Unleashing local entrepreneurial talents through
 design thinking and entrepreneurial thinking


                 Jeong Tae Kim
who has more sustainable solutions?




                        office / biz. school

  field
Martin, 18 year old
“solar-powered
mobile theater”
w/ initial investment
Malawi, 2011
value proposition


   We unleash and accelerate entrepreneurial talent
          in least developed countries through
 mobile incubation centre and mobile marketing centre.
methodology: integrated empowerment

   Design    Entrepreneurial                   Investment &
  thinking       thinking                       consultancy

                                                     Best practice
                                                      replication



                                   Micro-
                               entrepreneurs

                               Sales-persons
activities: mobile incubation centre


                             1
                                 Mobile Incubation
                                   Centre (MIC)

                             2
                                 Mobile Marketing
                                  Centre (MMC)
1   mic: empowering entrepreneurs

     Design thinking     Entrepreneurial thinking
      - human-centered    - problem-based
      - empowered         - business Idea game




                                                    Incubation




       biz students



                                                    Consultancy
Malawi, 2012
Malawi, 2012
activities: mobile marketing centre


                             1
                                 Mobile Incubation
                                   Centre (MIC)

                             2
                                 Mobile Marketing
                                  Centre (MMC)
2   mmc: training sales-persons




                                            Sales activities
                                            - Generating income
            Sales training
             - Products like eye glasses,
            children books, etc
Training local people
as sales-persons of BOP-
targeted proven products


USA, 2012
Microwork mobile application:
finalist at a World Bank competition




                                           Field-testing and
                                       prototyping products
                                           being developed
Malawi, 2012
entrepreneurship on the move presents
theory of change

    OUTPUT         Increased
                   opportunity to       IMPACT
  # biz ideas      earn cash
  generated by
  locals                            Improved quality of
                   Reduced
                   dependency on    life in least
  # biz students   outside          developing countries
  with hands-on    assistance       through sustainable
  experience
                   OUTCOME          business that
  # local people                    engages and benefits
  trained as                        communities
  salespersons
business model
  Customers
  • business schools or institutions
  • social enterprises with products for BOP
  Beneficiaries
  • local people and participating biz students

revenue stream (per country per year)
  Cost $50K (excluding one-off cost for buying a bus)
  • staff salary / fuels / investment, etc.
  Profit $120K
  • service fee ($10K per service) / sales of products
where we are: resources
  • Pilot-tested with $10K grant
  • Access to Millennium Villages in Africa
  • Partnership with organizations including
    Vision Spring, Books International, etc
  • Existing teams & office in Malawi and Korea
  • Invited to HK by one of top 100 MBA schools

what we need: further resources
  • $200K (for, among others, purchasing buses)
  • Connection to biz schools
thank you and invite you all to




          story.wins@gmail.com

Entrepreneurship on the Move (unleashing local entrepreneurship through mobile incubation centre)

  • 1.
    Unleashing local entrepreneurialtalents through design thinking and entrepreneurial thinking Jeong Tae Kim
  • 2.
    who has moresustainable solutions? office / biz. school field
  • 3.
    Martin, 18 yearold “solar-powered mobile theater” w/ initial investment
  • 4.
  • 5.
    value proposition We unleash and accelerate entrepreneurial talent in least developed countries through mobile incubation centre and mobile marketing centre.
  • 6.
    methodology: integrated empowerment Design Entrepreneurial Investment & thinking thinking consultancy Best practice replication Micro- entrepreneurs Sales-persons
  • 7.
    activities: mobile incubationcentre 1 Mobile Incubation Centre (MIC) 2 Mobile Marketing Centre (MMC)
  • 8.
    1 mic: empowering entrepreneurs Design thinking Entrepreneurial thinking - human-centered - problem-based - empowered - business Idea game Incubation biz students Consultancy
  • 9.
  • 10.
  • 11.
    activities: mobile marketingcentre 1 Mobile Incubation Centre (MIC) 2 Mobile Marketing Centre (MMC)
  • 12.
    2 mmc: training sales-persons Sales activities - Generating income Sales training - Products like eye glasses, children books, etc
  • 13.
    Training local people assales-persons of BOP- targeted proven products USA, 2012
  • 14.
    Microwork mobile application: finalistat a World Bank competition Field-testing and prototyping products being developed Malawi, 2012
  • 15.
  • 16.
    theory of change OUTPUT Increased opportunity to IMPACT # biz ideas earn cash generated by locals Improved quality of Reduced dependency on life in least # biz students outside developing countries with hands-on assistance through sustainable experience OUTCOME business that # local people engages and benefits trained as communities salespersons
  • 17.
    business model Customers • business schools or institutions • social enterprises with products for BOP Beneficiaries • local people and participating biz students revenue stream (per country per year) Cost $50K (excluding one-off cost for buying a bus) • staff salary / fuels / investment, etc. Profit $120K • service fee ($10K per service) / sales of products
  • 18.
    where we are:resources • Pilot-tested with $10K grant • Access to Millennium Villages in Africa • Partnership with organizations including Vision Spring, Books International, etc • Existing teams & office in Malawi and Korea • Invited to HK by one of top 100 MBA schools what we need: further resources • $200K (for, among others, purchasing buses) • Connection to biz schools
  • 19.
    thank you andinvite you all to story.wins@gmail.com