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Dave Shideler, Ph.D., Community Development Specialist Oklahoma State University/Oklahoma Cooperative Extension Service April 11, 2013
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Recognize the value of home-based and/or micro businesses to small communities Describe what makes a community entrepreneur-friendly
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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.)
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Entrepreneur is: “One who undertakes or manages” (Online Etymology Dictionary; http://www.etymonline.com/index.php?term=entrepreneur)http://www.etymonline.com/index.php?term=entrepreneur Contemporary use often associates the following: Risk, Growth, Technology
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Economic impact of locally-owned businesses Commitment to place Decentralized procurement – means more money circulating in the local economy
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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?
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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.)
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Estab 2007 Estab 2010 Estab % Change Jobs 2007 Jobs 2010 Jobs % Change Total258,149320,70624.2% 1,915,7731,943,510 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.orgwww.youreconomy.org; accessed 4/2/13 at 1:11 pm
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Sales 2007 Sales 2010 Sales% Change Total$211.7 bil$206 bil -2.70% Noncommercial 1.83% 1.95% 3.70% Nonresident 25.72% 23.76% -10.10% Resident 72.46% 74.30% -0.20% Self employed (1) 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% Stage 4 (500+) 3.27% 4.06% 21.00% www.youreconomy.orgwww.youreconomy.org; accessed 4/2/13 at 1:11 pm
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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-an- entrepreneurial-economy-a-guide-for-county-leaders
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Awareness Recognition Culture Anonymity Quality of Life
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How do your communities currently do any of the just mentioned activities? (Use your chat box to share examples of climate-building activities.)
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Real Estate Utilities Services Taxes and regulations Networking
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In what ways have your communities sought to address issues of infrastructure for entrepreneurs? (Use your chat box to share examples.)
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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
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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
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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
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How ready is your community to be entrepreneurial? Complete this worksheet:
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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? dave.shideler@okstate.edu 405-744-6170 http://rd.okstate.edu
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