Cultural creativity & entrepreneurship: The emergence of new Social Venture

Ludovic BODIN | Kalibrio | Social Venture Forum

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About me

• Ludovic Bodin ( 邓德伟 )– First venture: 20 y.o.

• 4 years in North & Latin America– Modernization of operators– UN Telecom projects

• 4 years in China / Asia– Starting Internet startups– Beijing, Macau, Seoul– www.kalibrio.com

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Founder of the Social Venture Forum

Seed Social Ventures in China

www.socialventureforum.com

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Cultural Creative & Entrepeneurship

Today is not to

Raise fundsExplain what is creativity

Sell anything

But share an idea:

The merge of Cultural CreativeThe merge of Cultural Creative&

EntrepreneurshipEntrepreneurship

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Cultural Creativity ?

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Cultural Creativity

“group of peopledisenchanted

with materialismand hedonism”

Source: http://en.wikipedia.org/wiki/Cultural_CreativesPaul H. Ray & Sherry Ruth Anderson: “The Cultural Creatives

: How 50 Million People are Changing the World”

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Entrepreneur

"an entrepreneur sees an opportunity, puts together a team, builds a business that profits from the opportunity "  .

Source: Robert Kiyosaki – “Retire young, retire rich”

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What happen when “Cultural Creativity” meet “Entrepreneur”?

Cultural

CreativityEntrepreneur

Entrepreneur Disenchanted with Materialism & Hedonism

who Build a Business driven both Financially and Socially

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Social Venture

Cultural

CreativityEntrepreneur

Social Venture

= Business driven by bothprofit and social good

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Give a man a fish and you will feed him for a day. Teach him how to fish and you will feed him for a lifetime.

Give a man a fish and you will feed him for a day. Teach him how to fish and you will feed him for a lifetime.

Social entrepreneurs are not content just to give a fish or teach how to fish.

They will not rest until they have revolutionized the fishing industry.

Social entrepreneurs are not content just to give a fish or teach how to fish.

They will not rest until they have revolutionized the fishing industry. Bill Drayton

Ashoka founder

Some words of wisdom

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What is a Social Venture?

Business

SocialGood

NGO

CSR

‘Old’ CapitalistBusiness

VenturePhilanthropy

SocialVenture

Source: SocialVentureForum.com

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Example of Entrepreneur disenchanted with …, let s meet Jeff

built , got $$$

built , built

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Have you seen these movies?

Anything in common?

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Pro-social media company: Create and inspire

social change

Participant Media

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Anybody has heard about Jeff?

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Let s get to know …

Launch the video: www.ted.com/talks/view/id/170

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Jeff

Got a few billions from Ebay,

Disenchanted with Materialism and Hedonism, Build his own foundation.

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Jeff

Invest in Films that Profit can be measured both

Financially (30 movies including 5 blockbusters) and

Socially(oil, climate change, tobacco, etc)

Source: http://www.slideshare.net/kalibrio/film-social-ventures-kalibrio

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Example of Entrepreneur disenchanted with …, let s meet Jeff friend, Pierre

built , got $$$

built , built

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Jeff friends, Pierre

Got a few billions from Ebay,

Disenchanted with Materialism and Hedonism, Build his own foundation.

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Invest in Ventures that Profit can be measured both

Financially (70 ventures including 10 leading in their fields)

and Socially(micro-finance, health, education, participatory

media, etc)

Jeff friends, Pierre

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Let s meet Muhamad

Was teaching

in

John Maynard Keynes

Adam Smith

David Ricardo

New York Stock Market London Stock Market

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Muhamad

Got disenchanted with Materialism and Hedonism,

Build his own company.

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Muhamad

Teaching => Entrepreneurship

Investment both driven by financial profit and Social Good

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Muhamad

Fastest growth in telco company in Asia

New start up brining energy to rural areas

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Muhamad

Start up Business that Profit can be measured both Financially (5 ventures including 3 leading in their fields)

and Socially(micro-finance, telecom, solar energy, health, etc)

And got the

Peace Nobel Prize in 2006

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Me: Make

business Latin

America

Make business in Macau

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Will get a few (…)lions from (TBD),

Already disenchanted with Materialism and Hedonism,

Build the Social Venture Forum.

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Seed ventures both driven by financial profit and Social Good

And

Seed Social Ventures in China

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Poverty Reduction

HealthEnvironment

CulturalDiversity

Education

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Question

How long before, people in China,

esp. ( entrepreneur )get disenchanted with venture simply driven by financially profit

?

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Question

Next Jeff Skoll in ChinaNext Participant Media in China

Next Omydiar Network in ChinaNext Muhamad Yunus

in China

?

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Question

Do you have to wait to be (ultra) rich to be social ?

Source: Antoine Bureau, Health & Comitee based development

UNDP - Mozambique, AfricaCo-Founder Social Venture Forum

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Next : what are you waiting for?

Contact us: ludovic [at] kalibrio.com

“Interested by starting up

a new Social Venture? A new idea to develop in China?”

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Wish list for 2008:

- Pro-social media company (film + web) - Participatory platform- Collective intelligence- Re-engineering of games technology for social applications- Poverty reduction platform- Participatory community of informed buyers- Participatory community of doctors- Participatory community of real estate agents

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Thank you!

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Next: Green

Social Venture