entrepreneurs: building for smart & sustainable growth

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My first year at EO MIT Entrepreneurial Masters Program. Some of the key take aways from year 1 are about Strategic Planning, People, and Outcomes. One page strategic plan, become a gazelle: grow your company by 20% year over year for four consecutive years. Core values, core purpose, and Culture. BHAG, hiring A Players.

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Page 1: Entrepreneurs: Building for Smart & Sustainable Growth

http://www.flickr.com/photos/paulmannix/398883838/

Page 2: Entrepreneurs: Building for Smart & Sustainable Growth

The Call of the Entrepreneur

http://www.youtube.com/watch?v=pem0ZSsMQVA&feature=player_embedded

Page 3: Entrepreneurs: Building for Smart & Sustainable Growth

80%Male

20%Female

•65 Students•15 Countries

Program Demographics

Page 4: Entrepreneurs: Building for Smart & Sustainable Growth

Classroom Revenue - $1.3 Billion (EMP Class of 2012)

$20M(average)

$5M(median)

Minimum of $1M annual gross revenue

Page 5: Entrepreneurs: Building for Smart & Sustainable Growth

< $1M96%

> $1M4%

> $10M.4%

> $50M17,000

28 Million Firms

Mastering the Rockefeller Habits – Verne Harnish – Page 12

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Entrepreneurial Masters Program Overview

Year 1 Year 2 Year 3

Page 7: Entrepreneurs: Building for Smart & Sustainable Growth
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Three Big Take Aways

Strategy

People

Outcomeshttp://www.flickr.com/photos/kartografia/534285427/

Page 9: Entrepreneurs: Building for Smart & Sustainable Growth

http://www.flickr.com/photos/whollysoap/4641661180/ http://www.flickr.com/photos/stevewall/1095860966/

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Predict Outcomes

Financials on annual & quarterly basis

A great year = 4 great quartersA great quarter = 13 great weeks

http://www.flickr.com/photos/brianjmatis/3883599670/

Page 11: Entrepreneurs: Building for Smart & Sustainable Growth

http://www.flickr.com/photos/27663842@N00/294790784

What’s Your Cost of Getting Blindsided?

Page 12: Entrepreneurs: Building for Smart & Sustainable Growth
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BHAG & GoalsBe the new definition for flexible workspace in the U.S.A.

Be a “gazelle”

Award for Best Companies to Work at

2,000 Recurring Revenue Members

Page 14: Entrepreneurs: Building for Smart & Sustainable Growth

http://www.flickr.com/photos/mgrap/1353874828/

Core Values

Page 15: Entrepreneurs: Building for Smart & Sustainable Growth

Who – Geoff Smart & Randy Street – Page 12

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Culture & Core Values

Perf

orm

ance

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“Leaders don’t createfollowers, they create

more leaders.”– Tom Peters

http://www.flickr.com/photos/howardignatius/4109196545/

Page 21: Entrepreneurs: Building for Smart & Sustainable Growth

share/remix/spread …but don’t forget to attribute

http://slideshare.net/thinkspace

Page 22: Entrepreneurs: Building for Smart & Sustainable Growth