Free Market Road Show 2015 The Road to Freedom. Entrepreneurship: The Mind of Innovation

Free Market Road Show 2015The Road to Freedom

Entrepreneurship: The Mind of Innovation

What Motivates Entrepreneurs?

Culture of Innovation? Belief in Access?Easy Money? Lifestyle? Community? Government Incentives?

Being Pro-Business in an Anti-Business Country

“The grandstanding by Mr. Obama and some politicians on inversions is misguided and shows a lack of understanding about how business works.”

Nigel Green – CEO of deVere Group

What do Entrepreneurs Fear?

Taxes◦Complexity & Consistency

Regulation◦Caprice◦Burden

From Forbes –“Most Important Problem Facing Your Business Today” over the last 40 years in the National Federation of Independent Business survey of its 350,000 member firms

Other Anxieties of Entrepreneurs

Family Financial InsecurityFailure / Social RetributionImbalanced Risk Ratio

What most attracts Entrepreneurs?

OpportunityFreedom / Autonomy / ControlLegacy / Accomplishment

Not on the List

CrusadingChasing Fame

The Mindset

“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game's winning shot and missed. I’ve failed over and over and over again in my life and that's why I succeed.”

Michael Jordan, NBA Hall of Famer.

In a sentence:Entrepreneurs are innovative, but remain pragmatic.

Entrepreneurs tolerate risk, but are cautious.

Entrepreneurs drive change, but embrace the known.

Entrepreneurs do not require incentive but will avoid disincentive.

Thank You!