Think Entrepreneurs … For the Unemployed
Winning Workforce Training and
Development Tools
Entrepreneurship Education
FORUM 2010
November 14, 2010
Columbus, Ohio
The Changing State
of the Economy
• A major study conducted by the Kauffman
Foundation of the relationship between
economic growth and entrepreneurship
found that all nations with higher levels of
entrepreneurial activity had above-average
rates of economic growth.
The Changing State
of the U. S. Economy
• Unemployment in the United States is at a 26year high (9.6 % in October 2010), as
businesses seek to survive by cutting jobs
• The majority of job losses have occurred in
large companies, with the highest share
among firms with 1000 or more employees
• Individual entrepreneurs have been the
fastest growing segment during the current
recession
The Changing State
of the Economy
• Small businesses are the foundation of the
American economy. The Small Business
Administration (SBA) currently reports that of
the 27 million businesses in America,
• 20 million have no employees, and
• another 4 million have 5 employees or fewer.
• 75% no employees - 89% 5 or fewer
employees
Revealing Statistics
• Fewer than 40 percent of the nation’s largest and
fastest‐growing job classifications require four‐year
college degrees
• Fewer than 30 percent of all jobs demand college
degrees —a figure that has barely budged in the last two
decades
.
Less than 20% of Baccalaureate Graduates in Spring
2010 found employment in the area for which they were
preparing/majoring
Mark Elgart, President and CEO AdvanceED, SACS/CASI
More trend data…
• Nearly 40% of today's postsecondary students are self
supporting adults age 24 and up, almost half attend part-time,
more than 1/3 work full‐time, 27% have children
• 44% of Americans don’t believe they have the education they
need for the jobs they want
• 32 states do not have enough young adults in the pipeline to
replace college‐educated, retiring Baby Boomers
• There are 32 million adults who started, but did not complete, a
college education
• Every 23 seconds a student drops out of school in the US.
David Pearce Snyder,
Futurist states
• “Training and education have always been
preparation for the future …but, what will
the future be like?”
• He describes the future as a moving target
- a work in progress that is widely expected
to lead us through decades of on-going
innovation and adaptation.
• Graduates will need mastery of higherorder analytical, problem solving, and workreadiness competencies.
Jim Clifton,
CEO of Gallup stated in 2009
• “What the whole world now wants is a good job”
• Earlier they reported they desired love, money
food, shelter, safety, and/or peace as paramount
• “Good Job” is evolving also because social
contract between big companies and employees
has changed - Sacrificing old certainties for new
risks and opportunities in their own hands
Consortium for
Entrepreneurship Education
www.entre-ed.org
National Organization bringing Educational
Agencies and Leaders Together To Build the
Field of Entrepreneurship Education
The Consortium for
Entrepreneurship Education
Mission: Accelerating Entrepreneurship Everywhere!
• Website to provide resources for teachers www.entre-ed.org
• Newsletter and e-Magazine – Future CEO Stars featuring benefits
of programs offered by members www.fcsmag.com
• National FORUM/Conference to provide professional development
for teachers/program designers – November 12-15 in Columbus, Ohio
• National Content Standards released June 2004
• National Standards of Practice released in June 2006
• Leading education partner of annual National Entrepreneurship
Week February 19 – February 26, 2011 www.nationalEweek.com
• Entrepreneurship Ambassador E-Group that encourages
information sharing through educator networks
National Content Standards
• Entrepreneurial
Process &
Characteristics
• Ready Skills
• Foundation Skills
• Communication Skills
• Business Functions
• Economics
Standards consist of ….
• 6 Categories of Content defined
• 15 Standards established
– To guide content development
– To ensure comprehensive coverage
– To provide what Entrepreneurs said was essential “to
know and be able to do” in order to succeed as
entrepreneurs
• 403 Performance Indicators
– To guide curriculum development
– To guide knowledge and skills assessments
Strengthen Program
•
•
•
•
•
•
•
•
Plan your curriculum
Validate your curriculum
Increase credibility in community
Ensure students are prepared for future
Link with needs of economy
Use high interest context
Create problem-based learning activities
Link with core academic teachers
NEW from the
Consortium
Members …
• A definition
• Outcomes
• Concepts
• Methods
• Accountability
• Resources
Standards Of Practice
consist of ….
• A consistent definition
– To guide all program providers
– To ensure consistent communication regarding program
for entrepreneurial skills development
• 5 areas of practice to be examined
– To ensure comprehensive programming
– To guide program development and delivery
• An Assessment Instrument
– To allow community review
– To allow identification of areas of excellence and areas
to focus improvement strategies
Strengthen Program
•
•
•
•
•
•
Plan your program activities
Validate your curriculum
Increase credibility in community
Ensure students are prepared for future
Link with needs of economy
Use a variety of methods & high interest
context
• Create industry validated program
components
• Link with critical community partners
www.nationalEweek.com
February 19-26, 2011
Always celebrated the last week of
National CTE Month
Seeking Entrepreneurial
Geniuses
• 2010 National Entrepreneurship Week had a focus
on Entrepreneurship Literacy
"ENTREPRENEURIAL LITERACY EMPOWERS EVERYONE"!
• Check the Website for details
http://www.nationalEweek.org
• Earn a "GENIUS" Certificate by responding to "20
Questions for All Americans"
• Create activities using the "20 Questions for All
Americans" at all levels of education. For Teachers Students - Parents - Entrepreneurs - Officials
Creating Entrepreneurship
Hall of Fame
• Entrepreneurs contribute to our National economy
and to the local communities in which they operate
• 2011 National Entrepreneurship Week has a focus
on honoring leading Entrepreneurs in local
communities
• See the website http://www.entre-week.org for
details of how to enter a business person into the
National Entrepreneurship Hall of Fame 2011
• Put your business leaders on the national map and
establish your community as a place preparing
entrepreneurs for advancing the economy and
meeting community needs
Lifelong
Learning
Model
Helping Create a Pipeline
of
Entrepreneurs Everywhere
The Future Entrepreneurs are in our Schools today
The Aspiring Entrepreneurs are everywhere in our education
system and in our workplaces
The Start-up Entrepreneur needs specific skills, training,
mentoring and guidance toward successful practices
All Entrepreneurs need the opportunity to problem solve with
other entrepreneurial minded business persons
A successful USA Entrepreneurial Pipeline requires a LifeLong Entrepreneurial Learning Approach!
Consortium for
Entrepreneurship Education
• CEE received a grant in 2008 to look at the
Public Workforce System and determine
how self-employment and entrepreneurship
options could be enhanced as services to
the unemployed
• Focus on helping One-Stop Center staff see
person’s “dreams rather than just a job!”
Help develop the economy instead of just
being a job matching service
• CEE helped develop the Entrepreneurship
Framework for High Growth segments of the
economy – Now on the Internet
Major Barriers to Creating
Entrepreneurs Through WIA
• Entrepreneurship is not well established in
Federal and statewide policy and execution
strategies
• Staff lacks information and training about
self-employment as a career option
• Entrepreneurship does not fit into current
WIA methods for measuring performance
As you Review these Recommendations
Remember ….
• A job is work that needs to be done...that someone
will pay you to do. For the self-employed, their
employer may be the customer!
• The authors believe that these recommendations,
implemented with an entrepreneurial mindset, will
lead to vigorous growth for individual entrepreneurs,
enterprising communities, and the U.S. economy as
a whole.
As you Review these Recommendations
Remember ….
• This Call to Action seeks to merge successful
economic development, education, and
workforce development strategies, as we
advance entrepreneurship as an essential
answer to our current employment crisis.
As you Review these Recommendations
Remember ….
• Maintaining the status quo is dangerous. As
a nation, we must challenge ourselves
through Congressional action so that our
funding streams and community services for
the unemployed can better address the needs
of the future and not just those of the past
DOL Entrepreneurship
Competency Model
http://www.careeronestop.org/CompetencyModel/pyramid.aspx?ENTRE=Y
Consortium for
Entrepreneurship Education
• Framework Guide explanation document was
developed to help people understand how the
competencies can be used in education and training
http://www.careeronestop.org/CompetencyModel/Info_Docu
ments/CEEcomp-model.pdf
• CEE developed listing of entrepreneurial careers in
each career cluster to help educate about where
entrepreneurs flourish in our economy
http://www.entre-ed.org/_teach/clusters.pdf
• Assisted with developing a Policymaker’s Action
Guide titled Youth Entrepreneurship in America
http://www.nationaleweek.org/eweek_files/YouthEntrepreneu
rshipinAmericaYESG_report%5b4%5d.pdf
Entrepreneurship Process
Readiness Checklist
Determine where prospective entrepreneurs are in the process:
• Discovery – stage in which the entrepreneur generates ideas,
recognizes opportunities, and determines the feasibility of ideas, markets,
ventures, etc.
• Concept Development – stage in which the entrepreneur plans the
venture, identifies needed resources using a business plan, identifies
strategies to protect intellectual property, etc.
• Resourcing – stage in which the entrepreneur identifies and acquires
the financial, human, and capital resources needed for the venture
startup, etc.
• Actualization – stage in which the entrepreneur operates the venture
and utilizes resources to achieve its goals/objectives
• Harvesting – stage in which the entrepreneur decides on the venture’s
future (growth, development, demise)
Entrepreneurship Process
Readiness Checklist
Competency Area and Performance Statements
Know How or Can Do
Need Help With
Explain tools used by entrepreneurs for venture planning
Assess start-up requirements
Assess risks associated with venture
Describe external resources useful to entrepreneurs during concept development
Assess the need to use external resources for concept development
Describe strategies to protect intellectual property
Use components of a business plan to define venture idea
Comments/Thoughts/Needs
Entrepreneurship Technical
Competency Checklist
Competency Area and Competency Statements Have Need Comments
Advocacy is Enhanced by
Partnerships
Youth Entrepreneurship Alliance
YEA
• YESG started with the Aspen Institute and
NFTE leadership and worked for three years
• Published a entrepreneurship policy guide for
federal, state and local level policy makers
• Members of the group wanted to broaden the
scope of the advocacy
• Now member groups organizing to advocate
for Entrepreneurial Policies. (Many are
members of the CEE. Focus of this work is
policy advocacy and seeking champions)
• Already encouraging STEM to become STEEM
• See http://www.yealeaders.org for members
and current efforts
They do learn what we teach – Don’t They ?
ENTREPRENEURSHIP
EMPOWERS EVERYONE
A Proposal for Entrepreneurial Skills Building
by
The Consortium for Entrepreneurship Education
Columbus, OH
Jobs, jobs, jobs! Just what is a job?
"A JOB IS WORK THAT NEEDS TO BE DONE...that someone will pay
you to do!“
More than 20 million Americans know that owning their own business
does not mean that they are the "BOSS." In fact, the CUSTOMER is
the boss because when the customers’ wants or needs aren’t satisfied
a business will generally "fail". Just ask the manufacturers of buggy
whips!
Paper Released during National Entrepreneurship Week in February 2009
ENTREPRENEURSHIP
EMPOWERS EVERYONE
A Proposal for Entrepreneurial Skills Building for:
Elementary Students
Middle School Students
High School Students
College Students (2 year and 4 year)
Adult Students
Examples of effective programs at all levels
"The entrepreneurs of tomorrow
are in our schools today”!
• We asked that each reader stand up for
the freedoms provided in this nation
that enable every citizen in the United
States to use entrepreneurial skills in
their everyday lives including, if they
choose, starting their own businesses;
to succeed or fail based on the
decisions they make; and if they fail, to
be able to try again as many times as it
takes to succeed.
Education needs to focus
on Entrepreneurship
• Because….
• The economy has changed drastically … Therefore what
and how we teach must change
• Problem-based Learning is critical to student development
• A job is work that needs to be done...that someone will pay
you to do.
• For the self-employed, their employers will be the customers
they find for themselves
• Possessing the Entrepreneurial mindset and skills will allow
for success in the future economy and workplaces
?????????
Are there things about which we have talked
that need clarification?
What questions may I respond to ?
What are your inputs/comments?
Glad to serve as a resource
for you!
Horace.robertson@mindspring.com
Horace C. Robertson
1120 Balmoral Drive
Cary, NC 27511
919 – 467 - 9933
Secretary-Treasurer for The Consortium For
Entrepreneurship Education
www.entre-ed.org