High-Impact Entrepreneurship

Marcos Galperin and Reid Hoffman speak on CNBC about entrepreneurship, Endeavor

Earlier this year, Endeavor Entrepreneur Marcos Galperin was named the 2012 Ernst & Young Entrepreneur of the Year from Argentina, while Endeavor board member Reid Hoffman was the winner from the United States. The following are excerpts from their interviews on CBNC at the Ernst & Young Entrepreneur of the Year Monaco Forum.

Interviewer: How are you helping to make an entrepreneurial spirit in your community?

Marcos Galperin: I’m helping create and foster an entrepreneurial spirit in Latin America by participating in all sorts of activities where we foster entrepreneurship. I’m a board member of Endeavor in Argentina, I’m a big donor of Endeavor, and we support and help high impact entrepreneurs in Argentina and in the region. I’m constantly mentoring and helping entrepreneurs access investors in Latin America and in the United States, and I’m very active in this area.

Reid Hoffman: There have been two themes to how I choose non-profit organizations. One is entrepreneurship, which is entrepreneurship in terms of how do we change societies—this is Endeavor and Kiva and Startup America—and the other one is the use of the consumer internet. So, for example, DoSomething, which enables every teen to be a philanthropic agent. And both of these get to confounding scale and have the same impact on the world, that what I do as an entrepreneur, with LinkedIn, has. The U.S. has a great history of entrepreneurship, but now in kind of the modern, kind of globalized times, it’s more important than ever. So, with the combination of Startup America, which helps entrepreneurs in each of the fifty states; Kiva, which helps micro-entrepreneurs; and Endeavor, which helps high-impact entrepreneurs around the world; each of these organizations helps grow and foster both entrepreneurial culture and the network of essential people that make entrepreneurial companies go. Customers, advisors, investors; all these sorts of things all come down to networks, and so you grow the network.

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