During a recent trip to Turkey, Endeavor Co-Founder and CEO Linda Rottenberg participated in a video interview for Bloomberg Turkey, and was interviewed by Hurriyet, a top Turkish newspaper. Below is a translated summary of Linda’s remarks:
“You have entrepreneurship in your DNA.”
Linda Rottenberg says that Endeavor is a community where innovative, creative people gather together — where entrepreneurs who think big can get the help and support they need to reach their goals.
According to Rottenberg there is a fast growing entrepreneurship ecosystem in Turkey. “When I was studying at Harvard during the 80’s many of my friends were looking for jobs in big firms, but my Turkish friends were more into creating ideas and starting their own companies. During the financial crisis in the United States everyone is talking about what should be done but nothing is actually being done. They’ve lost the spark. However in emerging markets like Turkey people are talking less and actually going after their visions and dreams. I think that’s the biggest difference. The global crisis also created many opportunities for small to medium enterprises in emerging markets in terms of both human resources and the opportunity to buy or merge with bigger brands.”
Rottenberg says that investors have taken more interest in Turkey than China or India recently and Turkish entrepreneurs are taking this opportunity and using it to their advantage. She is soon expecting “garage companies” like Google and Apple to come out from Turkey. “There are already some Turkish technology companies that are known very well worldwide in their sector but not known widely because their models are business to business, not of business to customer.” “The new trend is emerging to emerging (E2E) where emerging markets are taking an interest in one another. It is not just developed countries like the U.S.A taking an interest in Turkey but China, India and others are too!”
The article also mentions Investor Trek, where many members of Endeavor’s Investor Network will be gathering in Turkey in December 2011 to meet with Turkish Endeavor Entrepreneurs.