entrepreneurial spirit - Unreasonable Institute
Transcription
entrepreneurial spirit - Unreasonable Institute
ENTREPRENEURIAL SPIRIT A Guide Book for Social Entrepreneurs July, 2012 Tom Suddes | O.G. | Coach forimpact.org [email protected] unreasonable_workbook_070512 ENTREPRENEURIAL SPIRIT “A SOCIAL ENTREPRENEUR CHANGES THE PERFORMANCE CAPACITY OF SOCIETY.” – Peter Drucker “SOCIAL ENTREPRENEURS are TRANSFORMATIVE FORCES... people with new ideas to address major problems... who are relentless in pursuit of their visions... who simply will not take ‘no’ for an answer... who will not give up until they have spread their ideas as far as they possibly can.” – Author David Bornstein How To Change The World “SOCIAL ENTREPRENEURSHIP focuses on changing the underlying dynamics that created the demand for the service (solution) in the first place.” – Paul Light “ENTREPRENEURS are INNOVATORS who drive CREATIVE DESTRUCTION.” – 20th Century Economist Joseph Schrumpter “The ENTREPRENEUR always searches for CHANGE, responds to it, and exploits it as an OPPORTUNITY to create VALUE.” – Über Management Guru, Peter Drucker “The heart of ENTREPRENEURIAL management is the pursuit of OPPORTUNITY without regard to RESOURCES CURRENTLY CONTROLLED.” – Harvard Business School’s Howard Stevens “The reasonable man adapts himself to the world; the UNREASONABLE one persists in trying to adapt the wold to himself. Therefore all progress depends on the UNREASONABLE man.” – George Bernard Shaw “You can’t SOLVE the problem if you are playing by the RULES.” – Paul Arden Entrepreneur: “A French word for ‘UNDERTAKES.’” – Webster Entrepreneur: “A French word for ‘FOOL.’” - Suddes Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 1 ENTREPRENEURIAL SPIRIT ‘UNTEMEHER’ Performance Changers! Transformative Forces! Creative Destructors! Value Creators! Opportunity Exploiters! Unreasonable! Rule Breakers! Solutions-Driven! Focuses On Strengths! Embraces Failure! Attitude! Passion! Enthusiasm! Risk Takers! Innovators! Love What They Do! Live What They Love! 2 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT The Old Guy’s The Old Guy’s ENTREPRENEURIAL JOURNEY April 1996, Success/Opportunity TRIP AROUND THE WORLD Helping 3rd World Micro-Entrepreneurs!!! !"#$%&'(')*++,$'('-%&,$'('.$%/#$&0+1'('210'!1,#,33,%0+'('45*+67$#,$8 9:;<<<'=,#0+>'':9'?$@+>''A'5##BC,/16'!#$%0+'D'27$,%+>''C"'?,/%,6$7,0+>''E*+6'-%F70&,G#0'!0"3#0'H,61'?,/%,6@> Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 3 ENTREPRENEURIAL SPIRIT The Old Guy’s ENTREPRENEURIAL JOURNEY 4 ‘65 I5C?JK5!LMKNCK)L2L ‘Tom and a Truck’ ‘78 52OIL2-K'KIP. -%&,$%$'561#06,F'K#*G ‘79 )L5I'LJ252L'?LQLIN!=LC2 Shannon Development Company ‘79 )L5I'LJ252L'.)NRL)5SL J1$%%"%')0$#6@'K"T3$%@ ‘79 )L5I'LJ252L'-CQLJ2=LC2J 2>L>J>'-%U0+6T0%6+ ‘79 KNCJ2)PK2-NC'KN=!5CV .>'?>'I,%�'-%F> ‘79 =5C5SL=LC2'KN=!5CV Meghan Management Company ‘79 IL5J-CS'KN=!5CV R077@'I0$+,%/ ‘80 WI-SO2'KN=!5CV Suddes Aviation ‘80 52OIL2-K'KIP. L$+6'.$%X'561#06,F'K#*G ‘80 )LJ25P)5C2 )$YY076@+ ‘83 KNCJPI2-CS'KN=!5CV The Suddes Group ‘84 JNW2Z5)LM?525.5JL'=5C5SL=LC2 Money Maker ‘95 IL5?L)JO-!'2)5-C-CS'KN=!5CV Eagle Creek Leadership & Challenge Co. ‘96 52OIL2-K'KIP. .$@H,%&+'561#06,F'K#*G ‘98 CNC!)NW-2'2LKOCNINSV Eagles.Net ‘99 )LJ25P)5C2 O,/1#$%&')"$&+,&0'2$U07% ‘00 CNC!)NW-2'JNIP2-NCJ Atlas/Eagles.Net ‘01 KO5CSL'2OL'ZN)I? W"7'-T3$F6'['210'J*&&0+'S7"*3 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 5 ENTREPRENEURIAL SPIRIT ALTITUDE FRAMEWORK !"#$%&'()(*+,%-.-/01%2"#$%&(()(*+,3 30,000’ THE WHY PURPOSE VISION 14,000’ THE WHAT PRIORITIES STRATEGY 3’ THE HOW PLAN EXECUTION 6 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT CHANGE THE WAY YOU THINK “CHANGE your THOUGHTS and you can CHANGE the world” – Norman Vincent Peale “The world we have created is a product of our THINKING” – Albert Einstein “THINKING is hard work. It’s why so few people do it.” –Henry Ford Sacred Cows/Baggage Connect the dots with 4 straight lines... without lifting your pen from the paper. Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 7 ENTREPRENEURIAL SPIRIT POINT OF VIEW “No money. No mission.” “No mission. No money.” ‐ Covey Size & Scope of IMPACT ‐ Suddes Size & Scope of DETERMINES INCOME 4"55#67/80-%49-8$92:%4"6/71-92:% 4"5;-9976<92:%4"61710-6092:%4"6=76/76<92 = CONFIDENCE ARTICULATE your MESSAGE PRESENT the OPPORTUNITY ENGAGE your ‘AUDIENCE’ to QUALIFIED PROSPECTS TELL your STORY 5G,#,6@'6" to FUND YOUR VISION. !"#>$-%76%?&',?3%@-0%"=-$%703 JUST ASK. JUST ASK. JUST ASK. 8 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT SOCIAL ENTREPRENEUR’S MASTER CHECKLIST 1. %&61A-$ Entrepreneur’s 3 BIG QUESTIONS. 4‘WHY’'$70'H0',%'.*+,%0++\'‘WHAT’ .*+,%0++'$70'H0',%\' ‘HOW’'&"'H0'T$X0'T"%0@\8 2. Embrace the ENTREPRENEUR’S MANTRA. 421,%X'BIG. Build SIMPLE. Act NOW>8 3. Embrace the ENTREPRENEUR’S MODEL. 4=>->2>'M'!>J>L8'=$7X06'4!7"G#0T8>'-&0$'4J"#*6,"%8>'20$T'4L]0F*6,"%8> 4. %?75;97B2 your MESSAGE. 4V"*7'VISIONMV"*7'PURPOSE...on a NAPKIN>8 5. Create POWERFUL STORIES. 4YOUR story. The MARKET story. The SOLUTION'+6"7@>8 6. %+-=-9"; your BUSINESS MODEL. 4NOT'$'^.*+,%0++'!#$%_>'Q,+*$#'D'Q,+F07$#>8 7. Do the MATH. 4)0U0%*0ML]30%+0+>'P+0'"Y'W*%&+>'JF$#0'D'S7"H'C*TG07+>8 8. Create an ENGAGEMENT TOOL. 4NOT'$'!"H07!",%6'370+0%6$6,"%>8 9. %+-C6- the IDEAL INVESTOR PROFILE. 45%/0#+>'K1$T3,"%+>'!$76%07+>8 10. JUST ASK!!! 4E*+6'5+X>'E*+6'5+X>'E*+6'5+X>8 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org US: LOVE! N O * B 1$6'@"*' H LIVE' 9 ENTREPRENEURIAL SPIRIT ENTREPRENEURIAL MANTRA THINK BIG. BUILD SIMPLE. ACT NOW. “Let’s make a dent in the universe.” “Simplify. Simplify. Always simplify.” “ENGAGE, then plan.” – Steve Jobs “VISION without ACTION is hallucination.” 10 – Thomas Edison – Andy Grove – Thoreau “My dreams are worthless. My goals are impossible. All are of no value unless followed by ACTION. I will ACT NOW.” “We can’t cross the sea by merely staring into the water.” – Rabindranath Tagore – Og Mandino Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT THE PARADOX (SIX MYSTERIES OF THE ENTREPRENEURIAL WORLD) “The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth.” – Neils Bohr “The test of first/rate intelligence is the ability to hold two opposing ideas in mind at the same time … and still retain the ability to function.” – F. Scott Fitzgerald ,60$-;$-6-#$1%6--D%0"%E8986/-%FG(HI&J+%K=13%,)(H,LIGLM3 N)?)GJIOG4*? Heart/Hand Chaos/Organization Art/Science Think/Act )0$&M?" Solo/Connections -TT0$+*7$G#0M=0$+*7$G#0 Heart/Head Soft/Hard ',&+,L?H)PI MANAGEMENT Eagles/Ducks Mind Map/Structure W7"%6'NY`F0M.$FX'NY`F0 .O5SJMR$,a$% Equity/Paycheck Generalists/Specialists Hunter/Farmer Pioneer/Settler ?P,,+IP&(),J4, +,?)@JIF*)'+ Sprint/Marathon -%60%+0MK$#T C06'2,T0M)0$#'2,T0 Sales/Marketing K17"%"+MR$,7"+ Western/Eastern W#0],G,#,6@M!#$% Projects/Process Monomaniac/Balance -&0$+ML]0F*6,"% Form/Function Mind Map/Code Prototype/Product Practice/Perform Failure/Success @LGQ(HIPLGO)( -!NMI,Y0+6@#0 L@0G$##+MJ*G+F7,G07+ Free/Pay Brand/Performance L]607%$#'W*%&,%/M-%607%$#'W*%&,%/ !*G#,FM!7,U$60' H)@H%(,4HIH)@H%(G*4H On-Line/Off-Line Pure Play/Brick & Mortar BOTS/Human Contact J"Y6H$70'J*33"76MK*+6"T07'J*33"76 Products/Services [*Serducts & Provices] “The ‘SOFT STUFF’ is usually the ‘HARD STUFF’.” – Tom Peters Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 11 ENTREPRENEURIAL SPIRIT BZ MODEL MARKET IDEA (PROBLEM) TEAM (SOLUTION) (EXECUTION) (' The Opportunity (' The ‘Secret Sauce’ (' Talent (' The Gap (' Creative Destruction (' Attitude (' ‘3 Billion People’ (' Metaphor/Analogy (' Z1";'C"6'O"H P8117"6 BITW $$$ !!!!!!!!!!"#$!%&''#()! 12 ! ! !!!!*+(,&-./! ! !!!!!!!!0&/!1$2345 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 13 ENTREPRENEURIAL SPIRIT ENGAGEMENT TOOL TEMPLATE Logo/ Name ‘BLUE BOX’ : 4J2N)V8 ‘BZ MODEL’ Vision Purpos e Message 4J2N)V8 4J2N)V8 A VISUAL representation of ^ONZ_'@"*'G*+,%0++'H"7X+>>> ‘WHAT’ makers it unique, etc. Math(Revenue, etc.) 14 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org THE MICROFINANCE LENDING ENGINE... to MATCH LENDERS & BORROWERS... addressing a $40 Billion MARKET GAP. VISION: To create a global community of investors... helping micro-entrepreneurs. GlobeFunder Story Microfinance Story Market (Demand) Story Grameen-Yunus-Nobel 500 MILLION Micro-Entrepreneurs 25 Year: Legitimate Debt Sector $50 BILLION Capital demand $10 Billion Loaned to Date Growing at 15-30% annually 100 Million Loans: 60-90% WOMEN *No existing scalable distribution model 97% Payback De e velop d Wor ld No Access Investors nd eveloped Wo rl d U Borrowers Micro-Entrepreneurs So an Lo s r to s ve In al ci Market Driven Interest Rates s an Lo No s es c Ac MFI Micro-Finance Institution 6 Current MFI Partners 10,000 MFIs; 200 Do Bulk of Lending (Kenya, Mexico, Armenia, Morocco) Initial Demand: 3,000 Borrowers NGO (2 Weeks) Sc Beta Start-Up Feb ‘06 al NFPO NGO NFPO e GlobeFunder Revenue Borrower: Transaction Fee Lender: Broker Fee Globe Funder: The Float BETA INVESTOR PORTAL Feb ‘07 Dec ‘07 GlobeFunder Live MFI Partners In System Loans Fulfilled People - $250,000 Legal - $250,000 Technology - $300,000 NEXT GENERATION FINANCIAL PORTAL Investment: $25,000 Cash + 2 Years / Time / Effort Investment: $800,000 Investment: $6,000,000 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org T h e O p p o r t u n i t y $ Beta Funding Plan 16 Advisor - Investors $50,000 Investment ( 1 Unit) 1% Equity / Ownership in GlobeFunder $800,000 Beta ‘Angel’ Funding 15 Creating Solutions, Changing Lives OUR PURPOSE: Provide HELP, HOPE and ANSWERS... to CHILDREN and FAMILIES... affected by DISABILITIES VISION: 2014 TRANSFORMATIONAL PRIORITIES World Class Team Innovative Solutions 16 Community Learning Centers Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org Think Big. Act Now. Change Ireland. T F A R D IMPACT Transformational Priorities Attract Scale Illuminate HOW YOU CAN HELP: PARTNER...SPONSOR...ANGEL Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 17 ENTREPRENEURIAL SPIRIT DO THE MATH WORKSHEET ‘BLUE’ MATH ‘RED’ MATH ‘GREEN’ MATH 18 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT PRESENT THE OPPORTUNITY Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 19 ENTREPRENEURIAL SPIRIT LIFE LC2)L!)LCLP)_J MANTRA: THINK BIG. BUILD SIMPLE. ACT NOW. LC2)L!)LCLP)_J INSIGHT: I run my business. My business doesn’t run me. [I run my life. My life doesn’t run me.] LC2)L!)LCLP)_J CREED: Make a LIFE, not a living; 6178!-935!:&+!6;78< ')O,>1 a JOURNEYb'LCENV'610'67,3c ')O,>1 a JOURNEY... NOT a guided tour. ')O,>1 a JOURNEY>>>''CN2'$'G*+,%0++'67,3> “LIFE is a DARING ADVENTURE;'"7'%"61,%/'$6'$##cd ' e'O0#0%'R0##07 “An UN-EXAMINED LIFE',+'%"6'H"761'#,U,%/>d'''''''''''''''''f5%'UN-LIVED LIFE',+'%"6'H"761'0]$T,%,%/>d – Socrates – Suddes “LIFE',+'#,X0'$'6"7F1'>>>'V"*'Y*0#',6'$+'G0+6'@"*'F$%;'610%'3$++',6'"%>d ' ' ' ' ' ' ' ' ' ' ' ' ' ' e'S0"7/0'.>'J1$H “SUCCESS is the progressive realization of a WORTHY IDEAL.” ' ' ' ' ' ' ' ' ' ' ' ' ' ' e'L$7#'C,/16-%/$#0 “The ONLY true SUCCESS'-+'6"'G0'$G#0'6"'LIVE LIFEb',%'@"*7'"H%'H$@>d – Christopher Marley “SUCCESS',+'H$X,%/'*3',%'610'T"7%,%/'>>>'$%&'&",%/'H1$6'@"*'WANT'6"'&">d ' ' ' ' ' ' ' ' ' ' ' ' ' ' e'."G'?@#$% “WEALTH is the ABUNDANCE'"Y'61,%/+'61$6'H0'VALUE.” “WEALTH consists NOT',%'1$U,%/'/70$6'3"++0++,"%+'b'G*6',%'1$U,%/'Y0H07'H$%6+>d 20 LIVE. LOVE. LEARN. LAUGH. LEAVE LEGACY. Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT SONG UNSUNG “The song that I came to SING ! remains UNSUNG to this day. I have spent my days in stringing and unstringing my instrument. The time has not come true. The words have not been rightly set. Only there is the AGONY of WISHING in my heart.” – Rabindranath Tagore Bengali Poet Laureate “I have no regret. I have gambled and lost. It was all in a days work. At least I have had the unforgettable taste of the sea in my mouth” – Antoine de Saint-Expuéry “The great tragedy of the average man is that he goes to his grave with his MUSIC !"still in him.” – Longfellow “One night I was layin’ down, I heard Papa talkin’ to Mama. I heard Papa say, to let that boy BOOGIE-WOOGIE. ‘Cause it’s in him and it’s got to come out.” – John Lee Hooker “Boogie Chillen” “If you can walk, you can dance. If you can talk, you can SING.” – Zimbabwean Proverb “An artist must paint. A poet must write. A musician must make MUSIC ! if he is to be ultimately at peace with himself. What a man can BE, he must BE.” – Abraham Maslow “I don’t write MUSIC. ! I invent it.” – Stravinsky “Time is short. The music won’t last. You better slow down. Don’t dance so fast. Life is not a race. Do take it slower. Hear the music ! Before the song is over.” – Slow Dance (Terminally Ill Girl) “Most people die with their MUSIC !"still in them. Why is this so? Too often it is because they are getting ‘ready’ to live. Before they know it, their time runs out.” – Oliver Wendall Holmes Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 21 25 WISHES 22 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ENTREPRENEURIAL SPIRIT NOTES ! Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 23 ENTREPRENEURIAL SPIRIT NOTES ! 24 Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org ABOUT TOM SUDDES Tom Suddes has made a name for himself as a thought leader, a motivating coach, a master facilitator & trainer, an engaging speaker and a prolific writer. Tom has almost 40 years of experience in Strategic Visioning, Fund Development, Business, Sales and Entrepreneurship. He began his career in the Development Office at the University of Notre Dame in 1973. In 1983, he founded The Suddes Group, which has managed over 400 Campaigns, raised over $1 Billion and helped generate 3 million new jobs in their work with 125 Economic Development Organizations around the country. And, in the last 10 years, the For Impact Partners and Coaches have helped organizations raise another $1 Billion to scale and grow their Impact. Tom has made more than 6,000 one-on-one ‘sales’ presentations… and has trained thousands of 3rd Sector and Business Leaders in the art and science of becoming a For Impact Organization. He is the author of Take A Quantum Leap, a number of For Impact Guides and co-author with Nick Fellers of the content at the ForImpact.org website. A serial entrepreneur since age 16, Tom has founded 19 businesses; and now dedicates one-third of his ‘work’ schedule to helping social entrepreneurs change the world. He also spends significant time in Ireland helping to transform the country’s philanthropic model. In 1997, Tom won a Trip Around the World (the only contest he has ever entered) where Success Magazine and Opportunity International awarded him a chance to share his entrepreneurial experiences with Third-World Micro Entrepreneurs in Russia, Poland, India, Bangladesh, the Philippines and Australia. Tom served in the U.S. Army as an Infantry Officer, Airborne and Pathfinder. He was a two-time welterweight boxing champion at Notre Dame, and has been the boxing coach there for almost 40 years. He returns every year for a six-week ‘ mini-sabbatical’ to coach and referee the Bengal Bouts. He is the Executive Producer of STRONG BODIES FIGHT, a documentary film about Notre Dame Boxing and its impact upon the Missions in Bangladesh. Throughout his crazy, eclectic, eccentric life, Tom has been anchored by his family. Now, his seven grandchildren are the centerpiece of life on his 50-acre farm/training center, Eagle Creek, outside of Columbus, Ohio Copyright © 2012 - ForImpact | The Suddes Group - ForImpact.org 25