Mk mobility keynote 11.12.11

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North American Mobility Program Stimulating Entrepreneurship

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I had the privilege of being the keynote for the North American Mobility Program hosted at the University of Manitoba. Met with Business School leaders to discuss accelerating Entrepreneurship and the impact on upward mobility

Transcript of Mk mobility keynote 11.12.11

  • 1. North American Mobility ProgramStimulating Entrepreneurship

2. Agenda What is Entrepreneurship What impacts Entrepreneurship The role of education What changes will you make? 3. What is it to be an Entrepreneur? An Entrepreneur is "one who undertakes innovations,finance and business acumen in an effort to transforminnovations into economic goods". The behavior of the entrepreneur reflects a kind of personwilling to put his or her career and financial security on theline and take risks in the name of an idea, spending muchtime as well as capital on an uncertain venture. Drucker andKnight The entrepreneur is widely regarded as an integral playerin the business culture of American life, and particularly asan engine for job creation and economic growth. RobertSobel 2/3 of Worlds Billionaires are self-made 4. MK at a Glance Entrepreneur in ResidenceSerial EntrepreneurMarathonerComputer Science/Biology Private and Public Companies Global Executive CEO Touchpoint Strategies Bilingual Spokesperson Worked in 7 countriesCustomer Driven Business CanadianExpert AdvisorLiving in NYC Philanthropist 5. Insights on Entrepreneurship Entrepreneurship does not impact an economythrough higher numbers of entrepreneurs. Vital tomeasure: growth, innovation and internationalization. Economies need to enable people to startbusinesses Countries need to encourageentrepreneurship, even when they have otherwork options 6. Global Entrepreneurship Monitor (GEM)2010 Report 7. Vital Elements for Entrepreneurship 8. Vital Elements for Entrepreneurship 9. Vital Elements for Entrepreneurship 10. Vital Elements for Entrepreneurship Entrepreneurship needs both dynamism andstability Entrepreneurship needs a variety of business phasesand types Entrepreneurship need diversity including: women minorities and under- represented agegroups Entrepreneurial mindset across a variety of stake-holders Societal acceptance/support of entrepreneurship. 11. Question for You? How do you rate your countrys performance? How do you rate your Universities performance? Whats missing? 12. US Recognized Entrepreneurial Centers San Francisco/Palo Alto = Silicon Valley Boston Austin NY San Diego 13. As long as educationalachievement keeps up withtechnological gains morejobs are created 14. The Impact of Education Bill Gross, Head of Pimco the worlds largest bondfund.The US labor force is too expensive and poorlyeducated for todays marketplace. There are 2variables: our education leaves which are lowand our wages which are high. Either we raiseour educational levels or markets will lower ourwages 15. US Mobility Today 16. Some Solutions Bill Gates: Hire the best teachers Khan Academy started by Sal Khan 3000 videos on YouTube 80 millions views Most math and science South Korean educational program = hard work Finnish start one year later than most countries,focus on creative thinking limited testing, hirebest teachers and pay them well 17. Be the Change you want to See Teachers what impact can you have? Students what do you need? What can youcontribute? How do you connect with industry, government How can you expand the North AmericanMobility Program? Other ideas 18. I Would Love to support YOU MK Marsden: [email protected] 512.970.7798 Twitter: @mk.marsden LinkedIN:MKMarsden