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

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2014 Appalachian IDEAS Network Showcase

  1. 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. 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. 3. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 3
  4. 4. Entrepreneurship can’t be taught 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 4
  5. 5. What We Now Know 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 5
  6. 6. Entrepreneurship can be taught to those that volunteer 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 6
  7. 7. Not Easy 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 7
  8. 8. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 8
  9. 9. Entrepreneurship education = years in school or tons of money 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 9
  10. 10. What we Used to Believe 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 10
  11. 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. 12. 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 12
  13. 13. What We Now Know 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 13
  14. 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. 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. 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. 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. 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. 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. 20. Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 20
  21. 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. 22. How? 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 22
  23. 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. 24. Source: http://steveblank.com/tools-and-blogs-for-entrepreneurs/ 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 24
  25. 25. What’s A Startup? 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 25
  26. 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. 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. 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. 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. 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. 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. 32. Think of Social Entrepreneurship as a Horserace
  33. 33. Social Entrepreneurship: A Horse Race The Horse – The Social Enterprise Idea
  34. 34. Social Entrepreneurship: A Horse Race The Horse – The Enterprise Idea The Jockey – The Social Entrepreneur
  35. 35. Entrepreneurship The Horse – The Enterprise Idea The Jockey –The Social Entrepreneur The Track – The Appalachian Community
  36. 36. Problems are Opportunities 4/24/2014 CIMC Entrepreneurship Training, Peter H Hackbert, EPG, Berea College 36

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