Are Belgians Made to be Entrepreneurs

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Transcript of Are Belgians Made to be Entrepreneurs

Replicating Silicon Valley in Brussels

Probably yes… and we can help by bringing Silicon Valley to Brussels

The Founder Institute (www.fi.co) is the world's largest entrepreneur training and startup program, helping aspiring founders across the globe build enduring companies.

In a four-month, part-time program, participants "learn by doing" and launch a company through structured training courses, practical business-building assignments, and expert feedback from experience entrepreneurs.

The Founders Institute is proven to work. Among graduates 70% succeed and 45% get funding!  

The next program starts 2014-11-18, Applications are being accepted now at http://fi.co/apply/brussels

THE FOUNDER INSTITUTE

Tonight…

Myths, Opportunities…

3 Ts to bring Silicon Valley to Brussels

Part 1THE MYTHS

MYTH 1: VC MONEY

VC Money Doesn’t Come First – VCs follow valueValue is built on an ecosystem and talent

Good Companies

QualityHires

Grow Expand

Partners& deals Liquidity

Merger

IPOVC

MYTH 2: ACADEMIA

Not Many Universities, and You Can’t “Teach” Entrepreneurship“People learn by doing “

Passion IdeaTalent

MYTH 3: FACILITIES

The Top Technology Companies Started in a GarageFacilities can be great…but they are not the anser

MYTH 4: RUB OFF

Visiting Corporate Campuses is Boring and Cubicles SuckThe secret is working (really working) together

MYTH 5: TALENT

Most talent is imported, there is more talent elsewhere (and it’s cheaper!)

Part 2THE OPPORTUNITY

INTEREST IN BECOMING AN ENTREPRENEUR …

4%

INTEREST IN BECOMING AN ENTREPRENEUR …

4%

50%

http://geert-hofstede.com/belgium.html

YOU CAN BE UNIQUE IN BELGIUMIF YOU’RE READY TO TAKE RISK…

It’s not a place.It’s a mindset.

Silicon Valley

Talent + Training + Teamwork

Silicon Valley Mindset:

Part 3

Bringing the reality of Silicon Valley to Brussels

(Talent)

There are great entrepreneurs

everywhere

Tested >15Kentrepreneurs.

THE METHODOLOGY

Fluid Intelligence (not IQ)Big 5 personalityTrouble indicators

THE TEST

FLUID INTELLIGENCE

Answer: Piece 7 is the correct answer. Why?

The piece has to contain a triangle, because all the complete rows and columns contain one rectangle, square and triangle. So that eliminates

choices 3, 4 and 5.

The piece has to contain a flat yellow oval, because the row it is in contains other pieces with flat yellow ovals. So that eliminates pieces 4, 6 and 8,

leaving 1, 2 and 7.

The piece also has to have a flat yellow oval at the bottom, because the row already contains pieces with flat yellow ovals at the top and middle. That

eliminates choice 1.

The triangle also has to be tall and wide, because the other shapes in the row are tall and wide. That eliminates choice 2, leaving choice 7 as the

correct answer.

Key Results …

PROFESSIONAL EXPERIENCE

HIGH FLUID INTELLIGENCE

HIGH OPENNESS

MODERATE AGREEABLENESS

BAD FOUNDER DNA

How do founders in different cities compare?

THE BELGIAN ENTREPRENEUR

Belgium vs. USABelgium ~6.41% less extrovertedBelgium ~5.35% more agreeableBelgium ~4.37% higher fluid intelligence Belgium vs. SVBelgium ~1.996 higher emotional stabilityBelgium ~8.2% less extrovertedBelgium ~6.28% more agreeableBelgium ~2.68% higher fluid intelligence  

EMOTIONAL STABILITY

EXTRAVERSION

OPENNESSS

FLUID INTELLIGENCE

AGREEABLENESS

CONSCIENTIOUSNESS

BXLSILICON VALLEY AVIV

TELBERLIN

Part 3B

Bringing the reality of Silicon Valley to Brussels

(Training)

REALITY 2: GIVING BACK

SILICON VALLEY: Training

Multiple Knowledge-Sharing Events Every Day/Night

MENTORS GIVING BACK…

Part 3C

Bringing the reality of Silicon Valley to Brussels

(Teamwork)

REALITY 3: WORKING TOGETHER

REALITY 4: SHARED OWNERSHIP

FOUNDER INSTITUTE: Teamwork

When one wins, everyone wins.

It’s not a place.It’s a mindset.

Silicon Valley

Great companies can be built anywhere

1/. A SMALL FUN PRE-TEST

2/. APPLY & TAKE THE TEST:FI.co/join/dna

Get the results

2 special offers…

A MINI TEST (PART 1A)

A MINI TEST (PART 1B)

A MINI TEST (PART 2)

SCORING

6-9

3-5

<3

THANK YOU!