Building Social Ventures

1. Building
the
Social
Venture
Presented
by:
SOCIAL
ENTERPRISE
AND
CROWDFUNING
CONFERENCE
September
27,
2013
Snowbird,
Utah

2. 2
WBI
Alumni
(since
2009)
Social
Ventures
Can
Raise
Money
• Sonic Innovations
• Larada Sciences
• Social Good Network
• WAVE
• 4Charity.com
• OtoKinetics
• Bunnell
• e-Sens
• FlowPay
• Simplure
• Dhybrid
• Shelter2Home
• Radian Bio Energy
• CBI Polymers
• Medicruiser
• Go Natural CNG
• Waste Water Compliance
Systems
• Hawaii BioTech
• Suretec Energy Innovations
2

3. For
New
Non-­‐Profit
Ventures
Treat
charitable
foundaUons
as
Venture
Capitalists
• Show
a
business
model
• Have
a
business
plan
• Demonstrate
a
great
value
proposiUon
• Know
your
compeUUon
• Demonstrate
an
ROI

4. Finding the Right Money for a
Social Venture

5. 5
Can You Raise Money?
Questions Investors Ask
• Is It a Business?
• Can You Keep It?
• Can You Do It?

6. Is It a Business? Business Model
• The failure to Innovate
• The failure to Create Value
• The failure to Persist Over Time
Can You Keep It? Sustainability
• The failure to Maintain Economic
Scarcity
• The failure to Prevent the
Appropriation of Created Value
• The failure to Maintain Flexibility
Reasons Deals Fail
What Investors Look For

7. 14
Basic
Business
Models

8. Charity

9. 14
Basic
Business
Models

10. Competence
Based
Success

11. 11
How the Entrepreneur is Perceived by an
Investor is………. Everything
• Assessing an Entrepreneur
– What is the Depth of Your Entrepreneurial Skill Set?
– Are You CEO Material?
– What is your “Type”
– What is your “Role”
An Ounce of Perception Can be Worth a Pound of Performance
Can
You
Do
It?

12. Resources
• Investors
Circle
• Community
FoundaUon
of
Utah
• Crowdfunding
• Industrial
Loan
CorporaUons
• TechSoup
• Social
Good
Network

13. FINAL
THOUGHTS
• There
is
nothing
more
expensive
than
potenUal
• Beware
the
law
of
unintended
consequences
• No
good
deed
goes
unpunished
• If
an
idea
is
worth
doing,
it’s
worth
doing
with
somebody
else’s
money.