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Entrepreneurship 3.0 - The 3rd Wave of Industrial Revolution
This document discusses the emerging third wave of the Industrial Revolution known as "Entrepreneurship 3.0". It notes that current innovation is evolutionary, not disruptive, and everything that can be digitized will be. It highlights insane growth rates in technology companies and falling costs. While Germany has strong global positions in many sectors and B2B strengths, its culture can be a barrier for startups. However, European startups have seen economically successful growth. The document advocates embracing new technologies, partnerships, and culture changes to drive growth and solve problems through entrepreneurship rather than just incremental innovation.
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Entrepreneurship 3.0 - The 3rd Wave of Industrial Revolution
- 1. Entrepreneurship 3.0 „The 3rdWave of the Industrial Revolution‰
- 2. Benjamin who? madein germany born in 1981 invested in 15 companies, work experience since 1996 #internet #mobile #solar
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- 7. everything that canbe digitalized will be digitalized
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- 9. current innovation is„evolutionary,‰ and not „disruptive‰
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- 15. BIG DATA ISLIKE TEENAGE SEX, EVERYONE TALKS ABOUT IT, NOBODY REALLY KNOWS HOW TO DO IT, EVERYONE THINKS EVERYONE ELSE IS DOING IT, SO EVERYONE CLAIMS THEY ARE DOING IT..." (DAN ARIELY, Duke University)
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- 19. "It means reallythat you see... the new economy which we talked about 15 years ago has really become the economy," Greifeld said in an interview on CNBC's " Fast Money " this month (March ’15). "It means really that you see... the new economy which we talked about 15 years ago has really become the economy," Greifeld said in an interview on CNBC's " Fast Money " this month (March ’15).
- 20. Time to MarketCap is the measure of how long it takes a company to reach valuation or market capitalization milestones. TTMC Velocity is the annual growth rate of a company's market cap. TTMC data provides a strategic lens into the velocity of new company, technology and category development. INSANE GROWTH
- 21. I N SA N E !
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- 23. Source: S&P CapitalIQ GREW BY 4X
- 24. Source: S&P CapitalIQ dot-com boom today Compound Annual Growth Rate 12.13% Compound Annual Growth Rate 19%
- 25. more than 1/3of all tech companies are younger than 17.5 years 1/3 <17.5Y
- 26. INTERNET TRENDS 2014– CODE CONFERENCE KPCB - Mary Meeker 50% LOWER 77% LOWER
- 27. INTERNET TRENDS 2014– CODE CONFERENCE KPCB - Mary Meeker
- 28. INTERNET TRENDS 2014– CODE CONFERENCE KPCB - Mary Meeker OWNING NASDAQ
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- 31. Source: Fortune "GlobalTop 500" 0 15 30 45 60 # of sectors # of sectors with German companies amongst top3 25% B2B LIKE A BOSS
- 32. Source: Fortune "GlobalTop 500" About 90% of the 1.500 German world market leaders are active in the B2B segment B2B LIKE A BOSS
- 33. makes up morethan half of Germany’s economic output.
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- 35. German and Americancompanies are world class in operational processes USA Germany France UK 3,07 3,14 3,31 3,35 Average Management Score (Scale from 1 to 5 = top score)
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- 37. Kumardev Chatterjee fromthe European Young Innovators Forum sees Germany's business culture and mentality as a barrier that startups have to work hard to overcome. "Germany is very good at incremental innovation," he says, "but people don't want you to take risks and generate chaos. There's little support for disruptiveness."
- 38. European Tech Startups ⁄ Economically successful
- 39. FACTS: ➡ Europe isa underestimated startup hub ➡ it is “100% organic and home- grown” ➡ It constantly grew over the past 10 years, despite global financial crisis and rising unemployment ➡ During the same duration, the U.S. created 39 vs. 30 >$1bn tech companies 30 VS. 39
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- 52. „INDUSTRIE 4.0‰? ITÊSENTREPRENEURSHIP, STUPID!
- 53. CHANGE, BEFORE YOUHAVE TO JACK WELCH, former CEO of GE
- 54. why Germany? „Madein Germany‰ Long-term thinking Leading innovation
- 55. 0 22,5 45 67,5 90 1825 1875 19001913 1932 1941 1950 1965 1984 1995 2014 60 years 7-day workweek 6-day workweek 5-day workweek -30% WORK/LIVE
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- 57. 0 12 24 36 2014 2034 -30% in20 yrs!
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- 65. BEST OF “3.0”WORLDS
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