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Unformatted text preview: ECH TECH ENTREPRENEURSHIP Page 1 Page 1 Powerpoint Templates Metamorphosis of Entrepreneurship appening Right Now Happening Right Now Economy Internet capabilities Internet sub-culture ophistication of all players Sophistication of all players Costs of startup dramatically lower Page 2 Page 2 Page 3 Page 3 4 Types of Entrepreneurs Steve Blank Small Business Entrepreneurship Scalable Startup Entrepreneurship Social Entrepreneurship Large Company Entrepreneurship Page 4 Page 4 Small Business Entrepreneurship Lifestyle businesses $2 million, $100k salary to owner Bootstrapped (capital, own/family) rofit means the family eats Profit means the family eats Overwhelming number of entrepreneurs and startups in the U.S. are in small businesses My mother Startup Small Business Page 5 Page 5 Scalable Startup Entrepreneurship Start with goal to build a large company Starts in small offices with an idea Hunts for profitable business model Once founded, needs external venture capital to scale and fuel rapid expansion Accountability, board members, forecasts, other agendas Success is 3X or better ROI via sale or IPO ggregates around technology centers Aggregates around technology centers Makes up small percentage of entrepreneurs and startups BUT attracts almost all the risk capital (and press) Startup Large Company > $100M/year Transition Page 6 Page 6 Large Company...
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This document was uploaded on 04/07/2011.

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ee - ECH TECH ENTREPRENEURSHIP Page 1 Page 1 Powerpoint...

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