Post on 30-May-2018
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MIT IDEAS
MAY 4, 200
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MIT IDEAS
The Great
Opportunity Our
Generation Has
By Ryan Allis, CEO of
May 4, 2009IDEAS COMPETITION
MIT
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My Goal
Motivate you to focus your
time and passion on solvingworld changing social issues
and give you the resources to
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A quote…
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“We achieve
what we wantto achieve. If
we are notachieving
something itis because wehave not put
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What’s On T
The Great Opportunity Our Generation Has1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
1
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Business Background•Age: 24•Position: CEO of iContact Corp.
•Size: 165 Employees
•Annual Sales: $28 million
•Capital Raised: $13.8 million
•Customers: 47,000
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The Team
6
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1
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The Team
1
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The Team
43
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83
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iContact 2009iContact 2009Com an PhotoCom an Photo
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The Team
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Social Background•
Executive Director: The HumanityCampaign, Inc.
•Board Chair: Nourish International
•Working With: Africa Rising, Ashoka, AcumenFund, Opportunity Intl, Stop Hunger Now, UN
Foundation
•Countries Working In: U.S., Uganda, Kenya,
Ghana, Tanzania, Guatemala, Honduras, Peru,
Mexico
•Areas Working In: Water distribution,
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The Kids
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The Humanity Campai
The mission of The Humanity Campaign is to work to reduce
poverty and hunger by increasing access to education,
healthcare, technology, and entrepreneurial opportunity in the
U.S. and in developing countries.
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The Humanity Campaign
The Humanity Campaign• Started in November 2005, originally a global
network of bloggers writing about experiences in
developing countries
•
Incorporated in February 2008, now a grantmaking foundation
• We contribute 50% of funds in the U.S. and 50%
in developing countries
• Contributing to organizations in 6 countriesworking in primary education, water distribution,
health care, nutrition, microfinance, and
vocational training
• Small now, but growing as iContact succeeds
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Nourish International• Nourish teaches college students
entrepreneurship and then uses the
net profits from ventures to contribute
to and volunteer at sustainable
projects in developing countries
• Started in 2001 at UNC-Chapel Hill
• Chapters now at 21 colleges in the U.S.
• Adding 10 additional college chapters
in 2009-2010
• Sending 65 students to 7 projects this
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Social Entrepreneur
Entrepreneur & Social EntrepreneurMeetups
1. Started June 2007. Now held monthly at my
house in CH
2. About 70-80 attendees each month
3. All ages/backgrounds. People who care about
8 – 9pm – Socializing
9 – 930pm - Intros
930 – 1030pm – Presentations (2 business, 2
social)
1030 – 11pm – Announcements, Life Changing
8/14/2019 MIT IDEAS Social Entrepreneurship Competition, Ryan Allis, The Great Opportunity of Our Generation, May 2009
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Buzzword Bingo Fun…
Social Business
Social Enterprise
Capacity-Building
Microfinance
Sustainability
LDCs Upcycling
Social
Appropriate Technology
Intervention
Bottom-up
PPP
Weatherizing
Scalability
Green Jobs
Top-down
LEED
Vertical Farming
Cradle to Cradle
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The Challenges WeThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
2
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Slide showing rise in CDOs and credit swaps
NASDAQ at 1719, same as it was in
DJIA at 8212 same as it was in 1998
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DJIA at 8212, same as it was in 1998
The last 13 years of stock market
BRIC ETF d 61 47% i J
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BRIC ETF down 61.47% since June
Unemployment Rate Highest Since
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Unemployment Rate Highest Since
IPO Pricings 1999 2008
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IPO Pricings 1999-2008
Down 84% in 2008, Only 1 So
Source: http://www.ipohome.com
Gl b l Ch ll
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Global ChallengesKey Global Challenges
1. Extreme hunger and food distribution2. Water sanitation and distribution
3. Infant mortality
4. Lack of access to childhood education
5. Malaria, measles, TB, diarrhea, HIV/AIDS
6. Human rights violations, sex trafficking, and child
soldiering
7. Fossil fuel usage leading to climate change
8. Nuclear proliferation
9. Major conflicts in Congo, Palestine, Sudan,
Afghanistan, Iraq
10. Lack of transparent leadership in Zimbabwe, N. Korea,
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h i i
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The Opportunities WeThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
3
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In the big picture, this decline is just a blip in growth
DJIA 1967-2009
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Here’s another 13 year period when stocks were flat
DJIA 1969-1982
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But look what happened between 1982-1995.
DJIA 1982-1995
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Yale Professor Robert Shiller’s P/E10 Ratio as of May 4,09 is 15.14 down from 43.51 in April 00
P/E10 2000-2009
Source:
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Only 23.5% of humanity is on the Internet as of 2009.
There is much growth to go. There is great coming power
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Infant Mortality is Decreasing…
Reduced by 50% in last 45 years
Source: http://www.gatesfoundation.org/annual-letter/
Gl b l O t iti
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Global OpportunitiesKey Global Entrepreneurial Opportunities
1. Agricultural production yields2. Food distribution and logistics3. Water collection, sanitation and distribution4. Wireless electricity distribution5. Wireless mesh broadband networks6. Conflict resolution consulting7. Leadership transparency consulting8. Improved education and reform9. Improved preventative health care and reform
10.Clean tech/alternative fuel (the coming GreenRevolution)
You could build a billion dollar company in each
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ProfitEQUALS
SUSTAINABILITYSUSTAINABILITY
EQUALS
ProfitEQUALS
SUSTAINABILITY
H t G t F d d 101
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How to Get Funded 101How to Get Funded
1. Submit to Competitions Like MIT IDEASMootCorp (UT-Austin) MIT 100K Challenge
1. Apply to Start-up Summer Mentorship Programs Y-Combinator (SF) LaunchPad (DC)
TechStars (Boulder, CO)1. Pitch to Boston Angel Networks2. Connect With Great Boston Venture Capital Firms
Highland Capital Partners - Neill OcchiogrossoMatrix Venture Partners – Nick Beim
5. Send in Your Plan Via a Trusted Referrer6. Find Current Entrepreneurs and Buy Them Lunch
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DESIGN FOR
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DESIGN FORPEOPLE
ENGINEERFOR LIFE
A Vi i f th
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A Vision for theThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
4
A Vision for the World
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A Vision for the World
I’d Like to Work With You Over the Next 50 Years to Create a World in Which…
1. There is no killing of humans on a mass scale
(genocide or warfare)
2. All humans have access to the basic human
needs of clean water, nutritious food, shelter, and
primary education
3. We end preventable diseases like malaria, TB,
and measles
4. We are environmentall sustainable
Starting from a Simple
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Starting from a Simple
All Lives Have
Is this possible?
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Is this possible?
Can we actually end genocide, warfare,starvation, and preventable disease in our
lifetimes?
YE
Is this possible?
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Is this possible?
Can we actually provide accessible cleanwater, food, shelter, and primary education
to every human in our lifetimes?
YE
But people laugh
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But people laugh…
“But older people laugh at me.”
“Experienced” people laughed at Marconi when
he claimed had a device that wirelessly
“Experienced” people laughed at Yunus whenhe said he could lend to poor women with no
“Experienced” people laughed at Edison when he
said he had a device that recorded sound
But how?
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But how?
It Takes Entrepreneurs…1. Many of the future leaders of our generation are
in this room right now. You are one of them. We
can achieve anything we set our minds to.2. We do it through a combination of
entrepreneurship and social entrepreneurship.
3. We do it through investments in education,infrastructure, technology, leadership, and
sustainable energy.
a s a oc a
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a s a oc a
A social entrepreneur is
someone who rearrangesresources to improve the
world
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A New & Better Model?
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A New & Better Model?
A New Model of Distributed Bottom Up
Individuals& On theGround NGOs
LocalEntrepreneurs & People
Projects withappropriatescale and
bought-into
CSR at iCont
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CSR at iContThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
5
CSR at iContact
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CSR at iContactCSR at iContact
1. We believe in the 1% solution
2. We provide 1% of our annual payroll back to our
community.
3. In 2008, we contributed $57,000 to 37 different
non-profits
4. In 2009, we’re on track to contribute $110,000
5. We split the contribution approx. 50% U.S., 50%
international
6. We do service projects with Habitat and Foster
Why We Do It
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Why We Do It
The Why Behind CSR at iContact1. Because it’s the right thing to do
2. Because it’s part of the purpose of our company
5. Because we get positive attention that attracts
customers and new team members
“The purpose of iContact is not to make profits nor revenue.It is to create good jobs, give back to our community, and
help organizations market more effectively. If we do these
things right, the profits will follow.” – The Purpose of
The Lessons I’ve Lea
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The Lessons I ve LeaThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
6
The Lessons I’ve Learned
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The Lessons I ve Learned
The Lessons I’ve Learned
1. If we are not achieving something, it is because
we have not put our minds to it.
2. We have great challenges facing our generation,
but even greater opportunities.
3. Surround yourself only with positive people and
great mentors.
4. Thoughts become things. Write down and frameyour goals.
5. It takes at least five years from when you start to
make it, so start taking action today.
The Lessons I’ve Learned
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The Lessons I ve Learned
The Lessons I’ve Learned
6. Don’t be afraid of failure or of making mistakes.
Things will go wrong.
7. Don’t take yourself too seriously.
8. Live life to its fullest. Be passionate. Do whatmakes you happy.
9. Money means nothing if you don’t have
friendships, health, and love.
10.Our generation can, and must address the majorinequities of opportunity in the world.
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Changing the W
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Changing the WThe Great Opportunity Our Generation Has
1. My Background
2. The Challenges We Face
3. The Opportunities We Have
4. A Vision for the World
5. CSR at iContact + Why We Do It
6. The Lessons I’ve Learned
7. How We Can Change the World Together
7
The Future For Me?
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The Future For Me?
Figure Out How to Change the World inthe Most Impactful Way Possible
Through:
•Entrepreneurship
•Social Entrepreneurship
•
Investing•Writing
For More Informat
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For more information you can visit…•My Blog: www.ryanallis.com
•My Book: www.zeromillion.com
For More Informat
How We Can
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I’m happy to help however I can. You canreach me via:
How We Can
Let’s Work Toget
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Let’s work together as entrepreneurs, social
entrepreneurs, and public servants for the
next five decades to:
Let s Work Toget
Our generation has an immense opportunity if we
1. Provide accessible clean water, food, shelter,
and primary education to every human
2. End genocide, warfare, starvation, and
preventable disease.
“W hi
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“We achieve
what we wantto achieve. If
we are notachievingsomething itis because wehave not put
Thank you!
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THANK
Thank you!
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Some Recommended
8/14/2019 MIT IDEAS Social Entrepreneurship Competition, Ryan Allis, The Great Opportunity of Our Generation, May 2009
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Some RecommendedDevelopment-Related Books
1. Three Cups of Tea
2. Fortune @ The Bottom of the Pyramid
3. Secret History of the American
Empire
4. Confessions of an Economic Hitman
5. The End of Poverty
6. The White Man’s Burden
7. Globalization and Its Discontents
8. Be The Change
Business/Economics Related
1. Think & Grow Rich
2. Hot-Flat and Crowded
3. How to Win Friends & Influen
4. Lexus and the Olive Tree
5. The Commanding Heights
6. Reinventing the Bazaar
7. The 5 Dysfunctions of a Tea
8. Good to Great
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