Presentation to NZCETA Annual Conference July 2013. The most powerful economic force in the 21st Century will be entrepreneurship, and today's high school students are better placed than ever to take advantage of this. In the past, the entrepreneur has been regarded as an outlier or a misfit in the education system. In the future a much greater proportion of high school students will be considering starting up as a career option, and the system needs to respond to remain relevant.

1. Preparing for a new entrepreneurial economy
2013 NZCETA Annual Conference

2. What is your image of an entrepreneur?

3. The child prodigy?
Summly. Sold for $30m

4. he high school drop out?
Tumblr. $250m

5. It’s happening everywhere.
Avos. San Mateo, Beijing, Dunedin

6. In all spheres.
Social innovation

7. And probably in a classroom near you…

8. What’s going on?

9. Technology

10. Innovation generation

11. NZ needs entrepreneurs

12. US$30bn gap

13. Work hard, earn less

14. Scientific Papers
Published
Patents
Issued
New Zealand 1.0 0.03
Finland 1.4 0.26
US 0.9 0.15
Per annum per 1000 of population
Great researchers, poor commercialisers

15. The version of twentysomething
womanhood being reflected back at
us in 2012 isn’t dressed in
Louboutins, busy ball-breaking in
boardrooms: she’s eating cereal, in
her pants, in her parents’ basement
… One [US] survey suggested up to
85% of new graduates in 2011 were
likely to move back in with their
parents. In the UK, where youth
unemployment is at an
unprecedented one million, it’s
estimated at 27%.”
– the Guardian.

16. We know how to do it

17. IDEA
SEARCH
SCALE
A start up is not a
small version of a large business…..
…it is a temporary organisation in search of
a repeatable, scalable business model
Steve Blank

18. drrobadams.com

19. Theleanstartup.com

21. Successful models

22. Long tail

23. Crowdsourcing

24. Collaborative consumption

25. Unbundled

26. Freemium

27. Multi sided platforms

28. Recalibrating our image of the entrepreneur

29. “If you’ve got them by the
balls, their hearts and minds
will follow.”
“There is no passion to
be found playing small -
in settling for a life that
is less than the one you
are capable of living.”
The hero

30. The geek

32. Lone wolf Collaborative
Tenacious
Resilient
Resourceful
Omniscient
Visionary Purposeful
Goal oriented
High EQ
Win lose negotiator Win win negotiator
Continuous learner
Force of idea
Focus on customer
High charisma
21st century entrepreneur20th century entrepreneur

33. we can’t ignore them anymore

34. Encouraging an entrepreneurial mind-set

35. Enterprise pathways
Secure
Want a career
Independent
Want to forge
their own
future
Innovative
Want to ‘change
the game’
Inventive
Want to invent and
discover
Start and run a
business using
proven business
models
Start something
using new business
models and/or new
products or services
Research/invent
new ideas, products,
services that other
people utilise
Take position within
stable industry
Take position within
young company or
dynamic industry
Buy stake in a
franchise or existing
business

36. startupweekend.org

37. Entrepreneurship is a
philosophy not a course
- Ricardo Sousa

38. Start with problems

39. Wherever there’s a trend….

40. “don't visualize success,
do care what others think,
and always sweat the
small stuff"
….there’s a counter trend

41. Learn to evaluate ideas

42. Develop a Masterchef mentality

43. Find your tribe

44. Trial and learn, trial and learn

45. Above all.....Just do it

47. Thank you
steve@upstart.org.nz