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SHERIDAN CHILVERS

Nottingham Roosevelt Scholar - 2011

5 key questions to create a successful business - Insights from USA

Sheridan Chilvers

My Background

Work Experience• New College Nottingham - Entrepreneur-In-Resident• Nottingham Energy Partnership – Affordable Warmth Project Coordinator• The Energy Saving Trust – Energy Advisor and Green Communities Programme

Coordinator• Nottingham City Council – Climate Research Officer – LCLIP• Alliance Boots – Assistant Supply Manager

Academic Experience• MSc in Environmental Management @ The University of Nottingham• BSc (Hons) Business and Technology @ Sheffield Hallam University

Voluntary Experience• Ecoworks, Nottingham Civic Society, Rotary, • British Council: Climate Advocate (08), International Climate Champion (09),

Delegate (10), Mentor (11) and Green Ambassador (12).

• Aims:

1) Promote Nottinghamshire;

2) Learn about American Culture; and

3) Support professional development.

Nottingham Roosevelt Scholarship

• Over 140 individuals have taken the trip to the USA.

• Established in 1945 as a living memorial to FDR

Itinerary

3 Months10 Cities, 9 States25+ OrganisationsDaily Inspiration

Purpose of visit

Research focused on:Organisations that support and develop of Social Entrepreneurs

Definitions:

Social Entrepreneurs:

“Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social

issues and offering new ideas for wide-scale change”

Ashoka

(Business) Ecosystem:

“An economic community supported by a foundation of interacting organizations and individuals—the organisms of the business world… Over time, they coevolve their

capabilities and roles, and tend to align themselves with the directions set by one or more central companies.”

James F. Moore

Areas of focus

(1) Support

Organisations

(4) Networking

Groups

(2) Educational Institutions

(3) Co-working &

Incubation spaces

Social Entrepreneurship

Ecosystem

(1) Who’s in MY Ecosystem?

Personal

• Friends

• Family

• Business Contacts

Business

• Strategic Partners

• Competitors

• Stakeholders

Locally, Nationally, Internationally

• Funding• Fellowship• Mentorship (online/offline)• Idea generation support

(1) Who’s in MY Ecosystem?...Cont

Concept Start-Up

NAME:

FOCUS:

SUPPORT:

(2) What are MY Values?

Why are they important?

• They support the decision making process

• They help to identify like minded people

• They help to identify potential partners (instead of competition)

• They represent who YOU are

Definition: “Values reflect a person’s sense of right and

wrong or what “ought” to be.”

Holstee Manifesto

(Click image to play video)

VALUES

http://vimeo.com/34414313

• Social Media - Community without boarders

(3) Who’s in MY community?

• Brings like minded people together

• Brings people around your product/service

How can you interact with your community?

Why is a having Community important?

• Co-working Spaces - Collaboration

Definition: “Community usually refers to a social unit that

shares common values.”

“We incubate people not businesses”

• Social Innovation Institute

• Ideas Market Place/ Competition

• Fellow Summit/ Global Circle

(3) Who’s in MY community?...Cont

“Some organizations incubate companies - we incubate people. Our

mission is to accelerate young leaders and help them have a global

impact before they become 30.”

*Closed Network*


Co-working Space

• Co-Loft (LA)

• Blank-Spaces (LA)

• Green Spaces (NYC)

• The HUB (San Fran)

• NedSpace (Portland)

• Green Village Philly

• Green Town Labs (Boston)

(Hybrids) Incubators

Blank-Spaces, (LA) “Work for yourself, not by yourself”

Co-Lofting, (LA) “Work, Network, Prosper”

(3) Flexibility and Adaptability

(1) Creative Environment

Top 5 benefits of using co-working spaces

(2) Bespoke Support and Services – Accelerators

(4) Ready Built Communities

(5) Opportunities for Collaboration & Openness




Nottingham

University of NottinghamEnterprise Labs

-Students

Nottingham Trent UniversityThe Hive-Students

Antenna-Creative Industries

Biocity-Life ScienceHACK SPACE

Wallis Building- IT Companies

Nottm Clean Tech Centre-Environmental Technology


(4) What’s MY Story?

• How did I get to where I am now? (Support)

• Where did I come from? (personal challenge)

• Where do you want to go and What future do I want to create for myself?

What questions do I need to ask?

Why is MY personal story important?• It helps people to connect with you

• It provides the context for your business

• The potential to inspire others

(4) What’s MY Story?..Cont

“Be Social Change is a platform that empowers, connects, and organizes the world

of social change.”

What’s Your Big Fat Hairy Goal? “What’s Your BFHG?”

“Don’t Settle”

(5) Am I being Unreasonable enough?

“Giving high-impact entrepreneurs wings”

“The reasonable man adapts himself to the world: the unreasonable one persists in trying to

adapt the world to himself. Therefore all progress depends on the unreasonable man.”

George Bernard Shaw

• Unreasonable Market Place

• 6 week institute,

• 25 Entrepreneurs,

• 30 Mentors,

• 1 Mansion,

• The Unreasonable Climax

(Click Blackboard image to play video)


Creating a catalyst

Rework Jobs

LeadershipCourse

Unreasonable Institute

Boulder, Colorado

The BoldAcademy

The HUB

TechSTARS

StudentEntrepreneurs

Boulder,Local

Authority

University of

Colorado, in BoulderNot Unreasonable Enough

Summary

• Who’s in MY Ecosystem?• What are MY Values?• Who’s in MY community?• What’s MY Story?• Am I being Unreasonable enough?

Networking…Ask the next person you meet…• What’s their BFHG is? &• Are they being Unreasonable in what they do

THANK YOU FOR LISTENING

Contact Details:• Mobile: 07938244367• Email: [email protected]• LinkedIn: sheridan.chilvers• Twitter: sdchilvers

Business Details

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