ...
THE MYTH OF THE LONE ENTREPRENEURWednesday, August 22, 12
OUR MODEL preneu r’s story Entre ...
Why Startups Fail?Wednesday, August 22, 12
cons tantWednesday, August 22, 12
The Irrational world of entrepreneurship ...
YOU COULD BUILD THAT...MULTIOBJECTIVE CELLULAR GENETIC ALGORITHM WITH ADAPTIVE FUZZY FITNESS GRANULATIONWednesday, August ...
OR JUST PUT PEOPLE IN THE SAME ROOM... Your computer fitness functionWednesday, August 22, 12
THE ENTREPRENEURIAL JOURNEY r’s story ...
NEW TOOLSWednesday, August 22, 12
Business Plans are deadWednesday, August 22, 12
Wednesday, August 22, 12
3 Pillars OF THIS HIGH GROWTH STARTUP REVOLUTION 1. Low cost MVP ...
SW SWNEXT MBC (Master in Business Creation) ...
Main Hypothesis It is possible to increase the volume, quality and rate of advancement for entrepreneurs ...
Wednesday, August 22, 12
Our experiment 38 Initiatives Mapped Addressing You are taking over the World! ...
When Initiatives become predictable they can be archived shared and scaled across the country ...
WHAT’S NEXT? • 1. Map/know your ecosystem • 2. Meet and participate with y...
THANK YOU franck@startupweekend.orgWednesday, August 22, 12
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Grassroots Entrepreneurship

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This is my presentation To the NW Economic Development Course August 2012

Published in: Business, Technology
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Grassroots Entrepreneurship

  1. ENTREPRENEURSHIPWednesday, August 22, 12
  2. HALF-BAKEDWednesday, August 22, 12
  3. 500 Events 107 Countries 2200 Influencers 50 000 Attendees 7000 Teams 500+ Jobs Impact 501c3 2012 A quarter Million Entrepreneurs Education Health Government annually by 2015 SWResearch Maker Media More 2015 2000 Events Verticals NewWednesday, August 22, 12
  4. The largest grassroots entrepreneurial community in the world (we’re in more countries than Starbucks! )Wednesday, August 22, 12
  5. What you What you want to do can do What you get paid FORWednesday, August 22, 12
  6. USA (CENSUS DATA 2007) 22% FIRMS 27,757,676 78% 13% Non Employer Firms Employers Firms (With Payroll) 88% More than $1M Less than $1MWednesday, August 22, 12
  7. the .001% PERCEPTION $1b 0 REVENUE GRASSROOTS CLASSICWednesday, August 22, 12
  8. 21 Century Entrepreneurship (Our vision)Wednesday, August 22, 12
  9. ENTREPRENEURIAL PARADOX (how to teach what we don’t know?)Wednesday, August 22, 12
  10. lG ame! ne ur ia tr ep re t he En co me to W el 81 123 7 billion people 10 10 Atoms in the known universe Shannon number really complex game!Wednesday, August 22, 12
  11. A WORLD FULL OF POTENTIAL World Bay Area Mountain View Internet 2 2 50 / km 2 395 / km 2300 / km 2.26b / screenWednesday, August 22, 12
  12. OUR CHALLENGE(500 000 - 600 000) 2009 400 000Wednesday, August 22, 12 STARTUPS / YEAR
  13. THE MYTH OF THE LONE ENTREPRENEURWednesday, August 22, 12
  14. OUR MODEL preneu r’s story Entre FT500 You are taking over the World! SCALE You have a stable business model Garage STARTUP You have a solid team with some good ideas ACTION You are an Entrepreneur DISCOVERY You want to be an Entrepreneur INSPIRE/CELEBRATE ? You’ve got some passions & ideasWednesday, August 22, 12
  15. Why Startups Fail?Wednesday, August 22, 12
  16. cons tantWednesday, August 22, 12
  17. The Irrational world of entrepreneurship B ? KNOWLEDGE Business Decision ? C Entrepreneur THERE IS NO SYSTEMATIC PATH TO BUSINESS SUSTAINABILITY Bounded rationality is the idea that in decision-making, rationality of individuals is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision Reinhard SeltenWednesday, August 22, 12
  18. YOU COULD BUILD THAT...MULTIOBJECTIVE CELLULAR GENETIC ALGORITHM WITH ADAPTIVE FUZZY FITNESS GRANULATIONWednesday, August 22, 12
  19. OR JUST PUT PEOPLE IN THE SAME ROOM... Your computer fitness functionWednesday, August 22, 12
  20. THE ENTREPRENEURIAL JOURNEY r’s story MBA Entrepreneu FT500 ean You are taking over the World! L SCALE You have a stable business model Garage STARTUP You have a solid team with some good ideas ACTION You are an Entrepreneur DISCOVERY You want to be an Entrepreneur INSPIRE/CELEBRATE ? You’ve got some passions & ideasWednesday, August 22, 12
  21. NEW TOOLSWednesday, August 22, 12
  22. Business Plans are deadWednesday, August 22, 12
  23. Wednesday, August 22, 12
  24. 3 Pillars OF THIS HIGH GROWTH STARTUP REVOLUTION 1. Low cost MVP 2. Short BUSINESS Cycles 3. Social NetworksWednesday, August 22, 12
  25. SW SWNEXT MBC (Master in Business Creation) COMMUNITY RESEARCHWednesday, August 22, 12
  26. Main Hypothesis It is possible to increase the volume, quality and rate of advancement for entrepreneurs within any startup community More Jobs More Startups Better EntrepreneursWednesday, August 22, 12
  27. Wednesday, August 22, 12
  28. Our experiment 38 Initiatives Mapped Addressing You are taking over the World! HIGH GROWTH known problems/opportunities You have a stable business model SCALE and a great product You have a solid team Garage STARTUP with some good ideas SEATTLE: NYC: You are an ACTION LA: Entrepreneur DSM: DISCOVERY VEGAS: You want to be an Entrepreneur BOSTON: DETROIT: INSPIRE/CELEBRATE You’ve got some passions &SP: ideas ?Wednesday, August 22, 12
  29. When Initiatives become predictable they can be archived shared and scaled across the country High Growth Scale The Easy Startup Project 15 0 very Action 00 $ Disco Discovery Sea $7.5 / ttle rs Entre preneu Inspire 38 Initiatives Estimated Impact Estimated Value $55M 1. Entrepreneurs: 17, 235 2. Startups/Teams: 1,957 Estimated Cost 3. Jobs: 554 $784,340Wednesday, August 22, 12
  30. WHAT’S NEXT? • 1. Map/know your ecosystem • 2. Meet and participate with your local community (events / startups) • 3. Don’t hurt! (support) • 4. Go to a Startup Weekend :)Wednesday, August 22, 12
  31. THANK YOU franck@startupweekend.orgWednesday, August 22, 12

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