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COPYRIGHT NOTICE COPYRIGHT NOTICE © 2010 - The Farrell Company USA 2010 - The Farrell Company USA The following presentation The following presentation is protected by is protected by international copyright international copyright law. Any reproduction and law. Any reproduction and dissemination without the dissemination without the express written consent of express written consent of The Farrell Company is The Farrell Company is prohibited. prohibited.

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Page 1: COPYRIGHT NOTICE 2010 - The Farrell Company USA © 2010 - The Farrell Company USA The following presentation is protected by international copyright law

COPYRIGHT NOTICECOPYRIGHT NOTICECOPYRIGHT NOTICECOPYRIGHT NOTICE

© 2010 - The Farrell Company USA 2010 - The Farrell Company USA© 2010 - The Farrell Company USA 2010 - The Farrell Company USA

The following presentation is The following presentation is protected by international copyright protected by international copyright

law. Any reproduction and law. Any reproduction and dissemination without the express dissemination without the express

written consent of The Farrell written consent of The Farrell Company is prohibited. Company is prohibited.

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© 2010 The Farrell Company USA

Welcome to ...Welcome to ...

TheEntrepreneurial

Age

TheEntrepreneurial

Age

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THE FARRELL COMPANYTHE FARRELL COMPANY1983 - 20101983 - 2010

THE FARRELL COMPANYTHE FARRELL COMPANY1983 - 20101983 - 2010

1.3 Million Trained1.3 Million Trained

7 Languages7 Languages

23 Int’l Affiliates23 Int’l Affiliates

3 WW Markets3 WW Markets* Corporate* Corporate* Government* Government* Individual* Individual

1.3 Million Trained1.3 Million Trained

7 Languages7 Languages

23 Int’l Affiliates23 Int’l Affiliates

3 WW Markets3 WW Markets* Corporate* Corporate* Government* Government* Individual* Individual

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WHAT IT ISWHAT IT IS

You’re An Entrepreneur!You’re An Entrepreneur!What Next?What Next?

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The High-The High-Growth Growth Practices of Practices of Great Great EntrepreneursEntrepreneurs

The High-The High-Growth Growth Practices of Practices of Great Great EntrepreneursEntrepreneurs

WHAT WE’VE LEARNEDWHAT WE’VE LEARNEDWHAT WE’VE LEARNEDWHAT WE’VE LEARNED

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GETTING ENTREPRENEURIAL!GETTING ENTREPRENEURIAL!IN CHINESEIN CHINESE

GETTING ENTREPRENEURIAL!GETTING ENTREPRENEURIAL!IN CHINESEIN CHINESE

““Entrepreneurship is the Entrepreneurship is the hottest business subject hottest business subject in China today.” in China today.”

““Entrepreneurship is the Entrepreneurship is the hottest business subject hottest business subject in China today.” in China today.”

Lei JiangCITIC Publishing, Beijing

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PETER F. DRUCKERPETER F. DRUCKER

“Bigger is better turned out to be another 20th Century myth, and Larry Farrell has eloquently explained why.”

“Bigger is better turned out to be another 20th Century myth, and Larry Farrell has eloquently explained why.”

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THE LIFE CYCLE OF ALL THE LIFE CYCLE OF ALL ORGANIZATIONSORGANIZATIONS

THE LIFE CYCLE OF ALL THE LIFE CYCLE OF ALL ORGANIZATIONSORGANIZATIONS

Startup

High-Growth Decline

Survival

EntrepreneurialEntrepreneurial ManagerialManagerial

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WHAT WE’VE LEARNEDWHAT WE’VE LEARNEDWHAT WE’VE LEARNEDWHAT WE’VE LEARNED

The Magic of The Magic of EntrepreneurshiEntrepreneurshi

pp

The Science The Science of of

ManagementManagement

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THE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISE

Customer/Product VisionCustomer/Product Vision

High-Speed InnovationHigh-Speed Innovation

Self-Inspired BehaviorSelf-Inspired Behavior

Customer/Product VisionCustomer/Product Vision

High-Speed InnovationHigh-Speed Innovation

Self-Inspired BehaviorSelf-Inspired Behavior

Sense of MissionSense of Mission Sense of MissionSense of Mission

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WALT DISNEYWALT DISNEY

““The inclination of my life The inclination of my life has been to do things and has been to do things and make things which will make things which will give pleasure to people in give pleasure to people in new and amazing ways. By new and amazing ways. By doing that I please and doing that I please and satisfy myself.”satisfy myself.”

““The inclination of my life The inclination of my life has been to do things and has been to do things and make things which will make things which will give pleasure to people in give pleasure to people in new and amazing ways. By new and amazing ways. By doing that I please and doing that I please and satisfy myself.”satisfy myself.”

THE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISE

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WHY PEOPLE, COMPANIES WHY PEOPLE, COMPANIES AND COUNTRIES ALL NEED ITAND COUNTRIES ALL NEED IT

WHY PEOPLE, COMPANIES WHY PEOPLE, COMPANIES AND COUNTRIES ALL NEED ITAND COUNTRIES ALL NEED IT

Surviving The 21Surviving The 21stst Century Global EconomyCentury Global Economy

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© 2010The Farrell Company USA

First Yourself ...First Yourself ...

GettingEntrepreneurial!

Seminar

GettingEntrepreneurial!

Seminar

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THE NEW ENTREPRENEURSTHE NEW ENTREPRENEURSTHE NEW ENTREPRENEURSTHE NEW ENTREPRENEURS

““For the ones who won’t For the ones who won’t succeed, it will be because succeed, it will be because you get in your own way — you get in your own way — not because the world not because the world doesn’t allow you.”doesn’t allow you.”

““For the ones who won’t For the ones who won’t succeed, it will be because succeed, it will be because you get in your own way — you get in your own way — not because the world not because the world doesn’t allow you.”doesn’t allow you.”

WARREN BUFFETTWARREN BUFFETT

BERKSHIRE HATHAWAYBERKSHIRE HATHAWAY

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THE NEW ENTREPRENEURSTHE NEW ENTREPRENEURSTHE NEW ENTREPRENEURSTHE NEW ENTREPRENEURS

The Biggest Risk Of AllThe Biggest Risk Of All 70% “Dreaming” About It70% “Dreaming” About It 3 Million Startups A Year3 Million Startups A Year The Ultimate MeritocracyThe Ultimate Meritocracy They Are Us!They Are Us!

The Biggest Risk Of AllThe Biggest Risk Of All 70% “Dreaming” About It70% “Dreaming” About It 3 Million Startups A Year3 Million Startups A Year The Ultimate MeritocracyThe Ultimate Meritocracy They Are Us!They Are Us!

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GETTING ENTREPRENEURIAL!GETTING ENTREPRENEURIAL!GETTING ENTREPRENEURIAL!GETTING ENTREPRENEURIAL!

Sense of Mission: Leaving Footprints in Sense of Mission: Leaving Footprints in the Sandthe Sand

Customer/Product Vision: My Customer, Customer/Product Vision: My Customer, My Product, My Self-RespectMy Product, My Self-Respect

High-Speed Innovation: When Your Life High-Speed Innovation: When Your Life Depends On ItDepends On It

Self-Inspired Behavior: Love What You Self-Inspired Behavior: Love What You Do and Get Very Good at Doing ItDo and Get Very Good at Doing It

Sense of Mission: Leaving Footprints in Sense of Mission: Leaving Footprints in the Sandthe Sand

Customer/Product Vision: My Customer, Customer/Product Vision: My Customer, My Product, My Self-RespectMy Product, My Self-Respect

High-Speed Innovation: When Your Life High-Speed Innovation: When Your Life Depends On ItDepends On It

Self-Inspired Behavior: Love What You Self-Inspired Behavior: Love What You Do and Get Very Good at Doing ItDo and Get Very Good at Doing It

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SENSE OF MISSION SENSE OF MISSION THE STARTING POINTTHE STARTING POINT

SENSE OF MISSION SENSE OF MISSION THE STARTING POINTTHE STARTING POINT

What Do I Like To Do?What Do I Like To Do? What Am I Good At Doing?What Am I Good At Doing? What Unmet Needs Do I See?What Unmet Needs Do I See? What Competitive Position What Competitive Position

Would I Have?Would I Have? What Capabilities and Cash What Capabilities and Cash

Must I Have?Must I Have?

What Do I Like To Do?What Do I Like To Do? What Am I Good At Doing?What Am I Good At Doing? What Unmet Needs Do I See?What Unmet Needs Do I See? What Competitive Position What Competitive Position

Would I Have?Would I Have? What Capabilities and Cash What Capabilities and Cash

Must I Have?Must I Have?

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WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

A Bit of MoneyA Bit of MoneyA Bit of MoneyA Bit of Money A Bit of KnowledgeA Bit of KnowledgeA Bit of KnowledgeA Bit of Knowledge

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AN ENTREPRENEUR-AN ENTREPRENEUR-FRIENDLY CULTUREFRIENDLY CULTUREAN ENTREPRENEUR-AN ENTREPRENEUR-FRIENDLY CULTUREFRIENDLY CULTURE

“… “… one of my one of my advantages is that I advantages is that I don’t have a highly don’t have a highly complicated view complicated view of business.”of business.”

“… “… one of my one of my advantages is that I advantages is that I don’t have a highly don’t have a highly complicated view complicated view of business.”of business.”

RICHARD BRANSONRICHARD BRANSON

VIRGIN GROUPVIRGIN GROUP

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A BIT OF MONEYA BIT OF MONEYA BIT OF MONEYA BIT OF MONEY

““Risk? What risk? I started Risk? What risk? I started Microsoft for just $700!”Microsoft for just $700!”

““Risk? What risk? I started Risk? What risk? I started Microsoft for just $700!”Microsoft for just $700!”

BILL GATESBILL GATES

MICROSOFTMICROSOFT

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A BIT OF KNOWLEDGEA BIT OF KNOWLEDGEA BIT OF KNOWLEDGEA BIT OF KNOWLEDGE

““Managing is the easy part. Managing is the easy part. Inventing the world’s next Inventing the world’s next great product is what’s great product is what’s hard”hard”

““Managing is the easy part. Managing is the easy part. Inventing the world’s next Inventing the world’s next great product is what’s great product is what’s hard”hard”

STEVE JOBSSTEVE JOBS

APPLE COMPUTER, NEXT, PIXARAPPLE COMPUTER, NEXT, PIXAR

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GETTING ENTREPRENEURIALGETTING ENTREPRENEURIALGETTING ENTREPRENEURIALGETTING ENTREPRENEURIAL

Do Something GreatDo Something Great

The Best Economic The Best Economic Tool Ever InventedTool Ever Invented

Don’t Do It Just To Don’t Do It Just To Get RichGet Rich

Nobody Can Stop Nobody Can Stop You . . . Ever!You . . . Ever!

Do Something GreatDo Something Great

The Best Economic The Best Economic Tool Ever InventedTool Ever Invented

Don’t Do It Just To Don’t Do It Just To Get RichGet Rich

Nobody Can Stop Nobody Can Stop You . . . Ever!You . . . Ever!

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© 2010 The Farrell Company USA

Next Your Company ...Next Your Company ...

TheSpirit of Enterprise Seminar

TheSpirit of Enterprise Seminar

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““The Conference Board’s The Conference Board’s CEO survey says top-line CEO survey says top-line growth is the number one growth is the number one challenge in every region challenge in every region of the world.”of the world.”

Gail FoslerGail FoslerChief EconomistChief Economist

The Conference BoardThe Conference Board

““The Conference Board’s The Conference Board’s CEO survey says top-line CEO survey says top-line growth is the number one growth is the number one challenge in every region challenge in every region of the world.”of the world.”

Gail FoslerGail FoslerChief EconomistChief Economist

The Conference BoardThe Conference Board

IT’S ALL ABOUT GROWTHIT’S ALL ABOUT GROWTHIT’S ALL ABOUT GROWTHIT’S ALL ABOUT GROWTH

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THE LIFE CYCLE OF ALL THE LIFE CYCLE OF ALL ORGANIZATIONSORGANIZATIONS

THE LIFE CYCLE OF ALL THE LIFE CYCLE OF ALL ORGANIZATIONSORGANIZATIONS

Startup

High-Growth Decline

Survival

EntrepreneurialEntrepreneurial ManagerialManagerial

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ENTREPRENEURIAL ENTREPRENEURIAL COMPANIESCOMPANIES

ENTREPRENEURIAL ENTREPRENEURIAL COMPANIESCOMPANIES

Keeping the Sense of Mission Alive As Keeping the Sense of Mission Alive As You GrowYou Grow

Re-instilling Customer/Product Vision in Re-instilling Customer/Product Vision in Every EmployeeEvery Employee

Fostering High-Speed InnovationFostering High-Speed Innovation Making Self-Inspired Behavior The Making Self-Inspired Behavior The

Organization StandardOrganization Standard

Keeping the Sense of Mission Alive As Keeping the Sense of Mission Alive As You GrowYou Grow

Re-instilling Customer/Product Vision in Re-instilling Customer/Product Vision in Every EmployeeEvery Employee

Fostering High-Speed InnovationFostering High-Speed Innovation Making Self-Inspired Behavior The Making Self-Inspired Behavior The

Organization StandardOrganization Standard

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ENTREPRENEURIAL ENTREPRENEURIAL COMPANIESCOMPANIES

ENTREPRENEURIAL ENTREPRENEURIAL COMPANIESCOMPANIES

““The managers knew The managers knew how to how to manage manage — but — but they didn’t know how they didn’t know how to to dodo anything.” anything.”

““The managers knew The managers knew how to how to manage manage — but — but they didn’t know how they didn’t know how to to dodo anything.” anything.”

STEVE JOBSSTEVE JOBS

APPLE COMPUTER, NEXT, PIXARAPPLE COMPUTER, NEXT, PIXAR

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KARI STEFANSSONKARI STEFANSSON

DECODE GENETICSDECODE GENETICS

SENSE OF MISSIONSENSE OF MISSIONSENSE OF MISSIONSENSE OF MISSION

““We are studying We are studying the most sacred the most sacred information that information that exists.”exists.”

““We are studying We are studying the most sacred the most sacred information that information that exists.”exists.”

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Pro

duct

Foc

usP

rodu

ct F

ocus

Pro

duct

Foc

usP

rodu

ct F

ocus

– ++ +

+– ––

Customer FocusCustomer FocusCustomer FocusCustomer Focus

CUSTOMER/PRODUCT VISIONCUSTOMER/PRODUCT VISIONCUSTOMER/PRODUCT VISIONCUSTOMER/PRODUCT VISION

EntrepreneurEntrepreneurScientistScientist

BureaucratBureaucrat Salesman

The The RealReal Magic of Mr. Magic of Mr. DisneyDisney

The The RealReal Magic of Mr. Magic of Mr. DisneyDisney

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HIGH-SPEED INNOVATIONHIGH-SPEED INNOVATIONHIGH-SPEED INNOVATIONHIGH-SPEED INNOVATION

“ … “ … when your life when your life depends on it.”depends on it.”

“ … “ … when your life when your life depends on it.”depends on it.”

AKIO MORITAAKIO MORITA

SONYSONY

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SELF-INSPIRED BEHAVIORSELF-INSPIRED BEHAVIORSELF-INSPIRED BEHAVIORSELF-INSPIRED BEHAVIOR

““They become your They become your corporate family — corporate family — you forgive and you forgive and forget and you forget and you share the good and share the good and the bad.”the bad.”

““They become your They become your corporate family — corporate family — you forgive and you forgive and forget and you forget and you share the good and share the good and the bad.”the bad.”

JANNIE TAYJANNIE TAY

THE HOUR GLASSTHE HOUR GLASS

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WHAT’S REALLY REQUIREDWHAT’S REALLY REQUIREDTO CREATE THETO CREATE THE

ENTREPRENEURIAL ORGANIZATION?ENTREPRENEURIAL ORGANIZATION?

WHAT’S REALLY REQUIREDWHAT’S REALLY REQUIREDTO CREATE THETO CREATE THE

ENTREPRENEURIAL ORGANIZATION?ENTREPRENEURIAL ORGANIZATION?

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

A Bit of MoneyA Bit of MoneyA Bit of MoneyA Bit of Money A Bit of KnowledgeA Bit of KnowledgeA Bit of KnowledgeA Bit of Knowledge

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WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?WHAT’S REALLY REQUIRED?

““You have to get beyond You have to get beyond managing. Every managing. Every employee has to learn to employee has to learn to behave as if the company behave as if the company is his own — as a true is his own — as a true entrepreneur.”entrepreneur.”

““You have to get beyond You have to get beyond managing. Every managing. Every employee has to learn to employee has to learn to behave as if the company behave as if the company is his own — as a true is his own — as a true entrepreneur.”entrepreneur.”

HERVE´ HANNEBICQUEHERVE´ HANNEBICQUE

THOMSON MULTIMEDIATHOMSON MULTIMEDIA

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© 2010 The Farrell Company USA

Finally Your Country ...Finally Your Country ...

Creating An Entrepreneurial Economy

Creating An Entrepreneurial Economy

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The mystery of economic growthThe mystery of

economic growth

The Economist

May 25 - 31st, 1996

COPING WITH CHINA, CONT’D

page 35

WELFARE WARSpage 27

Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75

West Virginia$1.50Turkey*5.50Ethiopia^6000GreeceGD6.78Florida++5.33AlbaniaP88.50Czechoslovakiaª22.00Peru55.98

Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75

Argentina$3.50AlgiersDM4.50Hong Kong$6.00Sadi Arabia%6.75Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75

Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75Argentina$3.50AlgiersDM4.50Hong Kong$6.00Saudi Arabia%6.75

““The most The most important important question in question in economics ... economics ... why are some why are some countries countries richer than richer than others?”others?”

““The most The most important important question in question in economics ... economics ... why are some why are some countries countries richer than richer than others?”others?”

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THE ENTREPRENEURIALTHE ENTREPRENEURIALREVOLUTIONREVOLUTION

THE ENTREPRENEURIALTHE ENTREPRENEURIALREVOLUTIONREVOLUTION

The The Engine of Prosperity Engine of Prosperity 90% Of All New Jobs90% Of All New Jobs Global EconomyGlobal Economy Huge “Niche” MarketsHuge “Niche” Markets Start-up Capital AvailableStart-up Capital Available The Ultimate MeritocracyThe Ultimate Meritocracy

The The Engine of Prosperity Engine of Prosperity 90% Of All New Jobs90% Of All New Jobs Global EconomyGlobal Economy Huge “Niche” MarketsHuge “Niche” Markets Start-up Capital AvailableStart-up Capital Available The Ultimate MeritocracyThe Ultimate Meritocracy

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Why The Poor Get RichWhy The Poor Get Rich Why The Rich Get PoorWhy The Rich Get Poor Why Some Poor Stay Poor ForeverWhy Some Poor Stay Poor Forever

Why The Poor Get RichWhy The Poor Get Rich Why The Rich Get PoorWhy The Rich Get Poor Why Some Poor Stay Poor ForeverWhy Some Poor Stay Poor Forever

THE PROSPERITY CYCLE THE PROSPERITY CYCLE OF NATIONSOF NATIONS

THE PROSPERITY CYCLE THE PROSPERITY CYCLE OF NATIONSOF NATIONS

Rise

Growth Decline

Fall

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ENTREPRENEURIAL BASICSENTREPRENEURIAL BASICSENTREPRENEURIAL BASICSENTREPRENEURIAL BASICS

Customer/Product CompetitivenessCustomer/Product Competitiveness

National Urgency to ImproveNational Urgency to Improve

A Nation of Self-Inspired PeopleA Nation of Self-Inspired People

Customer/Product CompetitivenessCustomer/Product Competitiveness

National Urgency to ImproveNational Urgency to Improve

A Nation of Self-Inspired PeopleA Nation of Self-Inspired People

National Sense of MissionNational Sense of Mission National Sense of MissionNational Sense of Mission

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WHAT’S REALLY REQUIREDWHAT’S REALLY REQUIREDTO CREATE ANTO CREATE AN

ENTREPRENEURIAL ECONOMY?ENTREPRENEURIAL ECONOMY?

WHAT’S REALLY REQUIREDWHAT’S REALLY REQUIREDTO CREATE ANTO CREATE AN

ENTREPRENEURIAL ECONOMY?ENTREPRENEURIAL ECONOMY?

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

An Entrepreneur-An Entrepreneur-Friendly CultureFriendly Culture

A Bit of MoneyA Bit of MoneyA Bit of MoneyA Bit of Money A Bit of KnowledgeA Bit of KnowledgeA Bit of KnowledgeA Bit of Knowledge

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AN ENTREPRENEUR-AN ENTREPRENEUR-FRIENDLY CULTUREFRIENDLY CULTUREAN ENTREPRENEUR-AN ENTREPRENEUR-FRIENDLY CULTUREFRIENDLY CULTURE

“ “ ... creating an ... creating an entrepreneurial entrepreneurial economy has economy has become public become public policy in policy in Kentucky.”Kentucky.”

“ “ ... creating an ... creating an entrepreneurial entrepreneurial economy has economy has become public become public policy in policy in Kentucky.”Kentucky.”

KRIS KIMEL, PRESIDENTKRIS KIMEL, PRESIDENT

KENTUCKY SCIENCEKENTUCKY SCIENCE

& TECHNOLOGY CORP& TECHNOLOGY CORP..

Cultural HeroesCultural Heroes Government PolicyGovernment Policy Education SystemEducation System Scientists & EngineersScientists & Engineers Startup & IPO CapitalStartup & IPO Capital Patents IssuedPatents Issued Business StartupsBusiness Startups

Cultural HeroesCultural Heroes Government PolicyGovernment Policy Education SystemEducation System Scientists & EngineersScientists & Engineers Startup & IPO CapitalStartup & IPO Capital Patents IssuedPatents Issued Business StartupsBusiness Startups

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A BIT OF MONEYA BIT OF MONEY

““We created a We created a venture venture capital fund capital fund — almost — almost unheard of unheard of for a city.”for a city.”

““We created a We created a venture venture capital fund capital fund — almost — almost unheard of unheard of for a city.”for a city.”

CHARLES MILLARDCHARLES MILLARD

ECONOMIC DEVELOPMENT CORP.ECONOMIC DEVELOPMENT CORP.

CITY OF NEW YORKCITY OF NEW YORK

Average Startup CostAverage Startup Cost$14K$14KA Year on WelfareA Year on Welfare $20K$20KA Year at HarvardA Year at Harvard $25K$25KA Year in PrisonA Year in Prison $30K$30K

Average Startup CostAverage Startup Cost$14K$14KA Year on WelfareA Year on Welfare $20K$20KA Year at HarvardA Year at Harvard $25K$25KA Year in PrisonA Year in Prison $30K$30K

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A BIT OF KNOWLEDGEA BIT OF KNOWLEDGEA BIT OF KNOWLEDGEA BIT OF KNOWLEDGE

Expert on Expert on Customer Customer andand ProductProduct

Master of Master of Entrepreneurial Entrepreneurial BasicsBasics

Expert on Expert on Customer Customer andand ProductProduct

Master of Master of Entrepreneurial Entrepreneurial BasicsBasics

MICHAEL DELLMICHAEL DELL

DELL COMPUTERDELL COMPUTER

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ENTREPRENEUR ENTREPRENEUR DEVELOPMENT PROJECTSDEVELOPMENT PROJECTS

ENTREPRENEUR ENTREPRENEUR DEVELOPMENT PROJECTSDEVELOPMENT PROJECTS

EstoniaEstonia FinlandFinland BrazilBrazil UruguayUruguay CanadaCanada IrelandIreland MalaysiaMalaysia SingaporeSingapore

EstoniaEstonia FinlandFinland BrazilBrazil UruguayUruguay CanadaCanada IrelandIreland MalaysiaMalaysia SingaporeSingapore

IndiaIndia AustraliaAustralia South AfricaSouth Africa New York CityNew York City KentuckyKentucky Apache NationApache Nation United NationsUnited Nations Northern IrelandNorthern Ireland

IndiaIndia AustraliaAustralia South AfricaSouth Africa New York CityNew York City KentuckyKentucky Apache NationApache Nation United NationsUnited Nations Northern IrelandNorthern Ireland

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ENTREPRENEURENTREPRENEURDEVELOPMENT PROCESSDEVELOPMENT PROCESS

ENTREPRENEURENTREPRENEURDEVELOPMENT PROCESSDEVELOPMENT PROCESS

Involve Local Involve Local LeadershipLeadership

Inspire Potential Inspire Potential EntrepreneursEntrepreneurs

Develop the Develop the EntrepreneursEntrepreneurs

On-going SupportOn-going Support

Involve Local Involve Local LeadershipLeadership

Inspire Potential Inspire Potential EntrepreneursEntrepreneurs

Develop the Develop the EntrepreneursEntrepreneurs

On-going SupportOn-going Support

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CREATING AN CREATING AN ENTREPRENEURIAL ECONOMYENTREPRENEURIAL ECONOMY

CREATING AN CREATING AN ENTREPRENEURIAL ECONOMYENTREPRENEURIAL ECONOMY

National Sense of MissionNational Sense of Mission Customer/Product CompetitivenessCustomer/Product Competitiveness National Urgency to ImproveNational Urgency to Improve A Nation of Self-Inspired PeopleA Nation of Self-Inspired People

National Sense of MissionNational Sense of Mission Customer/Product CompetitivenessCustomer/Product Competitiveness National Urgency to ImproveNational Urgency to Improve A Nation of Self-Inspired PeopleA Nation of Self-Inspired People

Rating Your Country: The Entrepreneurial BasicsRating Your Country: The Entrepreneurial Basics

High Priority Actions?High Priority Actions?

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CREATING AN CREATING AN ENTREPRENEURIAL ECONOMYENTREPRENEURIAL ECONOMY

CREATING AN CREATING AN ENTREPRENEURIAL ECONOMYENTREPRENEURIAL ECONOMY

An Entrepreneur-Friendly CultureAn Entrepreneur-Friendly Culture

A Bit of MoneyA Bit of Money

A Bit of KnowledgeA Bit of Knowledge

An Entrepreneur-Friendly CultureAn Entrepreneur-Friendly Culture

A Bit of MoneyA Bit of Money

A Bit of KnowledgeA Bit of Knowledge

Rating Your Country: What’s Really RequiredRating Your Country: What’s Really Required

High Priority Actions?High Priority Actions?

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SUGGESTIONS FOR SUGGESTIONS FOR CHINACHINA

SUGGESTIONS FOR SUGGESTIONS FOR CHINACHINA

Align The “Job / Baby” RatioAlign The “Job / Baby” Ratio

Product/Market CompetitivenessProduct/Market Competitiveness

Make Products The World NeedsMake Products The World Needs

Avoid The “MBA Syndrome”Avoid The “MBA Syndrome”

Honor Chinese Entrepreneurs Honor Chinese Entrepreneurs

Align The “Job / Baby” RatioAlign The “Job / Baby” Ratio

Product/Market CompetitivenessProduct/Market Competitiveness

Make Products The World NeedsMake Products The World Needs

Avoid The “MBA Syndrome”Avoid The “MBA Syndrome”

Honor Chinese Entrepreneurs Honor Chinese Entrepreneurs

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WALT DISNEYWALT DISNEY

““The inclination of my life The inclination of my life has been to do things and has been to do things and make things which will make things which will give pleasure to people in give pleasure to people in new and amazing ways. By new and amazing ways. By doing that I please and doing that I please and satisfy myself.”satisfy myself.”

““The inclination of my life The inclination of my life has been to do things and has been to do things and make things which will make things which will give pleasure to people in give pleasure to people in new and amazing ways. By new and amazing ways. By doing that I please and doing that I please and satisfy myself.”satisfy myself.”

THE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISETHE BASICS OF ENTERPRISE

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© 2010 The Farrell Company USA

Thanks for joining ...Thanks for joining ...

TheEntrepreneurial

Age

TheEntrepreneurial

Age

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COPYRIGHT NOTICECOPYRIGHT NOTICECOPYRIGHT NOTICECOPYRIGHT NOTICE

© 2010 - The Farrell Company USA 2010 - The Farrell Company USA© 2010 - The Farrell Company USA 2010 - The Farrell Company USA

The preceding presentation is The preceding presentation is protected by international copyright protected by international copyright

law. Any reproduction and law. Any reproduction and dissemination without the express dissemination without the express

written consent of The Farrell written consent of The Farrell Company is prohibited. Company is prohibited.