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10 Lessons For
Building An
Entrepreneurial
Ecosystem In Your
Community

by Sean Griffin
Entrepreneurial Catalyst Dude
@seankgriffin
A Global Movement Is Brewing
Entrepreneurship = Freedom
Entering 6th Year Of Conscious
Ecosystem Development In Tulsa
Learning Through
Experimentation
Lesson #1
Act With An Entrepreneurial Mindset




Be An Entrepreneurial Ecosystem StartUp.
Lesson #2
Work With A Small Dedicated Team




Focus On Human Capital Development & People Collecting.
Lesson #3
Let Entrepreneurs Lead




Entrepreneurs Know What Entrepreneurs Need.
Lesson #4
Tailor To Strengths Of The Region




Don’t Try To Be Silicon Valley or Something You Are Not.
Lesson #5
Focus On The Needs Of Entrepreneurs




Meet Entrepreneurs Where They Are In Their Business Building Cycle.
Lesson #6
Engage & Enroll Service Providers




Get As Many People On Board As Possible.
Lesson #7
Bottom Up, Not Top Down




You Cannot Oversight or Umbrella Entrepreneurs.
Lesson #8
Business Model Coaching & Mentoring




Coach Bootstrapping, Lean, & Accelerate To Market Techniques.
Lesson #9
Recognize & Reward Entrepreneurs




Promote Entrepreneurial Behavior. Entrepreneurs Grow Entrepreneurs.
Lesson #10
Not All About Technology Companies




Help Non-Tech Companies Use Technology For Increased Competiveness.
From 1980–2005, Firms Less
    Than Five Years Old
 Accounted For All Net Job
      Growth In The
      United States.
 Business Dynamics Statistics Briefing: Jobs Created from Business Startups in the
                           United States, January 2009
New Companies Add An Average
     Of 3 Million Jobs In Their
First Year, While Older Companies
   Lose 1 Million Jobs Annually.
     The Importance of Startups in Job Creation and Job Destruction, July 2010
565,00 New Businesses Are Created
  Each Month. 3,000 Of These Are
High Growth Companies. At The End
   Of The Year Only 300 Are Still
 Operating. At The End Of Five Years
      Only 30 Are Operating.
      Kauffman Index of Entrepreneurial Activity 1996-2010, March 2011
Stop Talking.
Start Doing!
Sean@BizXe.com
 @SeanKGriffin

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10 Lessons for Building an Entrepreneurial Ecosystem in Your Community