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Entrepreneurship in Spain - Bernardo Hernandez - Stanford - Feb 1 2010

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Talk by Bernardo Hernandez of Google on entrepreneurship and venture investing in Spain, given at Stanford Engineering School, February 1 2010

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Entrepreneurship in Spain - Bernardo Hernandez - Stanford - Feb 1 2010

  1. 1. Entrepreneurship in Spain<br />Bernardo Hernández<br />Feb 1st, 2010<br />European Entrepreneurship & Innovation Program<br />School of Engineering<br />
  2. 2. 1<br />9th economy in the world<br />Millions of USD<br />GDP in nominal dollars. 2008<br />
  3. 3. 2<br />11th country in direct investment in the US<br />Millions of USD<br />Direct investment in the US. 2008<br />
  4. 4. 3<br />Almost 6x growth from 2004<br />Percentage growth 2004 - 2008<br />Direct investment in the US. 2008<br />
  5. 5. 4<br />Quite a few important entrepreneurs from Spain<br />
  6. 6. Where are the Spaniards?<br />5<br />
  7. 7. 200 years of doing the wrong thing<br />6<br />
  8. 8. We are just not ready to compete<br />7<br />
  9. 9. 8<br />Almost 6x growth from 2004<br />Percentage growth 2004 - 2008<br />Direct investment in the US. 2008<br />
  10. 10. 3 very important things for an entreprenuer<br />1. Ambition<br />2. Creativity<br />3. Fear<br />9<br />
  11. 11. Ambition<br />ambition, motivation, energy, will, optimism, drive,<br />dynamism, go and get it attitude, will change… <br />10<br />
  12. 12. Creativity<br />1. New, different<br />2. Better than what existed before<br />3. Becomes a standard<br />11<br />
  13. 13. Fear<br />12<br />
  14. 14. 3 key elements in the How<br />1. Education and skills<br />2. The idea<br />3. The team<br />13<br />
  15. 15. Education<br />14<br />
  16. 16. The idea<br />15<br />
  17. 17. The true barriers to entry in Spain<br />16<br />
  18. 18. The team<br />17<br />
  19. 19. Primera empresa<br />18<br />
  20. 20. The big G<br />19<br />
  21. 21. The show mus go on<br />20<br />
  22. 22. The show mus go on<br />21<br />
  23. 23. 22<br />The three big lessons I have learned so far<br /> 1. Do not set limits. Only by pushing yourself you will know where the limits are.<br />2. It is not how good you are, it is how good you want to be.<br />3. Between doing and not doing, always choose doing.<br />
  24. 24. 23<br />The most important one<br />
  25. 25. 24<br />thank you :)<br />

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