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Planet Entrepreneur: The World Entrepreneurship Forum's Guide to Business Success Around the World PDF

256 Pages·2013·1.15 MB·English
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WEBFFIRS 09/04/2013 11:41:6 Pageii WEBFFIRS 09/04/2013 11:41:6 Pagei P L A N E T ENTREPRENEUR WEBFFIRS 09/04/2013 11:41:6 Pageii WEBFFIRS 09/04/2013 11:41:6 Pageiii P L A N E T ENTREPRENEUR THE WORLD ENTREPRENEURSHIP FORUM’S GUIDE TO BUSINESS SUCCESS AROUND THE WORLD STEVEN D. STRAUSS AND MEMBERS OF THE WORLD ENTREPRENEURSHIP FORUM WEBFFIRS 09/04/2013 11:41:7 Page iv Cover image: World Flags © iStockphoto.com/mstay Cover design: Wiley Copyright © 2014 by Steven D. Strauss. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with the respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor the author shall be liable for damages arising herefrom. For general information about our other products and services, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002. Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on- demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com. LibraryofCongressCataloging-in-PublicationData: Planetentrepreneur:theWorldEntrepreneurshipForum’sguidetobusinesssuccessaround theworld/[editedby]StevenD.Strauss. pagescm Includesindex. ISBN978-1-118-78952-0(cloth);ISBN978-1-118-81075-0(ebk); ISBN978-1-118-81099-6(ebk) 1. Entrepreneurship. 2. Successinbusiness. I. Strauss,StevenD.,1958- II. WorldEntrepreneurshipForum. HB615.P522014 658.4021–dc23 2013028889 PrintedintheUnitedStatesofAmerica 10 9 8 7 6 5 4 3 2 1 3GFTOC 08/30/2013 10:24:1 Pagev CONTENTS AbouttheWorldEntrepreneurshipForum vii WorldEntrepreneurshipForum’sFoundingMembersDefinition ix PrefacebyTugrulAtamer xi Acknowledgments xv AuthorNote xvii SECTIONI THENEWWORLD 1 Chapter1 TheGlobalEntrepreneurialRevolution 3 InderjitSingh Chapter2 TheEntrepreneurialTechnological Transformation 21 NikhilAgarwal SECTIONII EXPLORERSOFTHENEWWORLD 35 Chapter3 Entrepreneurs:TheNewGlobalAdventurers 37 Dr.ColinJones Chapter4 GoingGreen:BusinessasanAgentofChange 49 ThaisCorral,incollaborationwithJarrodRussell andDanieleCesano Chapter5 SocialEntrepreneurshipandtheEndofCharity 63 TonyMeloto v 3GFTOC 08/30/2013 10:24:2 Pagevi vi Contents Chapter6 EmpoweringWomenandMinority Entrepreneurship 75 JeannieE.Javelosa Chapter7 UntappedPotentialattheBaseofthePyramid 89 JackSim SECTIONIII THETOOLKIT 103 Chapter8 HelloEntrepreneurs,GoodbyeBorders 105 BaybarsAltuntas Chapter9 NewFinancingforaNewEra 119 DavidDrake Chapter10 SocialMedia:TheGameChanger 133 FadiSabbagha Chapter11 ParadigmShiftsinEducation 147 Anna-LenaJohansson Chapter12 CreatinganEntrepreneurialEcosystem 161 NicolasShea SECTIONIV JOININGTHEENTREPRENEURSHIP REVOLUTION 177 Chapter13 Intrapreneurship 179 StevenD.Strauss Chapter14 TakingYourBusinessGlobalintheDigitalAge 191 LaurelDelaney Chapter15 TheSelf-EmployedEntrepreneur 207 StevenD.Strauss Index 217 3GFBETW 08/30/2013 10:13:10 Pagevii ABOUT THE WORLD ENTREPRENEURSHIP FORUM T he World Entrepreneurship Forum is a unique concept. It embraces thetotalityoftheentrepreneurialecosystem,includingbusinessentre- preneurs, social entrepreneurs, policy makers, experts, and academics. It is a community of entrepreneurship from five continents and a powerful global network of leaders selected for their achievements and commitment to society. Every year, the Forum gathers over 250 partic- ipants,comingfrom60countries,willingtojoinwiththeirpeerstothink, act, and transform their environment. It is both a think tank and a do tank: (cid:129) Memberssharethelatesttrendsandissuesaboutglobalentrepreneurship. (cid:129) They develop ideas and recommendations aimed at promoting and spreading entrepreneurship worldwide. (cid:129) They facilitate entrepreneurial initiatives on a local or global scale. The World Entrepreneurship Forum promotes the development of entrepreneurship, creating wealthand social justice. Thisdual approach, economic and social, is one of the distinguishing features of the Forum. The Forum’s “Entrepreneur for the World” Awards showcases internationally renowned role models who illustrate the Forum’s core values of entrepreneurship that creates wealth and social justice, in the following five categories: 1. Entrepreneur 2. Young entrepreneur 3. Social entrepreneur vii 3GFBETW 08/30/2013 10:13:10 Page viii viii About the World Entrepreneurship Forum 4. Educati onal entreprene ur 5. Policy maker The Junior World Entrepren eurship Forums (two- and three-day forums in universi ties) are meant to give voice to junior entrepreneurial causes and initiatives worldwide . The World E ntrepreneurship Forum also develops local events and initiativ es, to be hoste d within local, regional, or national chapte rs and emphasizi ng the dynamism, the networks, the best practi ces, and the entreprene urial challenges of the coun try. Since 2008, the World Entrepreneurship Forum has seen 600 partic- ipants, 75 countries, 4 white papers, 50 listed best practices, 18 rewarded role models, 10,000 students attending Junior Forums in 18 countries, 150 press articles in 35 countries in 2012, 1 online collaborative platform, and 5 founding partners from Europe and Asia. www.world-ent repreneurship-for um.com contact@wo rld-entrepren eurship-forum.c om

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Contributors: Tugrul Atamer, Inderjit Singh, Nikhil Agarwal, Colin Jones, Thais Corral, Tony Meloto, Jeannie Javelosa, Jack Sim, David Drake, Baybars Altuntas, Fadi N. Sabbagha, Anna-Lena Johansson, Nicolas Shea, Laurel Delaney How to develop an entrepreneurial mindset, begin a successful venture, a
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