Download - Brad Bertoch Presentation to SECFC13

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Page 1: Brad Bertoch Presentation to SECFC13

Building  the  Social  Venture  

Presented  by:        

SOCIAL  ENTERPRISE  AND  CROWDFUNING  CONFERENCE  

September  27,  2013  Snowbird,  Utah  

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WBI  Alumni  (since  2009)  Social  Ventures  Can  Raise  Money  

•  Sonic Innovations •  Larada Sciences •  Social Good Network •  WAVE •  4Charity.com •  OtoKinetics •  Bunnell •  e-Sens •  FlowPay

•  Simplure •  Dhybrid •  Shelter2Home •  Radian Bio Energy •  CBI Polymers •  Medicruiser •  Go Natural CNG •  Waste Water Compliance

Systems •  Hawaii BioTech •  Suretec Energy Innovations

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For  New  Non-­‐Profit  Ventures  

Treat  charitable  foundaUons  as  Venture  Capitalists  •  Show  a  business  model  •  Have  a  business  plan  •  Demonstrate  a  great  value  proposiUon  •  Know  your  compeUUon  •  Demonstrate  an  ROI  

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Finding the Right Money for a Social Venture

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Can You Raise Money?  Questions Investors Ask  

•  Is It a Business?

•  Can You Keep It?

•  Can You Do It?

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Is It a Business? Business Model •  The failure to Innovate •  The failure to Create Value •  The failure to Persist Over Time

Can You Keep It? Sustainability

•  The failure to Maintain Economic Scarcity

•  The failure to Prevent the Appropriation of Created Value

•  The failure to Maintain Flexibility

Reasons Deals Fail What Investors Look For

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14  Basic  Business  Models  

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Charity  

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14  Basic  Business  Models  

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Competence  Based  Success  

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How the Entrepreneur is Perceived by an Investor is………. Everything  

•  Assessing an Entrepreneur –  What is the Depth of Your Entrepreneurial Skill Set?

–  Are You CEO Material?

–  What is your “Type”

–  What is your “Role”

An Ounce of Perception Can be Worth a Pound of Performance

Can  You  Do  It?  

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Resources  

•  Investors  Circle  •  Community  FoundaUon  of  Utah  •  Crowdfunding  •  Industrial  Loan  CorporaUons  •  TechSoup  •  Social  Good  Network  

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FINAL  THOUGHTS  

•  There  is  nothing  more  expensive  than  potenUal  

•  Beware  the  law  of  unintended  consequences  •  No  good  deed  goes  unpunished  •  If  an  idea  is  worth  doing,  it’s  worth  doing  with  somebody  else’s  money.