Frank Fawzi Presents The Secrets of the Successful Entrepreneur

Post on 10-Apr-2015

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Frank Fawzi, CEO & Chairman of IntelePeer, dicusses the secrets of the successful entrepreneur at Stevens Institute of Technology.

Transcript of Frank Fawzi Presents The Secrets of the Successful Entrepreneur

Secrets of the Successful Entrepreneur

Stevens Research & Entrepreneurship Day

Frank FawziCEO and Chairman

www.IntelePeer.com

IntelePeer and the IntelePeer logo are trademarks of IntelePeer, Inc. Copyright © 2010 IntelePeer™, Inc. All Rights Reserved.

Page 2

Frank Fawzi Bio

Data Communication Architect at AT&T Bell Labs

Founded CommTech Corporation in 1992, with $15.1M in funding from Morgan Stanley Venture Partners and NBTel

Built CommTech and sold it to ADC Telecom for $178M in 2001

Chairman and CEO of IntelePeer

Engineer

Entrepreneur

Experienced Leader

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What is Entrepreneurship?

Risk

Innovation

Wealth Creation

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Inside the Mind of an EntrepreneurIdeas

ConnectionsPassion

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The Entrepreneurial Process

Concept

Business Plan

Seed/Angel Funding

Prototype/Beta

VC Funding

Scale

Validate

Review

Build team

Trial & validation

Find customers

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Does Location Matter?

The Magic of Silicon Valley

Access to VC capital

Democratization of higher education

Network effect

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Entrepreneurship and Innovation

Is the glass half empty, or half full?

…Neither

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Creating a Culture of Innovation

Agility vs. control Risk management Empowerment Speed

High performance organization

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Innovation in Mature Industries

Commodity products Competitive advantage,

differentiation & barriers to entry

Industry transformation

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A Brief IntelePeer History

Voice Peering• Launch of Voice

Peering NetworkTM and Super RegistryTM

Telecom + Web• Launch of

AppworXTM, cloud platform for communications-enabled apps

The Great Recession• Telecom cost

savings drives our growth

Global Recovery• Strategic use of

communications as a revenue driver

• Renewed investment in next-gen capabilities

The Cloud Communications Company

What’s next?Creative entrepreneurs like you can drive the next wave of innovation with our tools

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Thank You

Frank Fawzi

Chairman and CEO

Office: (650) 235-8530

Mobile: (561) 634-1080

ffawzi@intelepeer.com

IntelePeer, Inc. Proprietary and Confidential