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10 Lessons for Building an Entrepreneurial Ecosystem in Your Community

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10 Lessons for Building an Entrepreneurial Ecosystem in Your Community

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I have spent the last 8 years living in Tulsa, Oklahoma after moving from my hometown of San Jose, California. Following a Mayoral appointment to Chair of Entrepreneurial Initiatives at the City of Tulsa in 2006, a small team of us began the process of actively building an entrepreneurial ecosystem. This Slidedeck shares some of the lessons I have learned from the process. Please feel free to contact me to learn more.

I have spent the last 8 years living in Tulsa, Oklahoma after moving from my hometown of San Jose, California. Following a Mayoral appointment to Chair of Entrepreneurial Initiatives at the City of Tulsa in 2006, a small team of us began the process of actively building an entrepreneurial ecosystem. This Slidedeck shares some of the lessons I have learned from the process. Please feel free to contact me to learn more.

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10 Lessons for Building an Entrepreneurial Ecosystem in Your Community

  1. 1. 10 Lessons For Building An Entrepreneurial Ecosystem In Your Community by Sean Griffin Entrepreneurial Catalyst Dude @seankgriffin
  2. 2. A Global Movement Is Brewing
  3. 3. Entrepreneurship = Freedom
  4. 4. Entering 6th Year Of Conscious Ecosystem Development In Tulsa
  5. 5. Learning Through Experimentation
  6. 6. Lesson #1 Act With An Entrepreneurial Mindset Be An Entrepreneurial Ecosystem StartUp.
  7. 7. Lesson #2 Work With A Small Dedicated Team Focus On Human Capital Development & People Collecting.
  8. 8. Lesson #3 Let Entrepreneurs Lead Entrepreneurs Know What Entrepreneurs Need.
  9. 9. Lesson #4 Tailor To Strengths Of The Region Don’t Try To Be Silicon Valley or Something You Are Not.
  10. 10. Lesson #5 Focus On The Needs Of Entrepreneurs Meet Entrepreneurs Where They Are In Their Business Building Cycle.
  11. 11. Lesson #6 Engage & Enroll Service Providers Get As Many People On Board As Possible.
  12. 12. Lesson #7 Bottom Up, Not Top Down You Cannot Oversight or Umbrella Entrepreneurs.
  13. 13. Lesson #8 Business Model Coaching & Mentoring Coach Bootstrapping, Lean, & Accelerate To Market Techniques.
  14. 14. Lesson #9 Recognize & Reward Entrepreneurs Promote Entrepreneurial Behavior. Entrepreneurs Grow Entrepreneurs.
  15. 15. Lesson #10 Not All About Technology Companies Help Non-Tech Companies Use Technology For Increased Competiveness.
  16. 16. From 1980–2005, Firms Less Than Five Years Old Accounted For All Net Job Growth In The United States. Business Dynamics Statistics Briefing: Jobs Created from Business Startups in the United States, January 2009
  17. 17. New Companies Add An Average Of 3 Million Jobs In Their First Year, While Older Companies Lose 1 Million Jobs Annually. The Importance of Startups in Job Creation and Job Destruction, July 2010
  18. 18. 565,00 New Businesses Are Created Each Month. 3,000 Of These Are High Growth Companies. At The End Of The Year Only 300 Are Still Operating. At The End Of Five Years Only 30 Are Operating. Kauffman Index of Entrepreneurial Activity 1996-2010, March 2011
  19. 19. Stop Talking. Start Doing!
  20. 20. Sean@BizXe.com @SeanKGriffin

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