GES2016 (Global Entrepreneurship Summit 2016-1)–Glocal Economy

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                                                                                                                                            Google’s CEO Sundar Pichai at GES2016

 

(Please click on red links & note magenta)

It was both an honor and a privileged opportunity for me to take part/observe in the GES (Global Entrepreneurship Summit) 2016 (the 7th annual GES) at Stanford University in San Francisco this past week, June 22-24, 2016. It was the first time for me to observe, first-hand, at how global networks between entrepreneurs and investors interconnect on a global scale. There were speakers (e.g. founders/co-founders of AOL ,Steve Case;Google, Sundar Pichai;Facebook, Mark Zuckerberg; Uber, Travis Kalanick; LinkedIn,Reid Hoffman; Airbnb, Brian Chesky;etc.) sharing their valuable experiences, various workshops, training sessions, etc., pertaining to entrepreneurship in the 21st century. As the group of protagonists from the HBO series Silicon Valley pointed out, we are living in a Glocal economy now. As entrepreneurs establish themselves in the 21st century, many of them will need to be acting locally but thinking and planning globally, henceforth, Glocal Economy.

The most important take-away that I’ve learned from this gathering is the fearlessness of the belief in the art of the possible, the realization that Silicon Valley is not just a place, but an idea as well as a network and a way of thinking. I would like to bring back and share some of the lessons learned from Silicon Valley in this week’s series at Windermere Sun, to help entrepreneurs of Central Florida and elsewhere to be better prepared for future opportunities. Lastly, as the founder of AOL Steve Case commented, on the importance of 5 P’s for 21st century entrepreneurs to succeed:

1. Place: as businesses grow across USA and the world, the belief in the art of the possible will also expand.
2. Purpose: there will be more and more businesses that are purpose-drive or impact-driven rather than purely profit-driven.
3. Partnership: using an African proverb: if you want to go quickly, you can go alone, if you want to go far, you need to go together.
4. Policy: correct policies need to be set and constructive engagements need to be encouraged in order to foster positive environment between government and entrepreneurs.
5. Perseverance: entrepreneurs need to continue the journey of learning, gathering, filtering, collaborating, creating, and not giving up too soon.

~Let’s Help One Another~

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Photographed, written, and posted by Windermere Sun-Susan Sun Nunamaker
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