The document discusses how the modern economy has shifted from one based on factories, investors, and workers to one driven by ideas, entrepreneurs, and new technologies. It notes that now individuals no longer need wealth, land, or factories to succeed - they just need a great idea, a mobile phone, and a small space like a garage to get started. Several statistics are given showing high and increasing rates of new business formation and self-employment in the UK. It concludes that the 21st century business environment of coffee shops and online connectivity mirrors the "Penny Universities" of the 17th century that drove ideas and innovation and led to the Industrial Revolution.

2. “…the
factory, the
investors, the
workers –
obsolete.
In the IDEAS AGE
all you need is a
garage, a mobile
phone and … ]
a great idea……. ”

3. ENTREPRENEURS
What’s different to the last few hundred years?
“We do business in a world where no longer do you have to
be born into wealth or own land or factories to make
your fortune.”

4. The ENTREPRENEURIAL REVOLUTION
1. UK is a country of innovators, artisans
and entrepreneurs
2. Its the easiest country in the world to
start a business One click / no cost
3. The Ideas Economy is here & free
trade routes to global wealth via the
Internet
4. Premium British Brand
5. The TRUST Era – kind capitalism and
collaboration
6. THE MONEY STAYS HERE…..

5. The Numbers
• Well over a 1000 people a
1000 people a day starting
day are starting a business
businesses
• 85% of the new
employment in the last
quarter was SELF
employment
• In Telford April – June 2012
the highest number of start
ups on record
• Over the next decade self
employment will become
‘mainstream’

6. RICH LIST NOW dominated
by NON INHERITED wealth
20 years ago the richest man
in the world was SULTAN OF
BRUNEI from inheritance and
oil
TODAY
1. Telecoms in Mexico
2. Stocks Dealer
3. Shares Dealer
4. Steel Magnate
ALL self made in 2 decades
Fact:
REVOLUTION OF
OPPORTUNITY
APPLE INC 40 YEARS OLD
HAS MORE CASH IN THE
BANK THAN THE US
GOVERNMENT

8. People Power
SMEs wealth stays in BRITAIN

9. Boom - not Gloom
BOOM BRITANNIA!
A NATIONBoom Britannia!
OF ENTREPRENEURS

10. GENERATION Y
The Entrepreneurial
Generation
They have little choice
Changing Lives NOW!
13th November 2012

11. “ 21st century "business coffee culture" is just a
hark back to the so-called Penny Universities of
17th century England, where for one penny
customers could sit and join in the stimulating
conversation with the great thinkers of the day.
It was this interaction that produced ..
an Industrial Revolution that shook the world ”

12. @HubWorker