High-Impact Entrepreneurship

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Chilean TV Show Brings Endeavor Stories to Life: Arch Daily, Buscalibre and Prey Among Highlighted Companies

This past weekend marked the launch of Demprendedores, broadcast on CNN Chile and Vive TV Chile, an 8-part series that looks at the challenges and successes of five Chilean tech entrepreneurs. Three of the five are Endeavor companies including ArchDaily, Buscalibre and Prey Project. Another featured company, Maker Space, is the second venture for Tiburcio de la Carcova, who became an Endeavor Entrepreneur with his original company Atakama Labs. The fifth company, Mediastream, was a candidate at Endeavor’s recent International Selection Panel in Buenos Aires. Each of the episodes, broadcast weekly, looks at the five companies and founding entrepreneurs from a different focus. Following an introduction to each company’s products/services, the show looks at themes including marketing, founding vision, successes, failures and social responsibility.

To see a preview (in Spanish) of Demprendedores, click here or view the video below.

 

 

Linda Rottenberg’s Day 1 Speech

Linda Rottenberg, CEO and Co-founder of Endeavor, delivered a speech in Rio de Janeiro at the Global Entrepreneur Congress (GEC) hosted by Endeavor Brazil. The speech was part of Endeavor Brazil’s “Day 1” series, where entrepreneurs talk about days that forever changed their entrepreneurial journeys.

Linda spoke before a packed audience about her “Day Ones,” including the day when, as an Ashoka fellow in Argentina in the late 90s, she had her “eureka moment” and first thought up the Endeavor model; the day when Argentina business tycoon Eduardo Elsztain agreed to fund the launch of Endeavor’s first office in Buenos Aires; the day when Endeavor Global Board Chairman Edgar Bronfman, Jr. pushed Linda to ratchet Endeavor’s global presence up to 25 countries by 2015; and finally, the day when she realized that in order for Endeavor to lead a global high-impact entrepreneurship movement, she needed to hire senior leaders, thereby  transforming her team from a rock star into a rock band.

Other Day 1 speakers included Brad Feld, Managing Director of Foundry Group, Luciano Huck, Brazilian TV star (and the first Brazilian to garner one million twitter followers), and Edivan Costa, Brazilian Endeavor Entrepreneur and Founder of business registration company, SEDI.

 

 

Strong Interest Continues Surrounding Endeavor Miami

In a wide-ranging TV interview, Knight Foundation Program Director Matt Haggman speaks about Endeavor’s upcoming launch in Miami and what led the Foundation to lend its support.

Click here to watch the video.

Linda Rottenberg discusses “scale-ups” with WOBI

Endeavor CEO and Co-Founder, Linda Rottenberg, spoke with the World of Business Ideas (WOBI) on the inflection points entrepreneurs face.

Is it okay to fire a friend? Should your company take capital? Do you want to franchise? “All of these strategic questions are the decision making points that we find at endeavor,” Rottenberg says. “ [These] are the moments of inflection when companies either stay flat or have that hockey stick effect.”

She discusses in the interview that not everyone is going to be a high-impact entrepreneur. “Entrepreneurship at the end is about the stomach. Do you have the stomach to make those tough decisions and to try to mitigate risk?”

Rottenberg finds that most entrepreneurs are not fearless risk takers. They want to be responsible and make smart choices. But where can they go for help?

“I think mentorship is really key,” she tells WOBI. Rottenberg believes that learning from the successes and failures of others can help entrepreneurs get past these points and properly scale their businesses.

The founders of WOBI, Nelson Duboscq and Eduardo Bruchou are two of Endeavor’s earliest entrepreneurs who have benefited from such mentorship. Since joining Endeavor’s network in 1999, their company HSM Group, which provides executive management education, has grown in revenues by 397%. HSM launched WOBI last year, providing another multimedia platform for sharing innovative business ideas from experts like Rottenberg.

Watch the video, “Linda Rottenberg: When Real Entrepreneurs Come to Life” on WOBI here.

For Rottenberg’s previous video, “Five Lessons for Aspiring Entrepreneurs”, see here.

eMBA Alumni Gather Over Wine and Cheese for Reunion in NYC

Alumni of Endeavor’s eMBA Program – which places business school students at Endeavor companies worldwide – mingled at Moore Bros. Wine Co. to network and exchange stories of their educational experiences overseas. Here are short interviews of some of the attendees:

 

 

Endeavor Brazil Releases Documentary Series Trailer

Endeavor Brazil put together a preview video for their new documentary series, “Go For It”. The series will focus on six Brazilian start-up businesses, as well as the entrepreneurial environment in the country.

The trailer below, which has English subtitles, introduces these high-impact entrepreneurs and their stories.

 

 

 

Video interview: Endeavor Entrepreneur Wael Attili of Kharabeesh [Wamda TV]

Reprinted from Wamda. Original article here.

By Nina Curley

This week’s entrepreneur of the week is Wael Attili, the founder of animation and Arabic digital media company Kharabeesh and Endeavor Jordan company Think Arabia, a creative production, technology and publishing company for the Middle East and North Africa.

Kharabeesh is one of Jordan’s success stories currently, not just because they created our icon, The Mini Entrepreneur. After several of its political cartoons went viral during the Arab Spring, the company began expanding and now offers five seperate content streams, Toons, its adult animation channel, Dawsha, its music production channel, Tahsheesh, its comedy center, Kharabeesh Street, its talk show channel, and Rusoom, its channel for caricatures.

Attili, who spoke at CoE Animate about how the internet democratized animation, chats about how Kharabeesh monetizes digital content, why Kharabeesh has launched a roadshow in Amman and Ramallah that will come to Dubai, and how his family has supported him through the company’s tougher moments.

It’s a new era for digital media in the region. “This is the first time we see young celebrities from YouTube and people are waiting to get their autograph. This is something we’ve never been able to see before,” he says.

[Disclosure: Think Arabia has received funding from MENA Ventures, the investment vehicle run by Wamda's Chairman, Fadi Ghandour].

A chat with Endeavor network member Fadi Ghandour: how to encourage entrepreneurship in the Arab world [Wamda TV]

Reprinted from Wamda. Original article here.

By Nina Curley

At the Abu Dhabi Media Summit last month, Fadi Ghandour discussed opportunities and challenges for entrepreneurs in the Arab world, in an hour-long talk, which you can watch here.

Afterwards, we had a frank chat with him where he explained that “the knowledge economy is the future,” noting that it is important for startups in the Arab world, especially in the tech sector, to realize that copying and pasting a model may be ok, but you have to innovate to make your startup relevant to the region.

By observing trends in developed economies, Ghandour explains that we can get a sense for what will happen in the Middle East and North Africa as the ecosystem develops. “What happens there will happen here,” he says, “but with a twist.”

He also stresses the importance of local innovations; “We don’t want to be only a consumer society, because a lot of the knowledge industry needs to be generated here.”

“Entrepreneurs are the creators of future jobs, and there is a high unemployment rate among all youth in the Arab, and that’s the biggest danger for stability in the Arab world – bigger than any other danger. But we’re not doing enough about it,” he explains. It is thus incumbent upon governments to enable entrepreneurship through easier business regulations, stronger broadband infrastructure, free trade in the region, and a freer movement of peoples between countries.

Ghandour adds that governments need to foster competition instead of protectionism to release entrepreneurs to innovate and build better products and services for consumers. “Small and medium-sized enterprises need to be encouraged,” he says, “Access to capital, access to knowledge, access to networks is where the future lies.”

Video interview: Endeavor Entrepreneur Bedriye Hulya of b-fit in Turkey

Reprinted from Wamda. Original article here.

By Nina Curley

This week’s entrepreneur of the week is Bedriye Hülya, an Endeavor Turkey entrepreneur who built b-fit, a chain of gyms for women in Turkey, that are also staffed and run by women.

In a call from Istanbul to New York at the time, Hulya chats with us about staffing the gyms with all women, her challenges creating a gym franchise, scaling up in Turkey, her aspirations to enter the Arab World, and the advice that she typically gives entrepreneurs and women.

“We have to believe that we can do anything that we want to. As long as we decide that it’s our right to start businesses, I am sure every woman will be successful,” she says.

Video interview: Endeavor Entrepreneurs Hind And Nadia Wassef of Diwan Bookstore

Reprinted from Wamda. Original article here.

By Maya Rahal

The Entrepreneurs of the Week today are Nadia and Hind Wassef, co-founders of Diwan Bookstore in Egypt, and Endeavor Egypt entrepreneurs. Launched in 2002, Diwan Bookstore aims to to encourage a culture of reading and research. Today, the company is at a crossroads says Hind Wassef- “is the future of bookstores focused on e-books?”

The two Wassef sisters managed to launch 10 branches of Diwan accross Egypt, 10 years after the first one. The main reason behind Diwan’s success is its consumer-driven approach, says Nadia Wassef. “We listen to our customers and provide them with the services they really need, whether it is in the kind of books or music.”

“Hardwork and innovation are key elements today’s entrepreneurs must not ignore at all. We do not need more imitation on the market, but new and unique products,” Hind advices young Egyptian entrepreneurs.

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