Friday, August 15, 2014

Chattanooga? Model for the Boises of the world?


Chattanooga? Model for the Boises of the world?
Anyone who’s seen what Chattanooga has quietly done over the last decades knows what a ‘can do’ group of citizens are able to make happen… their own gigabit internet, incubating businesses, building not just a great entrepreneurial community but... a great community period!  But I’ll leave the rest to anyone who’s interested.

An old Idaho chum, the shy-and-retiring ;) Wild Bill Sellers, former Idaho Falls gadfly/cheerful curmudgeon and co-inventor of Idaho Tech Launch, sent me the link below and asked for all the ideas hw could “steal” and pitch to the organizers of Chattanooga’s Next Big Thing. Startup Week. (Not sure if this is the Startup Week being pitched by UP Global but it’s a great, great idea… IFF it’s done well, of course.)  After seeing how Colorado Springs pulled off a great week-long event recently – despite opposition from the Turf Monsters ;) –> it sounds like the kind of thing that can bring together all the good folks in a community.


So the following is what I sent Bill... and it makes me want to plunge forward myself! (I will insert a few short asides as to how this might work in, ahem, Idaho.)

So… anything below that makes you want IN?

/NK

[Norris rant/on]
Dear Bill, er, Chattanooga:

Ah, Startup Week! Is this part of the national/global effort from UP Global? 

#1 Success Factor. Do NOT ask the "experts", tell them to ask the entrepreneurs. Sponsors may insist on some input but that's ok as long as you listen to the entreps.
See www.bigomaha.com for a shorter, but great model. Founder Jeff Slobotski will help them.

Really depends on what the community wants to learn (again NOT what the "experts”  think they need to hear. ) Having said that, here are some ideas that play well anywhere.  Here are three: 

1. Think Global; Act Local [let me plug great OTHER folks]
2. Ecosystem Building
3. Mindset Growing


1. GLOBAL and LOCAL: Engage National/Global Allies & Friends

If this is not the UP Global Startup Week model, I'd still reach out ASAP to them –for example, my friend Shauna Causey, shauna@up.co, tell her I sent ya! They have tons of ideas. See GEW below.

Kauffman is going through some changes but they are still trying to help communities - start with my new chum Nathan Kurtz there [nkurtz@kauffman.org] and the totally awesome 1 Million Cups initiative which they should launch [www.1millioncups.com]

SourceLink - dynamite model for keeping the ecosystem defragged [www.kcsourcelink.com for best example; Cathi Ulrich, ulrichc@umkc.edu is key contact. She is one of those who nominated me for the National Advisory Council for Innov and Entrep! Totally badass, Cathi might be a great speaker for this event, as would Shauna, Nathan and Slobotski.

Global Entrepreneurship Week - 3rd week of November but becoming almost year-round. The Chattanooga team needs to connect there too if they haven't already. There are some global events that make much sense - for example, do a Startup Weekend at the start or end of GEW and the winners become part of a GLOBAL competition. Total hoot. And a great way to help keep the positive momentum rolling after the October event!!! 

Is that enough, Bill? (Whew... I envy you, bro... I wish we could get the squabbling children together here to do something like this! NOTE to Idaho: We are making progress… keep your eyes peeled!)


2. DEFRAG: Growing Your Own Entrep Ecosystem [http://goo.gl/6mmmy]

Bill, show them this: dress rehearsal of video being used all across EU  https://www.youtube.com/watch?v=1poz3eKdSbo 

A series of events where you engage the entrepreneurs in growing the ecosystem. Bill, this is what I do -- it can be a 2-3 hour workshop or a series of activities.Combines the best of what we know with serial entrep/VC Brad Feld's clever model (book: "Startup Communities")

Done this for OECD, EU, in Singapore, Japan, Cairo, NJ, Denmark and Moscow/Pullman (that was actually a blast... seeing UI & WSU work *together*? Priceless!) These workshops always make an impact -and surfaces the turf monsters.... :)

If they want to focus on ecosystem growing, you have them 
a) do a world-class map of the ecosystem, starting in advance... Has to be done brilliantly - a crappy map is not a big help (that's what most cities have). 
b) do a listening session: use AI/ABCD tools - again, entreps only. Could do more than 1. (Should.)
c) tactics workshop (the 2-3 hour version mentioned above)
e) How to Keep the Momentum: simple mechanisms for keeping the lessons alive (e.g., the right metrics...)
            Other cheap/easy tactics here: http://goo.gl/WLQZrH 
If they like, this could comprise an event each day. I can prep local facilitators so this doesn't become a great event that fades in a week. [NOTE to Idaho: We can do this… so let’s!]


3. Nurturing the Entrepreneurial Mindset

Colorado Springs had a terrific Startup Week, led by the local community college and the Kauffman Foundation. Their focus was building human capital (the ecosystem stuff is more social capital) so they centered around an example of great experiential learning… (Hands on projects are NOT necessarily experiential.. so part of this was a workshop on that. Another ridiculously self-serving link:   http://www.slideshare.net/norriskrueger/experiential-entrepreneurship-education-state-of-the-art-coneeect-sofia )

The example they used is the Kauffman-backed Ice House - it is really deadly good, sneaks in great experiential lessons disguised in a corny framework that plays well with most populations, 3 min video: http://www.youtube.com/watch?v=Qsmsxzuu2PI  (also if you prefer sketchpad version: http://www.kauffman.org/newsroom/2013/11/the-ice-house-manner-and-mindset-of-teaching-entrepreneurship-featured-in-new-kauffman-sketchbook/ ) Watch that sketchbook and video and TRY to tell me that we don’t want this kind of great programming in your community!
[NOTE to Idaho: I am working with Ice House and a deep connection with NFTE who's got a similar program. Why not put something like Ice House in EVERY school?]

So, tell me true, my friends… assuming you’ve read this far ;) … am  I giving Chattanooga bad advice?

entrepreneurially yours, Norris
@entrep_thinking/Facebook/G+/LinkedIn

Friday, June 20, 2014

Celebrating Idaho's Coolest Entrep/Tech Stories! Will you help?

Feeling the entrepreneurial buzz? 

Just got blown away by the Breaker BOI event where design thinking gurus are helping HS students to team up for radical innovation. Wow! [Major props to the Albertson Foundation & Lisa Fisher, plus Juliette from Project Breaker and Susie Wise from Stanford's mind-blowing d.school!] About damned time that we brought genuine experts in design thinking!

Also, I am driving north to speak at and mentor in the "Be The Entrepreneur" bootcamp by the Palouse Knowledge Corridor [link - still time to get there, at least drop by Sunday AM to lob tomatoes at my talk :) ]

A quick favor -- I am on the ITC's marketing committee and we're working on two ideas, one we need YOU to chime in! (I know you all are shy... but please help us out?)

You've heard my mantra 
"Celebrate. Educate. Initiate."
 ...possibly ad infinitum;)

Imagine 15-16 of the coolest tech stories in Idaho showing off!

We want to put together a 2015 showcase for the best entrepreneurial/tech stories in Idaho - companies who are doing amazing things, creating incredible value but we do NOT want this to be the usual suspects, we want the Hidden Gems. (We also want to showcase the full range of Idaho's tech wizardry and encompass the entire state.) 

I am lobbying hard for the Ignite/pecha kucha model where speakers talk for 5 minutes in front of a wildly supportive audience. As I get deeper into launching the national/global TEDxEntrepreneurship in August write for details], I am increasingly convinced that if you've got a great story... we can help you be a great presenter.

So............

Will you send me ideas for presenters - especially hidden gems, especially non-Boise (but still want them), and a variety of industries?
Will you keep your eyes out for great candidates? 

This is going to be FUN! But we need your help to keep this being the same-old, same-old. 

If every Idaho economic developer, every Idaho entrepreneur, every Idaho entrepreneurial supporter on this elist sends me just ONE candidate... we could have an event that could draw national media attention and allow us to truly...

Celebrate (what great things we have)
Educate (learn from these folks) and
Initiate (use their example to inspire others to action!)


p.s. the other idea is a portal for resources supporting entrepreneurship, etc. Given that there are basically ZERO successful portals out there (and Idaho's prior efforts have fallen short).. it's a daunting task.:) 

BUT there is one exception and that's the new SourceLink model (www.ussourcelink.com) that embeds the portal into a more proactive connector model which itself is embedded within a serious, independent, no-turf-monsters-allowed ecosystem defrag effort. Anyway, check out especially www.kcsourcelink.com and play with it a while... SourceLink really wants to do Idaho (and they are making noises about my joining their board) so.. check out the KC site and dream of an Idaho version. 

And as always...

Entrepreneur Up, Idaho!

Friday, May 16, 2014

Vote early, vote often? :)

 Vote early, vote often? :)

Pro-entrepreneur public policy is (a) hard to find and (b) usually misses the point...completely. One huge reason is that entrepreneurs aren't engaged in the process.

"Everyone loves progress; everyone hates change"
On the other hand, it is surprisingly easy to figure out where candidates stand on key issues that matter to us.  First, do they use the bully pulpit to support healthy entrepreneurial ac tivity? Or just recycle clichés? Second, do they really know and understand entrepreneurs? Or just think so? Third, ask them “would you rather be the windshield or the bug?” We can only choose between being disrupted or being the disruptor.

It's hard for insanely busy entrepreneurs to get involved in the political process which is messy, often illogical and definitely time-consuming. But we CAN get involved in educating elected and appointed officials in what really makes an entrepreneurial economy... truly entrepreneurial.

And back that with our votes.
Let me throw out some ideas for what we should look for in what civic officials say and do. Better still, if YOU are running for office, here are questions to ask yourself!

If you can only ask one question of a candidate or official, ask if they know entrepreneurs – real entrepreneurs – and do they listen to them? Really listen? Do they get what entrepreneurs really want. If they share what they hear entrepreneurs saying about to build on what we have... they’re a keeper.

If you want to educate them, use things like http://bit.ly/CandidateGuideEntrep and I urge you to read it closely. However, Let me give you four key things to look for (shamelessly stolen from Brad Feld's book "Startup Communities") that a smart candidate can adopt as talking points. (Or see video here)

1. Do I focus relentlessly on helping bottom-up activities? Or do I work with, support or listen to the top-down, whether institutions, "power players" or The Usual Suspects? Government can fly cover for the bottom-up but shouldn't try to control them, even with the best of intentions? (See #3 below!)

1a. Who do I listen to about growing Idaho's economies? Self-styled experts? Smart, passionate, persuasive amateurs are particularly dangerous to listen to. Ask the *entrepreneurs* not those who want to speak for them.

2. Am I including all the different 'flavors' of entrepreneur? Or do I get distracted by the sexy high-tech, high-growth ventures? Entrepreneurship is very much a big tent.

3. Am I helping create rallying points for the entrepreneurial community? To finding out from the entrepreneurial community (again, not those who speak for them) what would galvanize them? In Feld's words: Government and institutions are not leaders but they can be feeders. You can play connector but you can also play convenor – do I support bringing entrepreneurs together for events like "1 Million Cups" (www.1millioncups.com)? And remember that all this must be led by entrepreneurs not institutions?

4. Am I in this for the long haul? It took Silicon Valley decades to become an overnight success. We’re behind the curve, so let's get started. Idaho’s entrepreneurial community is fragmented, so let's defrag it! [Start here! http://goo.gl/6mmmy and here! http://goo.gl/WLQZrH  ]
Bonus question: Do you see entrepreneurs as motivated by money? Or do you realize that entrepreneurship is about making cool things happen. Cool things that create great new value?

Do you stand for maximizing the Benjamins... or do you stand for creating new value?
And will you vote for those who do?

Entrepreneur Up!
Norris


(for more on entrepreneurial ecosystems, check these links: http://goo.gl/v0YIIX)

Tuesday, February 11, 2014

We’re #49! We’re #49! :)

We’re #49! We’re #49! :)

The formation of new businesses since the end of the recession has been lackluster at best. Job creation by new firms has lagged as well.  In the latest data from the good folks at EMSI (Moscow, Idaho!) where does Idaho rank among the states for net new business formation?

#49.

Ouch.

Add in the average number of jobs per startup has declined nationally since before the recession. And gross job creation peaked in 2005… pretty much globally. Then look at the self-employed: Those numbers are declining too (also still at least 25% of the Idaho workforce).

What the bloody hell is going on??
Job creation by startups in Idaho is better than the new business formation rate would suggest but - just as before the recession* – the overwhelming percentage of net new jobs comes from the growth of existing businesses. (Jobs from in-migrating firms remain very low.)
Cities are important, too. By the way, the best correlate of job growth is population growth. That means we also need to look at within/across states. Example: Indiana’s data looks pretty good but it’s pretty much all in the Indianapolis area. Rural areas are seeing a significant move in jobs from rural to urban. Idaho has the same issues but my SWAG is that we’re at least better (less bad) than the Hoosiers. Still, we eventually want to decentralize our DEFRAG of Idaho’s entrepreneurial ecosystem.

What the bloody hell can we DO?
The states (and countries and cities) that ARE seeing strong net business formation are doing things very differently. The top 1% of those cities look and act in ways that we can learn from. Some quick examples plus how Idaho can follow suit. (for example)

1.       Listen to the entrepreneurs: The bully pulpit
How many people in high places are singing the praises of entrepreneurial activity? Is the media? Has this filtered down to the local level? More important, are they listening to the entrepreneurial community? (And actually hearing what they say?) Too often, cities and states end up listening to the power players and institutions who with the absolute best of intentions end up focusing on giving entrepreneurs what they think we need (not what we actually want).

2.       Few of us are truly ambidextrous: Execution/Implementation versus Ideas
A “great” idea is not a great idea unless you can make it work. (“Better a Grade A entrepreneur and a Grade B idea than vice-versa!”) Whether the idea is home-grown or a “shiny pebble” we see elsewhere, there’s a natural tendency to want to do it ourselves (see #3 below) but our communities deserve the best, yes?
“Ambidextrous” in the management world is being good at identifying what to do AND being good at implementing, a rarer skill than we’d like to think. It’s easy to get this backward – ask great implementers to come up with great ideas. (The ambidextrous few are invaluable, of course.)

3.       Listen to the experts: No more amateur night
Why would you give creative input to those who’ve been awful for literally decades, especially when A+ expertise is readily available? (And why would you give them creative control? Sigh… ) Communities have this maddening tendency to want to do things themselves. Yes, we need deep, broad local buy-in and effort. But there is so much expertise at Idaho’s fingertips that is outside the borders (and willing to help us! And they will listen to Idaho’ entrepreneurs – how do you think they got to be experts?)

4.       Everyone needs a Secret Evil Plan?
Bottom-up and inclusive but have a plan. The most successful communities have an overarching framework that marshals institutions in support of the bottom-up wants of the entrepreneurial community. Resources get aligned to maximize the delivery of value to the entrepreneurial community. This characterizes every great entrepreneurial ecosystem I have ever seen. It can happen organically but it can be nudged along (even shoved!)

5.       Google Maps?
What are the first two things you do when you open up Google Maps? The start point and the end point, eh? So how many communities really understand their starting point – how many have a great map of their ecosystem? (VERY few… though some communities have multiple competing maps that basically suck.) Even fewer have any sense of the ‘end point’- how many actually have asked the entrepreneurial community about their vision of where we could be? Almost none.
Any city or state who will do these two things brilliantly will jumpstart their entrepreneurial ecosystem. (And aligning resources becomes a lot easier.) But you have to do it brilliantly. Bring in the experts (example)

6.       You Win With People (or... “Ecosystems are Soylent Green?”)
                Entrepreneurial ecosystems aren’t lists of participants – the best maps (and visions and strategies) capture the dynamics and especially the interconnections in the system.  Great ecosystems reward proactive connectors. But that makes them intolerant of the turf-grabbers, narcissists and other pathogens in the system.
                Jim Collins’ great maxim that we need to get the right people on the bus and the wrong people off the bus has never been truer.  But who are the “right” people? Who are the “wrong” people? And how do we get the wrong people off the bus when they’ve duct-taped themselves to the steering wheel? (Part of being “wrong” is feeling entitled to drive despite any actual expertise. Cue the Dunning-Krueger effect?) Google Bob Sutton’s “No Asshole Rule”. You will thank me.
                Markers of the “right” people/organizations? Think the 3 C’s: Competent, Connected, Collegial. When you start the ecosystem re-build, find the people who:
a)      bring a particular A-grade expertise at something mission-critical. Are they the best in the state at something important?
b)      are connected both locally AND at the regional/national/global level. Do the best people in the world on a topic think highly of them?
c)       are trustworthy. Have they ever grabbed turf that wasn’t theirs or claimed expertise they didn’t have? The heart of a great ecosystem is trust. Awfully hard to get started using people that have been untrustworthy…visibly.


7.       Bold, public commitment – not just to growing the ecosystem but also to embracing disruption
                We can be the squirrel or the truck. We can no longer choose to be neither. Disrupt or be disrupted. Or, more likely, disrupt AND be disrupted.  We are back to the bully pulpit: the economy is going to be very different in 10 years, even 5 years. More important, it is already more important.
                Adapting is not going to be incremental – it is going to be very discontinuous and most likely where you least want things disrupted. Assume your business model is toast in 3-5 years… if you’re lucky. But remember that business models are about serving customers and others… who wouldn’t be enthused about getting better at serving customers??

8.       ENJOY the ride (“Move that bus!”)
                Idaho may be #49 in creating new businesses...  but we have every reason to believe that we can change that. Radically. Now.
                We have it within our grasp to jumpstart our entrepreneurial ecosystem.  Think of it as an Extreme Makeover… an Extreme Entrepreneurial Makeover. (Apologies if you haven’t seen the tv show.)

First steps for Idaho (more ideas at DEFRAG, tactics, metrics)

1. Bully Pulpit: Celebrate. Educate. Initiate. Never miss an opportunity to celebrate what we have. Never miss an opportunity to educate all of Idaho’s citizens on all this. Never miss an opportunity to initiate things like this Extreme Entrepreneurial Makeover or to support other’s initiatives.
2. Listen to the Experts/Ambidexterity: Take advantage of all those who have already said they’d help us. Be ruthless about great implementation. Quit playing amateur night.
3. Evil Plan: Use the cutting edge of what we know to create a strategy to engage institutions in helping. Comprehensive entrepreneurship development strategies (e.g., FIRE) pull together the no-brainer proven practices that will support bottom-up, entrepreneur-led efforts. Job #1
4. “Google Maps”:  Do a first-class mapping of the entrepreneurial ecosystem. We know how to do it well. Job #2. And do a first-class assessment of the entrepreneurial community’s vision for where we want to go. We also know how to do this well. Job #3.
5. Win With People: Identify an “A Team” who pass both the 3 C’s and Bob Sutton’s test. Use the bully pulpit to empower them.
                6. Bold, Public Commitment: Make the need to embrace disruption a recurring theme – emphasize that embracing disruption is the only way to help mold our future. And support that with training and resources to help Idahoans to do exactly that. Once again, we know how to do that.
                7. Have Fun! In the tv show “Extreme Makeover” they did things in a week or less. It will take us longer, maybe a lot longer. But doesn’t that mean all the more reason to get started?
                I can’t wait till Idaho can yell “Move that bus!” and unveil a stronger, more resilient (and job creating!) economy, fueled by a stronger entrepreneurial ecosystem.
Somebody try to tell me this won’t be ridiculously fun….  And won’t create jobs!


Friday, December 27, 2013

ADVENT is NOT Over!

ADVENT is NOT Over!

Well, not if you spell it correctly.
“ADV-ENT”.

As in ADVancing ENTrepreneurship! (You know I’m relentless on this… LOL)

We are coming up fast on 2014 and my New Years wish is for all of us to tap into our inner entrepreneur and figure out something magnificent to do in 2014. Are you with me?
Looking back at 2013, I am amazed at two things:
1. How many adventures I have had [http://goo.gl/v4uR4m] and
2.  How poorly I’ve been paid (LOL but…)

2014 is shaping up to be just as adventurous… maybe more [I have been invited to give a keynote address at a major new entrepreneurship conference in…. Tehran! Gulp.] but it is time for me to ask your advice about getting paid.
To paraphrase that eminent philosopher and businessman Calvin Broadus, “Business isn’t in the telling, business is in the selling.” [A cup of coffee or a beer to those of you who know Mr. Broadus’s nom de plume… without google.]

Especially fun stuff from 2013…
I got mentioned in Business Week right under a photo of Sir Richard Branson and a few of my friends thought it was a really crappy picture of me. http://www.businessweek.com/articles/2013-11-04/to-teach-entrepreneurship-get-out-of-the-classroom
This was from the World Entrepreneurship Forum where I got to do my ecosystem-building workshop with an all-star cast. [You really should have me do this in your community – powerful stuff and great fun!]
Got to help launch the ICSB’s cool new Online Learning Excellence workshops – how do you pull off deeply experiential entrepreneurial learning… online? (Got to lob a few more hand grenades on that too… )
I won’t bore you with more (for now…. Ha!) Instead I’ll close with some advice I got to share with high school programs in Texas who want to “go big” entrepreneurially but they are at Square One right now. Here’s what I shared. What would you add/change?


Great Things That High School Students Can Do!

Ice House: World class introduction to entrepreneurship
short video (3 min): http://www.youtube.com/watch?v=Qsmsxzuu2PI 
if you click on only one link, click on the one above! Are you in???

"Entrepreneurial Heroes"
Have your students identify and vet a local "Entrepreneurial Hero" and shoot a short video with a phone on what makes them a true Entrepreneurial Hero. What is their special sauce to create vlaue? How did that business model evolve? Focus on substance not style. Good opportunity to introduce them to business models!)

Speaking of business models, look up Steve Blank's Lean Launchpad class on Udacity (free!) If you go to www.steveblank.com (his blog) you'll see where they tried the Udacity class in a Cleveland-area HS... and it worked without dumbing it down [except maybe for the teachers? ;) ] Next, they tried it in a junior high. Still worked.  
HUGE opportunity to reach out to the entrepreneurial community - as speakers and especially mentors! 

Ecosystem mapping - SAOSW (Students Are Our Secret Weapon!)
Students can help connect your school with the entrepreneurial community - one thing that every entrep ecosystem needs is good mapping. From NACCE: http://www.slideshare.net/norriskrueger/nacce-2013-ecosystem-workshop 

Other ecosystem-building tactics that students can help with: http://goo.gl/WLQZrH



Sunday, November 24, 2013

World Entrepreneurship Forum - Day 4 plus Reflections!

WEF Round 4 plus Reflections

Sorry for the delay on this but I wanted to process the Saturday “master class” workshop on how we – as individuals – can help defrag and grow our own local entrepreneurial ecosystems. (OK, I still needed to type up all the flip charts that the breakout teams developed… They are well worth the wait!)

We kicked off with a short pep talk from ecosystem-maestro Brad Feld [http://www.youtube.com/watch?v=NlFqc8gSm18]*

                Quick icebreaker: “Are We There Yet?” How would you know if your local ecosystem was getting more entrepreneurial?
                A little background on the science / what we know about ecosystems, leading to first breakout:
                If the GEM and GEDI tell us that the two keys to a more entrepreneurial economy are mindset and ecosystem (or more formally, entrepreneurial human capital and entrepreneurial social capital)… so what can we do as individuals on each front?
                The initial round of team ideas was both energetic and highly plausible. (At this point, I think the WEF leaders there realized that we were starting to build a lengthy list of action items for WEF… ha!)
                Amazing how inclusive the teams were – without anyone having to work to get people to talk… or argue ;)
                The teams each presented and… funny, but you could categorize almost all of their ideas and all of their key themes under one of the four strategic directions proposed by Brad Feld in his recent book, Startup Communities:
1.       Needs to be led bottom-up, led by the entrepreneurial community itself
2.       Inclusive – need to support all the participants if possible
3.       Rallying points for community
4.       Long term perspective
So… we revamped the breakout groups and I tasked them to each tackle one of the “Feld Four”. Results? Unfrellingbelievable! J See the photos (I will transcribe them) for yourself.
                Finally, we tried a rapid fire round robin, asking each participant to tell us how “we” could help them… “we” defined as the WEF organization AND as each other.
                My favorite idea: Each of us do a short video.. teaching each other something. Can you imagine the library of short videos if every WEF member/delegate did this? (The JWEF team too… it is entirely possible that we will need them to teach us how to do youtube-style videos?)

Ecosystem = “flavor of the month”?
Since WEF, I attended the OECD’s big conclave on policy regarding entrepreneurial ecosystems. Some good stuff from policy makers [everyone's slides here; I especially recommend those by Peter Vogel]. By the time I spoke, I shifted gears from slides to talking about tactics. What the WEF confirmed for me is that if you’re going to be truly bottom-up and inclusive, then somebody better talk about things we can do... as citizens. Please read this [Ecosystem Tactics] and let me know what you think. It represents the convergence of what I’ve learned over the years (including Feld’s ideas), what I learned from the WEF delegates and what I learned that very day from my colleagues at the OECD event. I hope they will see their handiwork in my list of A+ tactics for ecosystem defragging!

Here’s one great ecosystem defragging tool from Kauffman – 1 Million Cups! http://new.livestream.com/kauffmanfoundation/1MC102313

p.s. the OECD event made it clear that we need to separate enabling/supportive conditions from the processes/activities (Glenda Napier did a great job of showing this). again all the OECD slides are here

I also had the opportunity to plug the idea of doing first-rate ecosystem mapping (BIG shout out to my NACCE friends, Sheena Lindahl and Sarah Green of Empact and NACCE Fellows Tim Putnam & Gary Muller –they did the heavy lifting on this one!) [NACCE workshop slides]

I miss you all!
I wish I could personally thank everyone who attended the WEF master class workshop on ecosystem building- did not get your names. But let me thank especially Sassan and Essam from Dubai, Matt Symonds, entrepreneur/journalist  par excellence, Eythor Jonsson, Jeannine Javelosa and Hassan Nizrin (both were part of the 2012 WEF ecosystem session that made all this possible), Melinda Emerson, Steve Strauss, Rickie Moore and Dan Evans from Lyon/WEF AND the ever-energetic Viet Anh Vu of WEF who made all this sing. (Also thanks to WEF directors Caroline Le Brun and Angela Feigl for dropping by and not immediately running off in terror, LOL… )


* Mahesh Arungundam from the 2012 WEF ecosystem session did too [link]


Monday, November 18, 2013

Happy Global Entrepreneurship Week!

Happy Global Entrepreneurship Week!

Sorry that I keep getting invites elsewhere for this great week but I *am* thinking of you all.
Amazing, amazing things afoot globally but Idaho is inching forward. GE "Week" hasbecome a misnomer, now a year-round celebration.

In honor of GEW, I will post items this week to Twitter, Facebook, LinkedIn with hashtag #IdahoRocks so please follow at @entrep_thinking on Twitter and/or 'Norris Krueger' on LinkedIn and Facebook.

I will be posting the good news for Idaho, the USA and the world on entrepreneurship.. but please feel free to add your own items with the #IdahoRocks hashtag. (Even if you're not from Idaho, lol) I will also try to remember to update the blog with this.

MONDAY: First fun item...

During my visit to the Ewing Marion Kauffman Foundation, I made a couple of solemn promises to the Foundation, one of which was to make sure that their powerful introductory entrepreneurship training program "Ice House" get going in Idaho. Watch these videos and tell me that you aren't just as psyched as I am!

Ice House
short video (3 min): http://www.youtube.com/watch?v=Qsmsxzuu2PII
longer video: http://www.youtube.com/watch?v=0mg2GPWc0Go

Ping me via email (norris.krueger@gmail.com) or Twitter or Facebook if you're interested in helping!

TUESDAY: Top Ten Myths/Misconceptions About Entrepreneurs and Entrepreneurship!
http://goo.gl/o5Iocq

WEDNESDAY: from my dear friends at the Ewing Marion Kauffman Foundation...
Maybe THE highlight of my recent visit there! 305 people roaring with entrepreneurial energy... wow, just wow!



Wednesday, November 13, 2013

The REAL "wings" of Entrepreneurship?

Had this exchange tonight with two of my new friends from the World Entrepreneurship Forum - two of Dubai's leading entrepreneurial champions... They started by talking about the intensity of entrepreneurial activity (startups at least) and it's in the air, in the very DNA of the place.

I did my usual "How can I help?" (Trust me, these are two guys who deserve it - they were rock stars in my how-to-build-entrepreneurial-ecosystem master class/workshop... Sans doute!)

Here's the reply...
"Wings, Norris, we need the Wings ;) "

My semi-corny response...
"Ever look at a plane and wonder HOW that big piece of metal flies? But we believe it works, yes?

Wings are easy... just bend it into a reasonable airfoil.
But what you also need is the faith that you have the ingredients for flight.
And to have people like you guys around to have faith in them.

...example...
Don't seem to have enough VC/angel capital?
Of the Inc 500 fastest growing firms... every year most of them are completely bootstrapped.
Have faith that you can make it work - you WILL find the right business model.

Mentors help. Role models help. (And, yes, resources help.)
But an entrepreneurial economy is very much a self-fulfilling prophecy.
And it grows one entrepreneur at a time!

Use your December WEF event to blow some air under a few wings! "

At the same time I'm talking to a great young thinker in Denmark who is bringing together a bunch of all-stars to talk about the "microfoundations of strategy" - that is, the individual is the key player. You need innovators to grow innovation. You need entrepreneurs to grow entrepreneurship.

Most of you reading this are going "Duh!"... but you'd be surprised how many in academe AND in the halls of power who don't really believe that. Institutions matter. A lot. We do want the right kinds of enabling conditions but it still comes down to individuals taking action. Not necessarily alone but it is still about taking action.

What Makes Us Take Bold Action?
A bias toward action is important... where does it come from?
It is very situational..

What is the evidence?
* It helps to believe in our own capabilities, personal and collective.
* It also helps to know that, yes, our efforts will be worth it... that we ARE creating significant new value of somebody...
* It helps that we know that we are going to learn, even if we fall flat tomorrow.
* We act because we've taken action before in similar situations..
* And we definitely act when the risk of "missing the boat" dwarfs the risk of "sinking the boat"
Alas, our brain's own wiring conspires against us... We are quicker to act in response to a threat than we are to an opportunity... we how do we learn to override our wiring and act on opportunities?

Consider two different modes of action...
a) Reflect then act or...
b) Act then reflect?
The latter is at the heart of how human learn important things...
(Study/read/process then go for it... or learn enough to get started, then go for it, knowing that this is rarely a one-off... You get to learn and try again... if, of course, you actually learn!)
You will shocked to know that experiential learners... are more prone to take strategic action in pursuit of opportunities. Yes, we may be wired to react to negative signals more quickly and more strongly but... you have heard of neuroplasticity? This is all about re-wiring... and we all have the capability!

BTW: Here's a quick read from Wiredhttp://www.wired.com/business/2013/10/free-thinkers/

And, yes, this is my passion for constructivistic, true experiential learning that shows up again... but this time it is also what truly matters in growing an entrepreneurial economy. At the World Entrepreneurship
Forum, at NACCE, and again at the OECD's ecosystem conclave... it was a recurring subtext in much of the entrepreneurial ecosystem discussion: Action is key. Individuals acting.  (more on that in the next post...)

Thank you all for believing that we DO have wings... and for all that you do to blow wind under them... for me, for everyone.

Love you all,
Norris

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