gt briefing march 2015 upstarts- driving the entrepreneurial economy

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GT BRIEFING MARCH 2015: UPSTARTS: DRIVING THE ENTREPRENEURIAL

ECONOMY www.globaltrends.com


High employment rates and sluggish economies are increasing the numbers of people turning to the employer

of choice: Myself

(Source: hBp://fundersandfounders.com/what-‐7-‐billion-‐world-‐populaGon-‐does/)


“Access to safe water is a fundamental human need and therefore a basic human right.”

Kofi Annan, Former United NaGons Secretary-‐General

“The challenge of securing safe and plenRful water for all is one of the most daunRng challenges

faced by the world today ”

Ban Ki-‐Moon, United NaGons Secretary-‐General

ShiSing mindsets and technological advances make it easier, faster and cheaper to realize the entrepreneurial

dream







New innovaRve business models are developing changing the world of entrepreneurship

Venture builders Pulling together a number of business ideas from across a network of resources, assigning

internal teams to develop them and sharing

resources

Social entrepreneurs Breaking down the walls

between the non-‐profit and the for-‐profit world

The sharing business Allowing individuals to benefit from an exploding number of choices to meet their needs







The fast-‐growing crowdfunding and peer-‐to-‐peer lending industry means geYng funding is easier and quicker

THINK

Peerbackers, SoMoLend and MicroVentures.


Entrepreneurial hubs help new ventures to get started

Google for Entrepreneurs CommuniGes and creaGve spaces for entrepreneurs to

learn and work in 125 countries

NaiLab Supports several startups on-‐

site and more virtually (Nairobi, Kenya)

Packard Place A hotspot for

entrepreneurship built for entrepreneurs by

entrepreneurs (CharloBe, US)

Communitech Founded by entrepreneurs,

has helped more than 1,000 firms

(Toronto, Canada)

Entrepreneurial

Hubs


But the entrepreneurial marketplace is highly compeRRve and the success rate for the hopeful varies

“Twice as many successful entrepreneurs are over 50 as under 25. The vast majority – 75% – have more than six

years of industry experience, and half more have more than 10 years when they create their start up.”

(Excerpt from Harvard Business Review

blog "Entrepreneurs Get Becer with Age”)


For the next generaRon of entrepreneurs, educaRon is a necessity for success – teaching entrepreneurship has really

come of age

1985

2008

Today


However, it is criRcal to establish entrepreneurial educaRon at all levels of the educaRonal system

(Source: hBp://archive.ja-‐ye.org/Download/jaye/JA-‐YE_fact%20sheet%202014_single%20page.pdf

JA-‐YE Europe reaches 3.2 million students per year in 40 European countries


The lone entrepreneur, with nowhere to go, is increasingly a myth: Help is just around the corner to catalyse ideas and

build networks

•  Startup Weekends •  Startup FesRvals •  InnovaRon labs •  Incubators •  Makerspaces •  Accelerators •  Hackathons

THINK


Experienced entrepreneurs get access to knowledge and relaGonships through Coca-‐Cola

Coca-‐Cola gain early access to new markets with proven growth

opportuniGes through experienced entrepreneurs

Some entrepreneurs and tradiRonal corporaRons work hand-‐in-‐hand to create new businesses


While other corporates build networks and incubators to tap into the resources and ideas of the entrepreneurial world

The Target Accelerator Program at Target India incubates tech startups for six months on their own campus in Bangalore. Working alongside the Target development team, these

startups are innovaGng the future of shopping experiences.

The Sanofi Sunrise IniRaRve has enlisted the capabiliGes and resources of venture

capitalists and entrepreneurs to systemaGze the innovaGon

process at Sanofi.

Corporates + Entrepreneurs Two different worlds or a new way to energize

innovaRon?


How will the entrepreneurial economy impact your organizaRon

and industry?

Read the full briefing: Upstarts: Driving the Entrepreneurial Economy on hcp://www.globaltrends.com/monthly-‐briefings/60-‐monthly-‐briefings/219-‐gt-‐briefing-‐march-‐2015-‐upstarts-‐driving-‐

the-‐entrepreneurial-‐economy

In March, look out for trends in acRon on The Future of Money


This presentaRon is adapted from the GT Briefing March 2015: Upstarts: Driving the Entrepreneurial Economy. Electronic copies of the briefing and of our The Global Trends Fieldbook: From Data to Insights to AcRon are available on www.globaltrends.com, and printed copies of The Global Trends Fieldbook and The Global Trends Report can be purchased on Amazon.com and Amazon’s European sites. Don’t forget to register at www.globaltrends.com now to make sure you don’t miss our next monthly briefing (they are free)!

gt briefing march 2015 upstarts- driving the entrepreneurial economy

Business

safe water

plenrful water

challenge of securing

fundamental human need

prot world

basic human right

entrepreneurs communiges

entrepreneurs charlobe