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Over the years, the recipe for stimulating entrepreneurs changed with our generation, ecosystem and time. We cannot create entrepreneurs today with yesterdays magic formula. Look around you! Is fuelling your dream easier today? With what can we REALLY fuel our dream? Can you get from here to there? Lets venture together on an entrepreneurial journey . This is where YOUR adventure begins.

Entrepreneurship Development: The Recipe and the Magic Formula?

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A brief description of the entrepreneurial journey, the ingredients of success and if there is really a silver bullet.

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Page 1: Entrepreneurship Development: The Recipe and the Magic Formula?

Over the years, the recipe for stimulating entrepreneurs

changed with our generation, ecosystem and time. We cannot

create entrepreneurs today with yesterday’s magic formula.

Look around you! Is fuelling your dream easier today? With

what can we REALLY fuel our dream? Can you get from here to

there?

Let’s venture together on an entrepreneurial journey. This is

where YOUR adventure begins.  

Page 2: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 3: Entrepreneurship Development: The Recipe and the Magic Formula?

NOW  

THEN Entrepreneurship Development:

The Recipe and the Magic Formula?

Words  by  Dr.  Ed  Canela  Graphics  by  Google  Images  and  private  collec:ons  Contact:  ed.canela@gmail,    FB:  facebook.com/edcanela,  @edcanela1,    

Page 4: Entrepreneurship Development: The Recipe and the Magic Formula?

Here    

ED is the process

of conceiving,

starting,

developing,

promoting,

growing, scaling-

up and exiting

from an

enterprise

adventure.

Page 5: Entrepreneurship Development: The Recipe and the Magic Formula?

How?  Macro:  Policy  and  Ins:tu:ons  Micro:    Individuals  and  Groups,  Players  and  Ins:tu:ons  

Page 6: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 7: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 8: Entrepreneurship Development: The Recipe and the Magic Formula?

In micro, TOO

Many

Hardships may only come

from the outside (MACRO), but failure can only come

from the inside (MICRO)!

Page 9: Entrepreneurship Development: The Recipe and the Magic Formula?

There’s the SYSTEMATIC view..... academic, banks, etc.

This is the

Formula of all ED

courses

Page 10: Entrepreneurship Development: The Recipe and the Magic Formula?

Then, there’s

the JUST DO IT

view.....

Practical,

school of

experience

No one can teach

you this method.

You need passion,

hard work, &

lots of luck!

Page 11: Entrepreneurship Development: The Recipe and the Magic Formula?

NOW  

THEN INGREDIENT 1:

YOU & YOUR TEAM

Page 12: Entrepreneurship Development: The Recipe and the Magic Formula?

LIFE is the toughest school.

YOU never know what class

YOU are in, what exam YOU

will have next and YOU

cannot cheat because

nobody else has the same

question paper. It’s just

YOU, the road, and YOUR

choices!

Page 13: Entrepreneurship Development: The Recipe and the Magic Formula?

-don’t like the status quo -like to make this world a better, brighter and happier place -suspect tradition -reject conformists -loathe mediocrity -like to be a pioneer, founder renegade, visionary, innovator -do not like to sell out to safety nets and benefits  

Are an

entrepreneur?

You are if you;  

-refuse to play by the rules imposed by others -are not a cog in another person’s machine -clocks make you shudder -don’t give up easily -loves to sell -don’t like predefined paths -have strong self-belief -are soooo passionate -sees opportunities everywhere -know you need others to help -uncomfortable working for others  

Page 14: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 15: Entrepreneurship Development: The Recipe and the Magic Formula?

They are getting younger!

Page 16: Entrepreneurship Development: The Recipe and the Magic Formula?

Your Team

Page 17: Entrepreneurship Development: The Recipe and the Magic Formula?

I  like  to  add:    

The  StoryTeller  

Page 18: Entrepreneurship Development: The Recipe and the Magic Formula?

NOW  

THEN INGREDIENT 2:

YOU & YOUR IDEAS

Page 19: Entrepreneurship Development: The Recipe and the Magic Formula?

I bet you

only have

one!

Page 20: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 21: Entrepreneurship Development: The Recipe and the Magic Formula?

BUT what

if you

fail?

Page 22: Entrepreneurship Development: The Recipe and the Magic Formula?

IDEA Management

Page 23: Entrepreneurship Development: The Recipe and the Magic Formula?

LIVE

CREA

TIVELY

Page 24: Entrepreneurship Development: The Recipe and the Magic Formula?

Look  at  our  enterprises  today…..  

Its  not  impossible,  its  just  that  no  one  has  done  it  yet!!!  

Page 25: Entrepreneurship Development: The Recipe and the Magic Formula?

You can change your

direction overnight, but

never your destination

When you have decided on

the idea, woNDERFUL things

start to happen...

Page 26: Entrepreneurship Development: The Recipe and the Magic Formula?

NOW  

THEN INGREDIENT 3:

YOU & YOUR PLAN

Page 27: Entrepreneurship Development: The Recipe and the Magic Formula?

Venture  Capitalist,  Angels  

Mentors  &  Friends  

Poten:al  Partners  

Incubator  Suppliers  

Lawyer  

Customers  &  even  more  customers  

THE PLAYERS

Page 28: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 29: Entrepreneurship Development: The Recipe and the Magic Formula?

1.  Customer  Journeys  &  Empathy  Map  

2.  Business  Canvas  

3.  StartUp  Readers  

4.  Pitching  

Page 30: Entrepreneurship Development: The Recipe and the Magic Formula?

Don’t let

someone who

gave up on

their dreams,

talk you out

of yours!

When something is not

working, don’t change

your dream. Just change

your approach.

At this stage, share your

ideas, test your

assumptions, try to make

things REAL, Fail quickly

with little pain, repeat

until SUCCESS! Together!

Page 31: Entrepreneurship Development: The Recipe and the Magic Formula?

NOW  

THEN INGREDIENT 4:

Do it well

Page 32: Entrepreneurship Development: The Recipe and the Magic Formula?

RECIPE for SUCCESS:

Heat up an idea

Take ACTION

Mix it up with

DESIRE and PASSION

Then add a dash of

PERSISTENCE.

Page 33: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 34: Entrepreneurship Development: The Recipe and the Magic Formula?

Success is no

accident.

It is hard work,

perseverance,

learning, studying,

sacrifice and most of

all, Love of what

you are doing. Pele

Page 35: Entrepreneurship Development: The Recipe and the Magic Formula?

Be aware...ALWAYS!

Life has 2 rules:

1.  NEVER Quit

2. ALWAYS remember Rule 1.

The future belongs to

all who prepares for it.

TODAY.

Page 36: Entrepreneurship Development: The Recipe and the Magic Formula?

Never get so

busy making

a living that

your forget

to make a

Life

Page 37: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 38: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 39: Entrepreneurship Development: The Recipe and the Magic Formula?
Page 40: Entrepreneurship Development: The Recipe and the Magic Formula?

For  mentoring    Contact  me:  ed.canela@gmail,    FB:  facebook.com/edcanela,  @edcanela1,  LinkedIn