entrepreneurship support - an entrepreneur's perspective
DESCRIPTION
Based on a talk I gave to the Capital Enterprise stakeholders and members in relation to the Bootstrapping Bootcamp program we're developing and sharing. You can learn more about the program at http://register.leanca.mp/bootstrapping-bootcamp or contact me at http://SaintSal.com/contact To learn more about the new tools and methods entrepreneurs are using to find market traction faster, go to http://leanca.mpTRANSCRIPT
Entrepreneurship support- an entrepreneurs’ perspective
We’re all trying to support entrepreneurs. Let’s reconcile our perspectives and constraints.
2.bp.blogspot.com
Are we modelling support on quality control, or quality creation?
flickr - nolifebeforecoffeeflickr - narciss
Do we measure success in startups, or in entrepreneurs?
flickr - boklm
Entrepreneurs search for a valid business model.
Being entrepreneur-centric means accepting the business model is not yet fixed.
Alex Osterwalder
flickr - thomasleuthard
Entrepreneurs course correct over weeks & days, not months & years.
flickr - nolifebeforecoffeeflickr - arild_storaas
Plans force commitment - limiting course-correction opportunities.
Applications take time away from validating business models in the field.
flickr - jetuma
We accept that business planning is fluid, so why evaluate static plans?
Can we qualify entrepreneurs instead of plans?
Yes. If we focus on enablement, rather than idea
qualification.
Quality Controlactually creates barriers.
Application Qualification Support
Quality Creationremoves them.
(The Lean Startup adaptation cycle - what more and more entrepreneurs are doing.)
Eric Ries
sitemason.com
Do our approaches match?
flickr - nolifebeforecoffeeflickr - _flood_
Plan-centricity leaves entrepreneurs in the cold.
Anything less than a 100% success-rate for plan-based portfolios means an entrepreneur has wasted their time
executing a plan that you approved.
1.bp.blogspot.com
We can better identify an entrepreneur’s potential through their actions, not
their plans...
lafterhall.com
We can remove barriers rather than create them.
flickr - emiliano-iko
We can’t substitute for the founders’ perspective.
It’s their journey.
So let’s give them the tools they need.
noirfilm.com
And leave the directions to them.
flickr - nolifebeforecoffee flickr - hi-phi
Because new methods are empowering entrepreneurs to find market traction faster.
We’re working towards the next evolution in entrepreneurship support.
Join us.
Please get in touch.Salim Virani
[email protected]@SaintSal