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So you wanna be an entrepreneur (Alberta perspective)

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The four dimensions of being an entrepreneur:
- The Magic of Hope
- The Reality of Revenue
- The Winds of Change
- The Power of People

Published in: Leadership & Management
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So you wanna be an entrepreneur (Alberta perspective)

  1. 1. So You Wanna Be An Entrepreneur? An Alberta Perspective Stephen King President www.stephdokin.com www.cmo4hire.com stephen@cmo4hire.com @stephdokin info@cmo4hire.com Twitter: @CMODragonfly Instagram: @CMO4Hire facebook.com/cmo4hire linkedin.com/company/cmo4hire This presentation found at: www.stephdokin.com/alberta-entrepreneur
  2. 2. Today’s Chat THE MAGIC OF HOPE THE REALITY OF REVENUE THE WINDS OF CHANGE THE POWER OF PEOPLE
  3. 3. THE MAGIC OF HOPE
  4. 4. My Google Pixel XL is 5,000,000 % faster than my old Atari 400 computer
  5. 5. 33 years of turning bits into gold with great teams
  6. 6. Since 2008 Co-Founder, Director Co-Founder
  7. 7. Or a guitar hero? Do you want to be a guitar player?
  8. 8. THE REALITY OF REVENUE
  9. 9. A business without revenue is just a hobby Money is the reason we get to continue to do what we do.
  10. 10. Only 2 Types of Businesses Vitamin: Create opportunity for your customers Pain pill: Reduce time or expenses for your customers
  11. 11. How much can you charge for it? The MOST important question to answer. What CASH transaction will occur so your company can make revenue?
  12. 12. $1.50 Salt
  13. 13. $30 Salt
  14. 14. $1.59 Coffee
  15. 15. $5 Coffee $4.59 Coffee
  16. 16. How long until you’ve “made it?” Income = $ per transaction X # of transactions Expenses: Product development. Marketing. Service. Plan for a salary for yourself, too. Funding: Either investment of $$$ or time
  17. 17. THE WINDS OF CHANGE
  18. 18. “Skate to where the puck is going to be.” Wayne Greztky
  19. 19. Genetics (DNA) Alternate energy Nanomedics (medical nanotechnology) Vertical urban farming Artificial Intelligence (A.I.) Virtual reality experience designer Smart home & technicians Robotics / Drones Internet of Things Senior / health care 3D printing Synthetic biology / growing organs Fitness & nutrition specialists Computer / IT / Mobile programming Big data / Predictive Analytics (statistics) International law Digital Marketing change
  20. 20. 1 1373 tech companies (up 48% from 735 in 2012) AEC Alberta Deal Flow Study http://www.alberta- enterprise.ca/?page_ id=1150 2 30% Alberta Investment Tax Credit in 2017 The AITC will offer a 30 per cent tax credit over two years to investors who provide venture capital to Alberta companies such as information technology, clean technology, health technology, interactive digital media and game products, and post-production, visual effects and digital animation sectors. 3 New $10M Accelerate II fund, $1.5M digital media grant, ATB, Alberta Innovates More public and private funding available in 2017, incubators & accelerators AMAZING TIME TO BE IN ALBERTA @the_a100
  21. 21. ALBERTA TECH SUCCESS
  22. 22. THE POWER OF PEOPLE
  23. 23. startupcalgary.ca
  24. 24. startupedmonton.com
  25. 25. startupcan.ca
  26. 26. thechicgeek.ca
  27. 27. calgarygame developers.com
  28. 28. GET INVOLVED ● SPREAD THE WORD ● CONNECT LOCALLY & GLOBALLY
  29. 29. atbboostr.ca
  30. 30. Innovatecalgary.com
  31. 31. albertainnovates.ca
  32. 32. thea100.org
  33. 33. “I am a great believer in luck, and I find the harder I work the more I have of it.” ~ Thomas Jefferson
  34. 34. What will you create? Stephen King www.stephdokin.com stephen@stephdokin.com @stephdokin www.cmo4hire.com info@cmo4hire.com Twitter: @CMODragonfly Instagram: @CMO4Hire facebook.com/cmo4hire linkedin.com/company/cmo4hire

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