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