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Structured Enablement of Entrepreneurship - a holistic viewEntrepreneurs’ Winter Networking ReceptionKing’s Commercialisation Institute - 6 February 2013
USA • UK • INDIA
Progressive IntelligencePartners in Achievement Henriette Raphael House
Guy’s CampusLondon SE1 1ULDr. Sanjeev B. Ahuja
Managing DirectorProgressive Intelligence Pvt. (UK) Ltd.
President, TiE UKAdvisory Board, Storybricks
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 2
The Inconvenient Truth
Limited institutional
accountability
Limited institutional
accountability
Job markets have thinned; while
eligible job seekers have risen
Job markets have thinned; while
eligible job seekers have risen
The current economic malaise may stretch well into this decade
The current economic malaise may stretch well into this decade
Public and private institutions are
straight-jacketed
Public and private institutions are
straight-jacketed
We cannot all become
investment bankers and
traders
We cannot all become
investment bankers and
traders
Entire generation of disenfranchised
young men and women
Entire generation of disenfranchised
young men and women
Dark clouds have indeed gathered!
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 3
But all is not gloom and doom
Global population
stands at 7B; all are
potential prospects
1.4B still live without
electricity and 780M without
drinking water!
Global Online Retail $0.5T;
growing @ 15% p.a
World has shrunk; 1B connected to
Gangnam Style as though it were Phil Collins singing it!!
Unimaginable opportunities exist!
Android, Samsung & Apple mobile
ecosystem $10B; 750M devices
Mobile Gaming $7.5B; next 3 yrs
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 4
Risks of listening to someone on a soapbox
Being up here on stage this evening will likely make even some of my evangelical fervour come across as insightful or
worse, as profound revelation!
Best if you take my rhetoric with a grain of salt; follow it up with loads of self-reflection and at least some sound advice.
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 5
Now the sermon …
We are not here to talk about the successful few who are making millions but rather the millions who simply aspire to
make a success of it …
Entrepreneurship is increasingly a more promising career choice, offering a way to control your own destiny and
often, grab a windfall of disproportionately high returns.
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 6
Are you ready?
History is undoubtedly (re-)written by those who succeed; but it is those who are not afraid to fail that get to write
their future …
… you can take charge of your own lives, resist the notions of entitlement or dependency on public/social institutions, take calculated risks and carve your way to economic well-
being; even fame!
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 7
• Work Ethic• Internship Experience• Ability to Follow Direction• Knowledge of:
‐ Accounting Finance & Budgets‐ Science, Technology, Engineering & Math
• Skills‐ Interpersonal‐ Communication‐ Problem Solving
• A Sense of Adventure• Good Eye Contact• Firm Handshake
• Self Confidence• Awareness• A Sense of Adventure• Networking• Focus• Tenacity• Originality• Knowledge of Business Basics• Leadership & Teamwork• Creative Thought Process for
Collective Innovation
Top Entrepreneurial SkillsTop Soft Job Skills©
© 2012 Hinton Human Capital
Do you have it in you …?
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 8
Some Sobering StatisticsIn 2011, the Global Entrepreneurship Monitor (GEM) reported that,
9.8% of working age adults in the UK expected to start a business within the next 3 years, compared to 15.8% in the US.
Total early-stage entrepreneurial activity (TEA) in the UK was 7.6% compared to 12.3% in the US. This was a 25% rise in the UK from the
previous year, compared to a 100% rise in the US.
Back in 2008, IHS Global Insight had found that while VC investment represented 0.2% of US GDP, the revenue of companies created by the
industry represented 21% of GDP (2008 - $14T).
A strong VC industry is essential to our future as well; the Govt is looking to the entrepreneurial sector for job creation, economic
development, better healthcare, cleaner technology, and a faster, better, and more secure internet to build a thriving new economy.
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 9
EventsPartnershipsEffective networksBusiness affiliations Cross-border collaborations
Academic Programs
Informed policy agendaPublic/Pvt enabling bodiesAwareness and excitement
Influence
Extend
Deliver
Launch
Asp
irat
ion
Where we want to be
Fostering Entrepreneurship in the UK
Flag Discuss Explore Practice
Maturity
Where we are today
Thought leadershipMentoring and coachingAccess to willing capitalInstitutional involvement
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 10
The Indus Entrepreneurs (TiE)TiE’s aim is to make entrepreneurial success and economic
well-being more systemic and less a matter of chance.
It is the world’s largest global non-profit organization to be singularly focused on entrepreneurship, as a unique vehicle
for self-reliance and sustainable wealth creation.
TiE has 62 chapters and 13,000 members in 18 countries across 5 continents. TiE UK is one of its larger chapters.
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 11
TiE in the UKIn the Nature vs. Nurture debate, if the former is about
genes then the latter is about gene-splicing.
Entrepreneurship can be taught; one does not have to be born with a particular DNA strand.
We are unique in offering structured enablement, effectual global networking, and hands-on mentoring and coaching.
Over the last 3 years, 200 entrepreneurs at different stages and across sectors have been mentored by TiE UK alone!
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 12
Fostering entrepreneurs is rooted in seeding the mindset
Connecting all the dots …
Development of an idea under incubation
Guiding the business towards sustainable growth
Mentoring the entrepreneur through a maturing process
Effective harvesting of the asset, once developed
TiE UK offers vital support to entrepreneurs throughout their venture lifecycle!
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 13
KEY DRIVERS FOR TiE UK
Structured Enablement of Entrepreneurs
ClassroomPracticalLifecycle
Influential & Effectual Business Networking
EventsPrograms
Opportunities
Engaged Members and Committed Sponsors
Premium AdviceMembership BenefitsThriving Community
Along with other Strategic Partners.
© Copyright 2013 Progressive Intelligence Pvt (UK) Ltd. 14
In ConclusionEntrepreneurship is not a defined science; but nor is it a game of dice. It is a practice - you start on a well trodden path but
then write the rules as you encounter new situations!
Dream freely.Believe boldly.
Pursue passionately.Share openly.
If you wonder, “Is my idea good enough”, “Where do I start”, “Who can I use as a sounding board”, “Can I afford to take this
risk”, “How can I get funding”, “What if I fail” ...… then TiE UK can help you answer these questions!