labs.is.co.zajustin spratt – 27 July 09

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THE SOLUTION:Innovation + Entrepreneurs

So who the is this guy?

The Bad News: Global Recession

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How Fear Drove the Recession – Fear is Now Bottoming Out

“The only thing we have to fear is fear itself.”

-- Franklin Roosevelt

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US Retail Sales

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US housing market

Source: INet

NAHB/Wells Fargo Housing Market Index

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Global Contraction

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Recovery time-lines

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The Good News

Developing Economies Growing

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Developing EconomiesAdvanced Economies

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• Lived in 3 countries SA = LOTS of talent

• Enough $ for new business Horizon, 4DiCapital, HP-Ventures, HBD

• Govt regulatory drag is RELATIVELY low

• Highly networked countrylabs.is.co.za

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Taking Stock

BUT we need more entrepreneurs!

Need increased penchant for

“I want to put a dent in the universe”

Steve Jobs

“We used to dream about this stuff. Now, we get to build it. It’s pretty neat”

Steve Jobs

Make a Difference…

Or live on your island…bought with money from the listing

We need you!