Transcript (Entrepreneurial Community -PPT)

Dave Shideler, Ph.D., Community Development Specialist
Oklahoma State University/Oklahoma Cooperative Extension Service
April 11, 2013

Recognize the value of home-based and/or
micro businesses to small communities

Describe what makes a community
entrepreneur-friendly

Describe a “small business owner.”

Describe an entrepreneur.

(Type your word in the chat box; if you don’t
see the chat box, click on the ‘Text Chat’
button at the top of your screen.)

Entrepreneur is:
“One who undertakes or manages”
(Online Etymology Dictionary; http://www.etymonline.com/index.php?term=entrepreneur)
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Contemporary use often associates the
following:
Risk, Growth, Technology

Economic impact of locally-owned businesses
 Commitment to place
 Decentralized procurement – means more money
circulating in the local economy

Social/Sustainability impact of locally-owned
businesses
 Development of trust and ‘bridging’ social capital
 Develop social cohesion
 Insulate community from national/regional events
 Provide environmental benefits?

How do your communities identify small
businesses?

What measures are used to evaluate small
business/entrepreneurship programming?

(Using your chat box, share, in ‘Tweet’
fashion, how your community ‘measures’
entrepreneurship.)
www.youreconomy.org; accessed 4/2/13 at 1:11 pm
Estab
2007
Total
Estab
2010
258,149 320,706
Estab %
Change
Jobs
2007
Jobs
2010
Jobs %
Change
24.2%
1,915,773
1,943,510
1.4%
Noncommercial
6.03%
5.34%
10.00%
11.20%
11.56%
4.70%
Nonresident
4.39%
3.02%
-14.50%
19.17%
17.22%
-8.90%
Resident
89.58%
91.64%
27.10%
69.63%
71.21%
3.80%
Self employed (1)
34.41%
38.49%
39.00%
4.64%
6.35%
39.00%
Stage 1 (2-9)
46.44%
46.57%
24.60%
19.31%
22.01%
15.60%
Stage 2 (10-99)
8.24%
6.20%
-6.60%
27.67%
25.99%
-4.70%
Stage 3 (100-499)
0.44%
0.34%
-3.60%
10.19%
9.59%
-4.50%
Stage 4 (500+)
0.05%
0.04%
-5.90%
7.82%
7.26%
-5.70%
www.youreconomy.org; accessed 4/2/13 at 1:11 pm
Sales
2007
Total
Sales
2010
$211.7 bil $206 bil
Sales%
Change
-2.70%
1.83%
1.95%
3.70%
Nonresident
25.72%
23.76%
-10.10%
Resident
72.46%
74.30%
-0.20%
9.71%
8.97%
-10.20%
Stage 1 (2-9)
11.70%
11.38%
-5.30%
Stage 2 (10-99)
29.72%
31.03%
1.60%
Stage 3 (100-499)
18.06%
18.86%
1.60%
3.27%
4.06%
21.00%
Noncommercial
Self employed (1)
Stage 4 (500+)

Climate

Infrastructure

Support Systems
Energizing an Entrepreneurial Economy: A Guide for County Leaders by D. Markley, K.
Dabson, D. Macke;
http://elgg.energizingentrepreneurs.org/pg/file/DebMarkley/read/927/energizing-anentrepreneurial-economy-a-guide-for-county-leaders

Awareness

Recognition

Culture

Anonymity

Quality of Life

How do your communities currently do any of
the just mentioned activities?

(Use your chat box to share examples of
climate-building activities.)

Real Estate

Utilities

Services

Taxes and regulations

Networking

In what ways have your communities sought
to address issues of infrastructure for
entrepreneurs?

(Use your chat box to share examples.)

The group of services and programs to
encourage and benefit the entrepreneur

Best to think of a progression of services:
 Essential
 More intensive
 Most extensive

Construct a positive climate and provide
entrepreneurial infrastructure
 Increase awareness about entrepreneurs
 Recognize entrepreneurs’ contribution to the
community
 Facilitate networking

Ensure access to appropriate business
services

More intensive programming:





Entrepreneurial training
Financial capital
Access to markets
Youth
Most extensive programming:




Customized help
Angel investment/Venture capital sources
Integration of entrepreneurship into local schools
Entrepreneurial support organizations

How ready is your community to be
entrepreneurial?

Complete this worksheet:




Entrepreneurs are important to our economy
– federal, state and local
In OK, they are critical to the stability and
growth of our economy
Local governments need to be intentional to
support this segment of their economies
Questions?
 [email protected]
 405-744-6170
 http://rd.okstate.edu