Learn the role entrepreneurs play in our economy today and why young people are falling out of the system in droves. College is not the golden ticket it once was. With 80% of college graduates working in fields they didn't study and paying down an average of $30K in student debt, we are losing a generation before they have a chance to be innovative. We need problem solvers to clean up severe global issues. Supporting entrepreneurs while they are still in school with tools and mentoring to help them bypass the many pitfalls that prevent them from starting their own business is the topic of this slideshare.
Role of social media marketing in digital marketing.pdf
The Future Belongs to the Entrepreneur
1. • Fiscal crises in key economies
• Structurally high un/underemployment
• Water crises
• Severe income disparity
• Climate change mitigation and adaptation
• Extreme weather events
• Food crises
• Failure of major financial institutions
• Profound political and social instability
A Brave New World:
Why The Future
Belongs to the
Entrepreneur!
2. • Fiscal crises in key economies
• Structurally high un/underemployment
• Water crises
• Severe income disparity
• Climate change mitigation and adaptation
• Extreme weather events
• Food crises
• Failure of major financial institutions
• Profound political and social instability
The World Has Changed
We cannot continue to do things the
same way and expect different results…
Common core education standards
are insufficient in this new world…
30-year retirement with one company
is a thing of the past for most…
3. 1. Fiscal crises in key economies
2. Structurally high un/underemployment
3. Water crises
4. Severe income disparity
5. Climate change mitigation and adaptation
6. Extreme weather events
7. Global governance failure
8. Food crises
9. Failure of major financial institutions
10.Profound political and social instability
10 greatest threats facing the world
-2014 World Economic Forum
5. Entrepreneurs and our Economy
• Entrepreneurs create 75% of all new jobs
(Small Business Administration)
• Microenterprises represent 15% of the U.S.
economy and 90% of the businesses
located in the poorest areas of the 100
largest U.S. cities. (Small Business Administration)
• America needs to create a NET 21 million
new jobs by 2020 in order to return full
employment (McKinsey Global Institute)
6. Students and our Economy
• Today, 2.4 million college graduates can’t find
jobs in their field of study. That's a whopping
80% of all college grads. (U.S. Dept of Labor Statistics)
• While the nation’s unemployment wavers at
10%, it’s nearly 20% for young adults
(U.S. Dept of Labor Statistics)
• 54% of the Millenials (18-34 year olds) would
like to start their own business. Only 11% of
the Millenials plan on doing so in 2012.
(Kauffman Foundation)
8. High School Students
• By the end of today 3,287 students will drop
out of high school. That’s 1.2 million per year
or one every 9 seconds. (Education Week)
• 75% of state prison inmates are high school
dropouts. (Alliance for School Choice)
• 81% of dropouts say they would have stayed
in school if subject matter were more
relevant to real life. (NFTE)
9. High School Entrepreneurs
• 7 out of 10 high school students want to
start their own companies. (Gallup)
• Less than 25% of high school students are
offered a business or entrepreneurial
course by the time they graduate. (Gallup)
13. We Know…
Entrepreneurs must wear lots of hats
60%+ companies fail within first 5 years
These entrepreneurs don’t have a college degree
14. We Infer…
Starting a business is easier before:
• Student debt (71%) graduates
• At an average of $29,400
• Marriage
• Children
• Mortgage
• Health Issues
• Family Deaths
Young people most ideal entrepreneurs
15. B.A.S.E. Camp Curriculum:
~ Initial Idea (Business Model)
~ Interpersonal Skills
(Professionalism &
Communication)
~ Design & Technology
(Product Development)
~ Basic Finance & Legal
Work (Business Skills)
~ Marketing Strategies (Web,
Social Media, Advertising)
~ Presentation Skills (Sales
Pitch, Final Presentation)
Students have access to:
~ Mentors & Industry experts
~ Publicly present their
business
~ Scholarship money
~ A real-world marketplace
16. Connecting People, Technology, and Capital to Drive
Innovation
Office: 100 E. Main St. Suite A Medford, OR 97504
Mail: PO Box 1075 Medford, OR 97504
Desk: (541) 414-0000
Cell: (541) 646-8649
www.svtg.org
info@svtg.org