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Dorothy Engelman
Co-Owner, Sr. Partner
Innovation (social or not)

Innovation is a formula with no
right or wrong answers. So while
it’s based on math, for me, it’s
really a mysterious alchemy of…
n

A+T+RN
  =SI
A= Accidents
T= Timing
   n
RN = Relationship
between nature to the
power of nurture
= SI Innovation or social
innovation
A= Accidents
T= Timing
n
            RN =
Relationship between nature
to the Power of n: nurture
Starting q media with my husband
 which lead to development of our
           business model




= SI Social Innovation
7?’s
7 Lessons
Question 1
What is the value of your
          idea?
 If you build it will they
         come?
Lesson 1:
  The idea is not the big
          idea.
Execution is the big idea.
 Execution makes the big
     idea successful.
Question 2
Is there an entrepreneur
      in your DNA?
Lesson 2:
 Know yourself and figure out who
  and what skills/expertise you are
    missing. Age? Experience?
    Or someone that balances or
complements you for, or against risk.
Question 3
What is your risk
 tolerance?
Lesson 3:
  You have to take risks, emotional,
 personal, professional and financial
risks to build a business, or create an
               innovation.
Question 4
   Do you have the
perseverance to make it
  over the long-haul?
Lesson 4:
It’s hard. It’s okay,it might
 take you 2 or 3 attempts
before you find your way.
Question 5
Do you know how to
   collaborate?
Lesson 5:
 Collaborating internally and with
 like-minded partners is critical to
   succeed in a social enterprise.
Funding /Outreach /Sustainability
Engage all potential stakeholders
        Private/Public/NFP
Question 6
Do you know why you want to start
          a business?
   What do you want from the
           business?
Lesson 6:
  Before you start a venture with
 group, or on your own, reflect on
your own values. Know what you
  want out of the business. Fame?
   Fortune? Change the world?
Question 7
What kind of business do you want
to build? What kind of culture do
       your want to create?
Lesson 7:
 It’s not personal. It’s business.
        Wrong. Ridiculous.
Your enterprise is an extension of
 who you are and your values.
Conditions for Success
     1. Technology.
     2. Network.
     3. Team.
     4. Research.
     5. Resources.

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Lived it Lecture with Dorothy Engelman: Entrepreneurship 101

  • 1.
  • 3. Innovation (social or not) Innovation is a formula with no right or wrong answers. So while it’s based on math, for me, it’s really a mysterious alchemy of…
  • 5.
  • 6. A= Accidents T= Timing n RN = Relationship between nature to the power of nurture = SI Innovation or social innovation
  • 9. n RN = Relationship between nature
  • 10. to the Power of n: nurture
  • 11. Starting q media with my husband which lead to development of our business model = SI Social Innovation
  • 13. Question 1 What is the value of your idea? If you build it will they come?
  • 14. Lesson 1: The idea is not the big idea. Execution is the big idea. Execution makes the big idea successful.
  • 15. Question 2 Is there an entrepreneur in your DNA?
  • 16. Lesson 2: Know yourself and figure out who and what skills/expertise you are missing. Age? Experience? Or someone that balances or complements you for, or against risk.
  • 17. Question 3 What is your risk tolerance?
  • 18. Lesson 3: You have to take risks, emotional, personal, professional and financial risks to build a business, or create an innovation.
  • 19. Question 4 Do you have the perseverance to make it over the long-haul?
  • 20. Lesson 4: It’s hard. It’s okay,it might take you 2 or 3 attempts before you find your way.
  • 21. Question 5 Do you know how to collaborate?
  • 22. Lesson 5: Collaborating internally and with like-minded partners is critical to succeed in a social enterprise. Funding /Outreach /Sustainability Engage all potential stakeholders Private/Public/NFP
  • 23. Question 6 Do you know why you want to start a business? What do you want from the business?
  • 24. Lesson 6: Before you start a venture with group, or on your own, reflect on your own values. Know what you want out of the business. Fame? Fortune? Change the world?
  • 25. Question 7 What kind of business do you want to build? What kind of culture do your want to create?
  • 26. Lesson 7: It’s not personal. It’s business. Wrong. Ridiculous. Your enterprise is an extension of who you are and your values.
  • 27. Conditions for Success 1. Technology. 2. Network. 3. Team. 4. Research. 5. Resources.