My original questions in 2004 – Is rural Kentucky entrepreneurial-friendly? Is there a culture that values and helps entrepreneurs emerge and prosper? What I Learned from My Research? Lack of community support for “new ideas” or entrepreneurship; Lack of regional identity; focus on local counties; Lack of grass-roots entrepreneurial leaders and coaches; Limited understanding of resources for entrepreneurs; Limited networking among natural coaches; Lack of training for local leaders to become advocates and coaches; Limited understanding of entrepreneurial culture ; Hidden entrepreneurial culture exists. People care about their community People want to learn more about entrepreneurship What can we do to strengthen the foundation for an entrepreneurial culture in rural Kentucky? Response: Start with the local leaders (bankers, barbers, bartenders . . . elected leaders, entrepreneurs, farmers, homemakers, retailers, retired people). Build a Leadership Program Recruitment: grass roots leaders in region. Competitive process. Benefits: All expenses paid. Stature and skills, knowledge and network enhanced. Travel and growth. Set high expectations: Must want to improve community and build entrepreneurial culture WITH others. Must attend all seminars and travel experiences – 22 days over a 16 month period. Must do homework between sessions – interviews, regional projects Must donate hours back to region after graduation. Next Step: What are the skills, knowledge, and attitudes we want to nurture among grass-roots leaders in the region to strengthen the entrepreneurial culture? Responses came from rural entrepreneurship experts and from almost 200 people in the region. Overall goals: Stimulate the imagination of local leaders and give them tools to lay the foundation for an entrepreneurial culture. Give them the venue to create a regional identity, build a strong support network and insist that they make change. Make rural Kentucky the most entrepreneurial-friendly culture in rural America What do we want to nurture in entrepreneurial leaders? What should they learn? Stimulate imagination—see and meet entrepreneurs from a variety of perspectives. Creativity – Create in groups. Learn about appreciative inquiry and how to apply it. The question: What’s working well? Why? Gratitude committee. What the Economic Development consultant saw were problems: “Windy roads” “Rolling terrain” “Sparse population” Elliott County, KY “Only strategy: Connect to other places” Another View “Windy roads are scenic” “Rolling terrain is interesting” “We have dramatic gorges, clear trout streams and nationally-known folk artists, e.g., Minnie Adkins” “Located near Natural Bridge State Park which receives 1 million visitors a year!” Local Leaders, Elliott County Scenic Roadways Folk Art, Barn Mural Natural Beauty, Trout Streams Know thyself and others in the team: Natural leadership styles: (Gallup) strengths, limitations, team gaps Natural Listening Styles Asking probing questions The Importance of Emotions For Learning “You change people by delight. You change people by pleasure” - St. Thomas Aquinas, 13th Century Mystic and Philosopher Create sense of belonging and connection; Share rooms, meals, rides. Small groups Hospitality Problem-solving Developing shared visions Appreciation of local culture – artistic interludes – poetry, music, dance, farm to table meals. Entrepreneurial coaching “across the kitchen table” building a relationship with an entrepreneur by asking questions over 5-7 sessions to create a business plan involving competitive advantage, marketing research and sales projections, finances, management team needs, partnerships and other issues. no advice or judgment. Making it visceral: Every participant must coach an entrepreneur Mini- grants for practical experiences. Regional teams form to stimulate entrepreneurship during 6 month period youth entrepreneurship, entrepreneurial contests about waste products, entrepreneurship centers in local libraries, policy work with government leaders Expand awareness of entrepreneurial support network in region and nation – conversations with key providers. Business Civic life Government What local, state and national policies limit and encourage an entrepreneurial culture or mind-set? National or international rural entrepreneurship mobile tour: We’re not alone. How other rural area compete and nurture entrepreneurship Importance of global markets So what? Individual and group reflections – especially, about minigrant teams and lessons learned from the experience. Donated over 9,000 hours to the community and region; Made 758 presentations to groups and organizations; Launched 68 entrepreneurial-friendly community initiatives; Coached 486 individuals or teams; Created 224 new jobs as part of coaching efforts (valued at approximately, $8,151,360 for a one year period ) Saved 42 jobs as part of coaching efforts (valued at approximately, $1,528,380 for a one year period) Over 68 entrepreneurial-friendly community initiatives have been launched including youth entrepreneurship in schools, entrepreneurial contests, new networks, incubators in rural areas, entrepreneurial help centers in rural libraries. . . . and a tight network of 115 volunteer grassroots leaders who are committed to strengthening entrepreneurship in the region. Ongoing commitment: Alumni seminars every six months Volunteer commitment for 2 year minimum