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Entrepreneurship
       Technology
       Innovation

          Rodney Tanner
Knowledge Worker, Brand Planner, Entrepreneur




                                                1)
What we will Cover
• Study Background
• Mexican Business Culture
• Stages of Entrepreneurial Development
• Technology – Opportunity –
  Entrepreneurialism
• Ideas under review.
• Evaluating the ideas


                                          2)
Entrepreneurship in a Changing
            Environment
• Changes in Markets
  – Outsourcing
  – Virtual organizations
  – Market fragmentation




                                    3)
Competitive Advantages of Small
              Business
• Allows a business to compete
  effectively
• Personal relationship with customer
• Ability to innovate
• Flexibility




                                        4)
New Markets
• Green markets
• Market place
• Market space




                        5)
Study Material - In Summary
• Last 15 years have seen big changes
• Big companies do not offer labor
  permanence
• Small companies are abundant
• Outsourcing is growing
• Startups are breaking records



                                        6)
Entrepreneurship - Definition


• Entrepreneurs “create needs”.

• Business people “satisfy needs”.




                                     7)
Stages of Entrepreneurial
                       Development
 Factor-Driven                   Efficiency-Driven                   Innovation-Driven

 From subsistence                Increased                           R&D, knowledge intensity,
 agriculture to extraction       industrialization                   and expanding service
 of natural resources,           and economies of scale.             sector. Greater potential
 creating regional scale-        Large firms dominate,               for innovative
 intensive agglomerations.       but supply chain niches             entrepreneurial activity.
                                 open up for small and
                                 medium enterprises.

Basic Requirements          >   Efficiency Enhancers            >   Entrepreneurship
                                                                    Conditions
                                 South Africa, Tunisia,
 Angola*, Ghana,                 Argentina, Brazil, Chile*,         Israel, Slovenia, Australia, Japan,
 Uganda, Zambia                  Colombia, Costa                    Republic of Korea
 Egypt*, Iran*, Pakistan,        Rica, Ecuador, Mexico,             Belgium, Denmark, Finland,
 Saudi Arabia*, West             Peru, Trinidad and Tobago*,        France, Germany, Greece,
 Bank and Gaza                   Uruguay*                           Iceland, Ireland, Italy, Netherlands,
 Jamaica*, Guatemala*,           Bosnia and Herzegovina,            Norway, Portugal, Spain,
 Bolivia                         Croatia*, Hungary*, Latvia*,       Sweden, Switzerland,
                                 Macedonia, Montenegro,             United Kingdom, United States
   Source: GEM 2010,             Romania, Russia, Turkey,
                                 Malaysia, China, Taiwan*                                           8)
Mexican Business Culture
• Monopolistic thinking
      – Power elites
      – Money, inequality of opportunity
      – Contacts and cronyism
• Conservative – risk averse

                        Satisfaction        Social Equality    Entrepreneurial
                        Dem. Gov. Inst.     Edu. Opportunity      Culture

Uruguay                        80%          Above Ave.            Strong
Lat. Am Ave                    44%             Low                Weak
Mexico                         17%             Low                Weak

Source: GEM 2010, The Economist Nov. 2010
                                                                                 9)
Outsourcing – Beware!

Market Research –
Online Studies 2006 ($ CPI)

USA/UK                                       $12.0
Mexico                                       $ 5.0
Indonesia                                    $ 2.5
India                                        $ 1.0*

* Mexico = Ave. salary $mx2,800, 0% profit


                                                      10)
Google Trends - Mexico




                         11)
T.O.E. Basic Model
Technology               Opportunities        Entrepreneurship
Clever ways to do              What?          How to make money
 things                        Who?           from little or
                               How?           nothing
Creating ideas to:             When?          (Bootstrapping)
• Do new things                Where?
• Do old things better                        Finding customers
• Totally re-invent
          re-             Where do we play?   and keeping them?
  things                  How will we win?
• Technology helps us                         Fulfilling needs
  do things better,           Mission         profitably
  faster and cheaper          Vision          (Marketing)


                         • 80% of businesses fail in the first
                         two years
                         • So how do we avoid failure?
                                                                  12)
Segmentación
                    Demográfico - Valores y Actitudes
                                             SOCIAL

                                                              COMPROMETIDO - 18%
                                                              HyM-25-45, NSE: C típico
                                                              con hijos 7-12 años
            TRADICIONAL - 11%
            HyM-51-60, NSE: Medio
            con hijos grandes




                                                                                               PROACTIVIDAD
                                                         EMPRENDEDOR 1O%
PASIVIDAD




                                    SEGUIDOR - 18%       M-31-40, NSE: Bajo
                                    H-41-50, NSE: Bajo   con hijos pequeños EMPRENDEDOR - 7%
                                    con hijos grandes                       HyM 24-40, NSE: Alto
                                                                            con hijos adolescentes




                                                                    INDIVIDUALISTA - 9%
            ASPIRACIONAL BASICO -27%                                H-24-40,
            HyM-25-34, NSE: Medio                                   NSE: Alto y Medio
            con hijos pequeños                                      con hijos grandes


                                                                             Fuente
                                            INDIVIDUAL
                     56%                                                44%                   13)
                                                  (13)
Social Entrepreneurship

“Doing well by doing good”
                     good”
Africa - India
•   Micro Credits
•   Sanitary protection
•   $1 eye glasses
•   $100 laptops



                                  14)
Electric car charging
stations

  How it works
  • When customers buy an electric car, the car
    company provides them with our contact
    information.
  • We offer the complete installation of the
    charging station, including a special electric line
    from CFE and top of the line charging stations.
  • Our services include maintenance and, if
    requested, upgrades for an extra charge.
                                                          15)
Electric car charging
stations

 • We offer consumers the installation of charging
   stations for electric vehicles, making it easier
   and affordable to own this type of car.
 • In order to see widespread EV adoption, the
   electrical grid must be modernized and charging
   stations must be accessible, quick and easy.
 • Our company offers this possibility, making it easier
   to own an electric car by providing the necessary
   infrastructure and offering the latest technology
   available, allowing faster charging at home and
   on the road.
                                                           16)
Finders Keepers

 • What it is?
  – System cameras and mapping software in real time,
    that takes the number of places available in a parking
    lot and its location as an indication to the user interface
    panels for easy searching.
 • How does it work ?
  – It is an electronic and computer system that tells you
    the location of places available at the time of entering
    the parking panels distributed in the different
    entrances to reduce the search time of a place.


                                                                  17)
Finders Keepers

 • Service business to business.
 • Market approximate size
  –1,216 public parking lots.
  –160,966 parking slots.
 • Location
  –Metropolitan area of Mexico City
 • Income level
  –Parking companies that manage over 100
   parking slots
                                            18)
Finders Keepers

 • Product
  –It will reduce the queue time in the parking lots
  –The costumer will have more time available for
   shopping or doing any desired activity
  –Service Business to Business
  –Service that will
 • Promotion
  –System will be hired to parking companies
   such as Central Parking, Ranver…
  –Principally it will get known by promoting
   directly with the parking business
                                                       19)
Finders Keepers

 • Place
  – Service will be installed upon the needs of the
    costumer
  – Business’ facilities will be used
 • Price
  – Includes CCTV, Electric Panels, illumination for
    each slot, Centralized Programmed computer and
    Installation.
    • From 1-60 spaces
      – 1,500 per slot.
    • From 61-150
      – 1,300 per slot
    • 151 and above
      – 1,000 per slot                                 20)
1- Printing Kiosk
kiosk, self service printer to speed up the printing process in Universities
(student will send me the image of a sketch he showed me today)

                                                                               21)
EBA
 EBA is a software for grocery stores, in which
  the owner and the clerk will be able to:
   • Control the merchandise (when and what to stock).
   • Take care of cash flow (incomes and outcomes).
   • Know which products give more profits.




                                                         22)
ProClean
  • Systematization of ProClean administration
    and selling structure (Proclean is a company
    dedicated to the manufacturing and
    distribution of cleaning products.
  • The company counts with a little factory
    at Cuautitlan Izcalli. In this factory, different
    kinds of cleaning products are produced;
    Floor and clothes detergent, hand soap, etc.)-




                                                        23)
Concept Evaluation
  Concept     Technology Opportunity   Marketing   Outlook

Electric
Charge
Finders
Keepers
Print Kiosk


EBA


ProClean



                                                             24)
Many Thanks!
And I am ready for your
       questions!




   twitter@rodneytanner
                          25)

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Entrepreneurship, Technology and Innovation

  • 1. Entrepreneurship Technology Innovation Rodney Tanner Knowledge Worker, Brand Planner, Entrepreneur 1)
  • 2. What we will Cover • Study Background • Mexican Business Culture • Stages of Entrepreneurial Development • Technology – Opportunity – Entrepreneurialism • Ideas under review. • Evaluating the ideas 2)
  • 3. Entrepreneurship in a Changing Environment • Changes in Markets – Outsourcing – Virtual organizations – Market fragmentation 3)
  • 4. Competitive Advantages of Small Business • Allows a business to compete effectively • Personal relationship with customer • Ability to innovate • Flexibility 4)
  • 5. New Markets • Green markets • Market place • Market space 5)
  • 6. Study Material - In Summary • Last 15 years have seen big changes • Big companies do not offer labor permanence • Small companies are abundant • Outsourcing is growing • Startups are breaking records 6)
  • 7. Entrepreneurship - Definition • Entrepreneurs “create needs”. • Business people “satisfy needs”. 7)
  • 8. Stages of Entrepreneurial Development Factor-Driven Efficiency-Driven Innovation-Driven From subsistence Increased R&D, knowledge intensity, agriculture to extraction industrialization and expanding service of natural resources, and economies of scale. sector. Greater potential creating regional scale- Large firms dominate, for innovative intensive agglomerations. but supply chain niches entrepreneurial activity. open up for small and medium enterprises. Basic Requirements > Efficiency Enhancers > Entrepreneurship Conditions South Africa, Tunisia, Angola*, Ghana, Argentina, Brazil, Chile*, Israel, Slovenia, Australia, Japan, Uganda, Zambia Colombia, Costa Republic of Korea Egypt*, Iran*, Pakistan, Rica, Ecuador, Mexico, Belgium, Denmark, Finland, Saudi Arabia*, West Peru, Trinidad and Tobago*, France, Germany, Greece, Bank and Gaza Uruguay* Iceland, Ireland, Italy, Netherlands, Jamaica*, Guatemala*, Bosnia and Herzegovina, Norway, Portugal, Spain, Bolivia Croatia*, Hungary*, Latvia*, Sweden, Switzerland, Macedonia, Montenegro, United Kingdom, United States Source: GEM 2010, Romania, Russia, Turkey, Malaysia, China, Taiwan* 8)
  • 9. Mexican Business Culture • Monopolistic thinking – Power elites – Money, inequality of opportunity – Contacts and cronyism • Conservative – risk averse Satisfaction Social Equality Entrepreneurial Dem. Gov. Inst. Edu. Opportunity Culture Uruguay 80% Above Ave. Strong Lat. Am Ave 44% Low Weak Mexico 17% Low Weak Source: GEM 2010, The Economist Nov. 2010 9)
  • 10. Outsourcing – Beware! Market Research – Online Studies 2006 ($ CPI) USA/UK $12.0 Mexico $ 5.0 Indonesia $ 2.5 India $ 1.0* * Mexico = Ave. salary $mx2,800, 0% profit 10)
  • 11. Google Trends - Mexico 11)
  • 12. T.O.E. Basic Model Technology Opportunities Entrepreneurship Clever ways to do What? How to make money things Who? from little or How? nothing Creating ideas to: When? (Bootstrapping) • Do new things Where? • Do old things better Finding customers • Totally re-invent re- Where do we play? and keeping them? things How will we win? • Technology helps us Fulfilling needs do things better, Mission profitably faster and cheaper Vision (Marketing) • 80% of businesses fail in the first two years • So how do we avoid failure? 12)
  • 13. Segmentación Demográfico - Valores y Actitudes SOCIAL COMPROMETIDO - 18% HyM-25-45, NSE: C típico con hijos 7-12 años TRADICIONAL - 11% HyM-51-60, NSE: Medio con hijos grandes PROACTIVIDAD EMPRENDEDOR 1O% PASIVIDAD SEGUIDOR - 18% M-31-40, NSE: Bajo H-41-50, NSE: Bajo con hijos pequeños EMPRENDEDOR - 7% con hijos grandes HyM 24-40, NSE: Alto con hijos adolescentes INDIVIDUALISTA - 9% ASPIRACIONAL BASICO -27% H-24-40, HyM-25-34, NSE: Medio NSE: Alto y Medio con hijos pequeños con hijos grandes Fuente INDIVIDUAL 56% 44% 13) (13)
  • 14. Social Entrepreneurship “Doing well by doing good” good” Africa - India • Micro Credits • Sanitary protection • $1 eye glasses • $100 laptops 14)
  • 15. Electric car charging stations How it works • When customers buy an electric car, the car company provides them with our contact information. • We offer the complete installation of the charging station, including a special electric line from CFE and top of the line charging stations. • Our services include maintenance and, if requested, upgrades for an extra charge. 15)
  • 16. Electric car charging stations • We offer consumers the installation of charging stations for electric vehicles, making it easier and affordable to own this type of car. • In order to see widespread EV adoption, the electrical grid must be modernized and charging stations must be accessible, quick and easy. • Our company offers this possibility, making it easier to own an electric car by providing the necessary infrastructure and offering the latest technology available, allowing faster charging at home and on the road. 16)
  • 17. Finders Keepers • What it is? – System cameras and mapping software in real time, that takes the number of places available in a parking lot and its location as an indication to the user interface panels for easy searching. • How does it work ? – It is an electronic and computer system that tells you the location of places available at the time of entering the parking panels distributed in the different entrances to reduce the search time of a place. 17)
  • 18. Finders Keepers • Service business to business. • Market approximate size –1,216 public parking lots. –160,966 parking slots. • Location –Metropolitan area of Mexico City • Income level –Parking companies that manage over 100 parking slots 18)
  • 19. Finders Keepers • Product –It will reduce the queue time in the parking lots –The costumer will have more time available for shopping or doing any desired activity –Service Business to Business –Service that will • Promotion –System will be hired to parking companies such as Central Parking, Ranver… –Principally it will get known by promoting directly with the parking business 19)
  • 20. Finders Keepers • Place – Service will be installed upon the needs of the costumer – Business’ facilities will be used • Price – Includes CCTV, Electric Panels, illumination for each slot, Centralized Programmed computer and Installation. • From 1-60 spaces – 1,500 per slot. • From 61-150 – 1,300 per slot • 151 and above – 1,000 per slot 20)
  • 21. 1- Printing Kiosk kiosk, self service printer to speed up the printing process in Universities (student will send me the image of a sketch he showed me today) 21)
  • 22. EBA EBA is a software for grocery stores, in which the owner and the clerk will be able to: • Control the merchandise (when and what to stock). • Take care of cash flow (incomes and outcomes). • Know which products give more profits. 22)
  • 23. ProClean • Systematization of ProClean administration and selling structure (Proclean is a company dedicated to the manufacturing and distribution of cleaning products. • The company counts with a little factory at Cuautitlan Izcalli. In this factory, different kinds of cleaning products are produced; Floor and clothes detergent, hand soap, etc.)- 23)
  • 24. Concept Evaluation Concept Technology Opportunity Marketing Outlook Electric Charge Finders Keepers Print Kiosk EBA ProClean 24)
  • 25. Many Thanks! And I am ready for your questions! twitter@rodneytanner 25)