The document discusses trends affecting business and entrepreneurship, including deleveraging of financial markets, declining demographics as Baby Boomers retire, and technology as a new source of leverage. It also discusses opportunities in clean technology, genetic engineering, and other emerging fields. The document provides advice for transforming from an employee to an entrepreneur, including staying focused, developing relationships, being prepared to fail, and operating from a solid foundation.
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World Demographic Trend
2. The GROCO Method for Transforming
From Employee to Entrepreneur
January 9, 2009
Alliance of CEOs
Alan L. Olsen, CPA, MBA (Tax)
Managing Partner
3. The Need for Balance:
A Personal Example
#1 #2 #3
Spiritual Marriage & Career
Foundation Family Goals
4. The Law of Leverage
You can only leverage three things in business:
Time
Money
Technology
The more you leverage, the quicker you build (or lose) wealth
Remember: Its not about MAKING the money, its about
KEEPING it.
5. Recent Trends in the Economy
Deleveraging of the financial markets
Less money to put to work
Baby Boomers and the declining population
Less people to fill vital positions
Technology as the NEW leverage
Key to scalability and growth
6. Deleveraging
Government Bailouts
Freddie and Fannie, AIG
Recent bailout plans/packages
Credit Crunch and declining housing market
Less credit flowing through the economy
I-Banking shift to commercial
Goldman Sachs, Morgan Stanley, Merrill Lynch
8. Declining Demographics
By 2050, 60% of Europes workforce will be over 60
Many key industries to suffer: health care,
manufacturing, energy, and the public sector. E.g.:
Only 198,000 students to fill the retirement of 2
million Baby Boomer engineers
300,000 out of 1.3 million new IT jobs will go
unfilled
金60% of all new jobs will require skills held by on
20% of the current workforce.
Source: Deloitte
10. Recent Trends in Venture Capital
Clean Technology
Solar Energy
Wind Energy
Semantic Technology and Web 2.0, 3.0
金Star-Trek-like, interactive web-use
Genetic Engineering
Re-engineering our world
11. Transformation from
Employee to Entrepreneur:10 Truths
Stay Focused (Pareto Principle)
It takes more than one person to grow a business
Relationships are the key factor
Be prepared to fail
Developing trusts in relationships
Define your market
Define your expertise
Character communicates potential
Do you have the ability to inspire others?
Are you operating on a rock-solid foundation?
12. Future Possibilities
PILOTLESS
ABUNDANT STAR TREK BUILDINGS 5X IMPROVED
ELECTRIC CARS
CHEAP WATER HEALTH THAT CONSUME BATTERIES
DEVICES LESS
GENETIC
E-EDUCATION ALL COMPUTING 3-D ON DEMAND STORABLE
DISEASE
FOR THE FROM THE CLOUD ENTERTAINMENT INSTANT
PREDICTION
MASSES FRESH MEALS
CURE FOR 5蔵/KWH 100+MBPS TO NEW LIFE CURE FOR
CANCER, AIDS & ELECTRICITY THE HOME FORMS HEART DISEASE
MALARIA W/O FOSSIL FUEL
15. Best Time to Invest in Venture
CapitalistsNever!
Valuations will never be this low
again.
Entrepreneurs can get amazing
people for cheap.
Less competition for new
technologies.
Governments need us now more
than ever.
16. 5-7 years from now:
Large companies who have cut
R&D will be looking for products
and services to sell
Liquidity pendulum will have
swung back
New boom, led by Cleantech,
Web 2.0, and other emerging
technologies
17. Great companies solve big problems,
or create great opportunities
Solving
Company
Transportation Problem
Reva, Tesla
Energy Problem
Enernoc, Solar City
Medical Problem
AthenaHealth,
Media Control Problem
Skype, Hotmail,
Education Problem
Meebo
Financial Problem
Graspr,
Ebay Problem
Skygrid, YeePay,
Spam Problem
Mchk
Wigix