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Creating More
Entrepreneurial Nations
Service. Resilience. Hope.
Rick Spence
rick@rickspence.ca
In our global economy, we face
serious problems, together:
@srijan #SrijanWW
• Slowing growth
• high government deficits
• obsolete business models
• nagging unemployment
The solution:
Embrace entrepreneurship!
@srijan #SrijanWW
At its root, entrepreneurship is not
just about business.
It’s about personal development,
innovation, curiosity, and learning to
be of service to others.
@srijan #SrijanWW
Successful entrepreneurs create
innovation and jobs. More subtly,
they create ecosystems of optimism.
@srijan #SrijanWW
By creating more
entrepreneurial
communities, we can
turn success into a
renewable
resource.
Entrepreneurs built Canada!
@srijan #SrijanWW
Canadian Entrepreneurs
@srijan #SrijanWW
Global entrepreneurs
@srijan #SrijanWW
Entrepreneurs bring
positive change to markets.
They only succeed if they
can create more value
than their competitors.
@srijan #SrijanWW
@srijan #SrijanWW
World
Entrepreneur
of the Year,
Monte Carlo
@srijan #SrijanWW
Ruth Oltjer,
Chemi-Pharm
@srijan #SrijanWW
Frantisek
Piskanin,
HOPI
@srijan #SrijanWW
Jorge Nazer,
Grupo ALTO
@srijan #SrijanWW
Innovation
"The great creative
individual... is
capable of more
wisdom and virtue
than collective man
ever can be."
John Stuart Mill
Impact of Entrepreneurs
One million small businesses in Canada contribute
more than 30% of Canada’s GDP
• Small businesses employ approximately 5 million Canadians, or just under
half of the private-sector workforce.
• Between 2001 and 2011, small firms accounted for 43% percent of all jobs
created in the private sector.
• In 2010, small businesses were responsible for $77 billion, or about 25
percent of Canada’s export trade.
@srijan #SrijanWW
2015 Startup Canada/Staples Poll
When asked their motives for starting a business, just over half of
respondents cited a desire to fill a gap in the marketplace or gain more
flexibility and independence in their work.
Forty per cent expressed a drive to change the world, and leave a positive
legacy.
@srijan #SrijanWW
Corporate Canada’s
Favourite Shopping List
@srijan #SrijanWW
Entrepreneurship has the opportunity to
become a renewable resource!
@srijan #SrijanWW
Entrepreneurs succeed by creating value.
Their innovation makes other firms better.
@srijan #SrijanWW
More big companies
are locating close to
startups to get a
piece of the magic
@srijan #SrijanWW
Striving to make Canada “The best place
on earth to start and grow a business.”
@srijan #SrijanWW
@srijan #SrijanWW
Start where you are. Do what you can.
How do you create a more
Entrepreneurial Culture?
Help entrepreneurs
in your area by
creating a true
community!
If it chooses to embrace entrepreneurs,
your community will thrive.
If your region chooses not to offer support,
your entrepreneurs will face greater risks –
and your community will no longer
determine its own destiny.
@srijan #SrijanWW
10 ways to create a more
Entrepreneurial Nation
1. Create a national financial literacy strategy/campaign
2. A national television “Innovation Channel” devoted to
entrepreneurship, opportunity, technology and disruption
3. Create a “Made in Your Country” national awards program for
entrepreneurship, vision, invention and execution.
4. Develop a national website telling the stories of your 500 top
entrepreneurs, including their best advice.
5. Convince schools to embrace entrepreneurship. Create a national
database on entrepreneurship and entrepreneurs for teachers
@srijan #SrijanWW
10 ways to create a more
Entrepreneurial Nation
6. Refine and expand the “hackathon” model to focus innovators on
new opportunities in non-IT areas: economic development,
homelessness, health care, tourism, etc.
7. Develop a “Scale Up” community initiative: resources to help
established entrepreneurs take their businesses to the next level.
8. Make all levels of government more conscious of procuring goods
and services from SMEs.
9. Target bureaucracy and paperwork. Encourage governments to
review and trim back business regulations and filings.
10. Entrepreneurs’ Pledge. Encourage successful entrepreneurs to
give back to the entrepreneurial ecosystem in their community.
@srijan #SrijanWW
Entrepreneurial Nations and Communities
solve economic problems by creating skilled,
resilient business leaders who will
generate sustained success.
Your future is in your hands!
@srijan #SrijanWW
Rick Spence
@rickspence
rick@rickspence.ca
Thank You!
Take this conversation online by tweeting using the hashtag #SrijanWW

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Creating More Entrepreneurial Nations Through Community Support

  • 1. Creating More Entrepreneurial Nations Service. Resilience. Hope. Rick Spence rick@rickspence.ca
  • 2. In our global economy, we face serious problems, together: @srijan #SrijanWW • Slowing growth • high government deficits • obsolete business models • nagging unemployment
  • 4. At its root, entrepreneurship is not just about business. It’s about personal development, innovation, curiosity, and learning to be of service to others. @srijan #SrijanWW
  • 5. Successful entrepreneurs create innovation and jobs. More subtly, they create ecosystems of optimism. @srijan #SrijanWW By creating more entrepreneurial communities, we can turn success into a renewable resource.
  • 9. Entrepreneurs bring positive change to markets. They only succeed if they can create more value than their competitors. @srijan #SrijanWW
  • 14. @srijan #SrijanWW Innovation "The great creative individual... is capable of more wisdom and virtue than collective man ever can be." John Stuart Mill
  • 15. Impact of Entrepreneurs One million small businesses in Canada contribute more than 30% of Canada’s GDP • Small businesses employ approximately 5 million Canadians, or just under half of the private-sector workforce. • Between 2001 and 2011, small firms accounted for 43% percent of all jobs created in the private sector. • In 2010, small businesses were responsible for $77 billion, or about 25 percent of Canada’s export trade. @srijan #SrijanWW
  • 16. 2015 Startup Canada/Staples Poll When asked their motives for starting a business, just over half of respondents cited a desire to fill a gap in the marketplace or gain more flexibility and independence in their work. Forty per cent expressed a drive to change the world, and leave a positive legacy. @srijan #SrijanWW
  • 17. Corporate Canada’s Favourite Shopping List @srijan #SrijanWW
  • 18. Entrepreneurship has the opportunity to become a renewable resource! @srijan #SrijanWW
  • 19. Entrepreneurs succeed by creating value. Their innovation makes other firms better. @srijan #SrijanWW
  • 20. More big companies are locating close to startups to get a piece of the magic @srijan #SrijanWW
  • 21. Striving to make Canada “The best place on earth to start and grow a business.” @srijan #SrijanWW
  • 22. @srijan #SrijanWW Start where you are. Do what you can. How do you create a more Entrepreneurial Culture? Help entrepreneurs in your area by creating a true community!
  • 23. If it chooses to embrace entrepreneurs, your community will thrive. If your region chooses not to offer support, your entrepreneurs will face greater risks – and your community will no longer determine its own destiny. @srijan #SrijanWW
  • 24. 10 ways to create a more Entrepreneurial Nation 1. Create a national financial literacy strategy/campaign 2. A national television “Innovation Channel” devoted to entrepreneurship, opportunity, technology and disruption 3. Create a “Made in Your Country” national awards program for entrepreneurship, vision, invention and execution. 4. Develop a national website telling the stories of your 500 top entrepreneurs, including their best advice. 5. Convince schools to embrace entrepreneurship. Create a national database on entrepreneurship and entrepreneurs for teachers @srijan #SrijanWW
  • 25. 10 ways to create a more Entrepreneurial Nation 6. Refine and expand the “hackathon” model to focus innovators on new opportunities in non-IT areas: economic development, homelessness, health care, tourism, etc. 7. Develop a “Scale Up” community initiative: resources to help established entrepreneurs take their businesses to the next level. 8. Make all levels of government more conscious of procuring goods and services from SMEs. 9. Target bureaucracy and paperwork. Encourage governments to review and trim back business regulations and filings. 10. Entrepreneurs’ Pledge. Encourage successful entrepreneurs to give back to the entrepreneurial ecosystem in their community. @srijan #SrijanWW
  • 26. Entrepreneurial Nations and Communities solve economic problems by creating skilled, resilient business leaders who will generate sustained success. Your future is in your hands! @srijan #SrijanWW
  • 27. Rick Spence @rickspence rick@rickspence.ca Thank You! Take this conversation online by tweeting using the hashtag #SrijanWW