IDENTIFYING AND SUPPORTING ENTREPRENEURIAL … · *Note: This analysis is based on the 155...

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IDENTIFYING AND SUPPORTING ENTREPRENEURIAL TALENT FEBRUARY 2015

Transcript of IDENTIFYING AND SUPPORTING ENTREPRENEURIAL … · *Note: This analysis is based on the 155...

IDENTIFYING AND SUPPORTING ENTREPRENEURIAL TALENT

FEBRUARY 2015

THE STATE OF THE GLOBAL WORKPLACE

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5 billion 15+ years old 1.2 billion with jobs 3 billion want to work

1.8 billion good jobs wanted

7 billion citizens

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§  Approximately 50% new jobs from startups §  Remaining new jobs come from “small business” §  Big business job creation is zero because they tend to acquire

competitors, cut staff, reduce workforce or move companies outside the country

§  Economic Ecosystem is 100% dependent on startups and small business to create and sustain job creation

§  For the first time in 35 years, American business deaths outnumber

business births. §  400,000 new businesses are being born annually nationwide, while

470,000 per year are dying.

FUELING THE GENERATOR OF JOBS

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Copyright © 2015 Gallup, Inc. All rights reserved.

A DIFFERENT PERSPECTIVE

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3 ENDURING FACTS ABOUT TOP PERFORMERS

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1 Have Right Talent 2 Well Supported 3 Play to Strengths

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ENTREPRENEURIAL STRENGTHS

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LEVELS OF ENTREPRENEURIAL TALENT

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[VALUE]

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[VALUE] [VALUE]

[VALUE]

2 0.5

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Inc. 500* National Sample of entrepreneurs General Population

Lesser Talent Medium High Exceptional Talent

*Note: This analysis is based on the 155 entrepreneurs from the Inc.500 who took the Gallup Entrepreneurial StrengthsFinder®

% o

f Ent

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OVERALL DISTRIBUTION OF TALENT

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20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94

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Inc 500 National Sample of Entrepreneurs

Avg. talent for Inc. 500 (90th percentile of DB)

Average Talent for National sample

Exceptional

Inc 500 vs. the National Sample of Entrepreneurs

*Note: This analysis is based on the 155 entrepreneurs from the Inc.500 who took the Gallup Entrepreneurial StrengthsFinder®

Talent Score

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n  Identify Talent: Highly talented students are three times more likely to start a business

n  Foster the Talent: Students who have access to training and education about starting a business are twice as likely to plan to start a business

n  Create the right environment: If your country is business-friendly, it doubles the odds of someone starting a business

n  Nurturing Partnership: Students who have a likely business partner are three times more likely to start a business

CREATING AN ENTREPRENEURIAL ECOSYSTEM

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Copyright © 2014 Gallup, Inc. All rights reserved.

Copyright © 2015 Gallup, Inc. All rights reserved.

THANK YOU

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