Are Belgians Made to be Entrepreneurs

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

Transcript of Are Belgians Made to be Entrepreneurs

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Replicating Silicon Valley in Brussels

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

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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

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Tonight…

Myths, Opportunities…

3 Ts to bring Silicon Valley to Brussels

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Part 1THE MYTHS

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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

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MYTH 2: ACADEMIA

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

Passion IdeaTalent

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MYTH 3: FACILITIES

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

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MYTH 4: RUB OFF

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

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MYTH 5: TALENT

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

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Part 2THE OPPORTUNITY

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INTEREST IN BECOMING AN ENTREPRENEUR …

4%

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INTEREST IN BECOMING AN ENTREPRENEUR …

4%

50%

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

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

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It’s not a place.It’s a mindset.

Silicon Valley

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Talent + Training + Teamwork

Silicon Valley Mindset:

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Part 3

Bringing the reality of Silicon Valley to Brussels

(Talent)

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There are great entrepreneurs

everywhere

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Tested >15Kentrepreneurs.

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THE METHODOLOGY

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Fluid Intelligence (not IQ)Big 5 personalityTrouble indicators

THE TEST

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FLUID INTELLIGENCE

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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.

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Key Results …

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PROFESSIONAL EXPERIENCE

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HIGH FLUID INTELLIGENCE

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HIGH OPENNESS

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MODERATE AGREEABLENESS

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BAD FOUNDER DNA

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How do founders in different cities compare?

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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  

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EMOTIONAL STABILITY

EXTRAVERSION

OPENNESSS

FLUID INTELLIGENCE

AGREEABLENESS

CONSCIENTIOUSNESS

BXLSILICON VALLEY AVIV

TELBERLIN

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Part 3B

Bringing the reality of Silicon Valley to Brussels

(Training)

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REALITY 2: GIVING BACK

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SILICON VALLEY: Training

Multiple Knowledge-Sharing Events Every Day/Night

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MENTORS GIVING BACK…

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Part 3C

Bringing the reality of Silicon Valley to Brussels

(Teamwork)

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REALITY 3: WORKING TOGETHER

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REALITY 4: SHARED OWNERSHIP

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FOUNDER INSTITUTE: Teamwork

When one wins, everyone wins.

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It’s not a place.It’s a mindset.

Silicon Valley

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Great companies can be built anywhere

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1/. A SMALL FUN PRE-TEST

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

Get the results

2 special offers…

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A MINI TEST (PART 1A)

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A MINI TEST (PART 1B)

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A MINI TEST (PART 2)

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SCORING

6-9

3-5

<3

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THANK YOU!