Category: Entrepreneurship

Entrepreneurship

Entrepreneurship

This Golden Era for Entrepreneurs UBC Sauder School of Business

by Basil Peters | November 1, 2014 | no responses

M&A is the Transition from Innovation to Growth

Lecture to the MBA class: Growing and Exiting a Venture at the UBC Sauder School of Business on why I believe this is a 'Golden Era' for entrepreneurs.

Topics include:

  • There has never been a time before when it was so easy for so many entrepreneurs,
  • to create such valuable companies on so little capital,
  • and sell them so early for so much money
  • The biggest change in the 21st century
  • Big...

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Entrepreneurship

Double Your Exits – 6th Angel Summit Dunedin, New Zealand

by Basil Peters | March 8, 2014 | no responses

Valuation and Angel Education

I believe Angel Investors could double their number of exits. This would double the returns on their portfolios. Yes, double. This video is from the 6th Annual Angel Investor Summit, Dunedin, New Zealand.

Double Your Exits includes:

  • OK, I’ll say it…Most angel investors lose money
  • We need to talk about it and I know we are already improving
  • Generating a consistent return on any investment portfolio isn’...

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Entrepreneurship

Why Big Companies Can’t Innovate

by Basil Peters | February 15, 2014 | 13 Comments

Untitled-3

When I was in grad school I co-founded a company that grew to become the second largest manufacturer of cable television headend equipment in the world. For the ten years after I graduated, I woke up every morning thinking of ways to out-innovate our two major competitors. We were a startup and they were both Fortu...

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Entrepreneurship

The Exit Strategies Workshop 2011 Part 1
The Economy Has Changed

by Basil Peters | October 11, 2012 | no responses

Exits Workshop Part 1

The first presentation at The Exit Strategies Workshop 2011 describes why this is a "Golden Era for Entrepreneurs."

Highlights of Part 1 - The Economy Has Changed:

  • The whole world has changed.
  • The big tech companies aren't creating wealth anymore - for their investors or employees.
  • Startups create ALL of the new jobs.
  • What does this mean for the startup economy? How can we make money?
  • F...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 1

by Basil Peters | | no responses

Being-an-Entrep-Part1_200X97

Highlights of Being an Entrepreneur in the 21st Century - Part 1:

  • Everyone living here has enjoyed a very high standard of living.
  • Unfortunately, that's changing. The economy has changed. The whole world is changing.
  • Entire countries are bankrupt and more are certain to follow. Lehman Brothers is gone. GM was bankrupt.
  • Why is this happening? Quite simply - global trade. The world has become a very ...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 2

by Basil Peters | | no responses

Being-an-Entrep-Part2_200X98

Highlights of Being an Entrepreneur in the 21st Century - Part 2:

  • Uh, Oh. These are our friends and family! And we really need their money.
  • The solution: Fairness, Alignment and Governance. All built into the structure of the company.
  • More good news is that there are lots of angel investors.
  • Angel Co-Investment - groups of angels now often invest $5 to $10 million in a company over several rounds.<...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 3

by Basil Peters | | no responses

Being-an-Entrep-Part3_200X97

Highlights of Being an Entrepreneur in the 21st Century - Part 3:

  • Many big companies have so much cash that it's a problem.
  • Big companies are not the only buyers. There are many more medium and small sized buyers.
  • And an even larger number of successful, wealthy, boomers who have realized they aren't ready to retire.
  • A "weekender" is where entrepreneurs build an entire company in a weekend.
  • ...

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Entrepreneurship

Startups Create ALL the Jobs

by Basil Peters | September 18, 2011 | 6 Comments

Startups_Create_ALL_the_Jobs_Kauffman_Foundation

I was a little sad listening to President Obama talk about his job creation plans last week. Most of us in North America would agree that our highest economic priority is finding ways to create more new jobs. My take on Obama's plans is that he proposes to borrow more, or tax more, to subsidize companies to hire the people who are least employable. He also plans to require companies to "buy American" as long as that won’t increase prices more ...

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Entrepreneurship

Canada’s Most Valuable Company – RIP

by Basil Peters | September 12, 2011 | 4 Comments

RIP Nortel | Image credit NetworkWorld

My previous post discusses some of the reasons the best and brightest are leaving big companies to work in startups. One factor is that the employees in the world’s greatest software, chip and networking companies haven’t earned any significant wealth from options for over a decade. The result is that many of the most valuable employees have been choosing to work in startups where there is a better opportunity to do innovative work and make possib...

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Entrepreneurship

Start Up Now Keynote Speech at Enterprize 2009

by Basil Peters | February 7, 2009 | no responses

Start Up Now - Keynote Speech at Enterprize 2009

As part of putting something back, I often speak to students about starting companies - ideally while they are still at university. This is a video of my Awards Dinner Keynote speech at Enterprise 2009.Enterprise 2009 on February 7, 2009. My goal was to encourage more students to start companies while they are still at university. I included s...

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