SECOND CHANCE ENTREPRENEURS ALLIANCE City, date. I consider our cola venture to be one of the biggest mistakes we ever made – but I still wouldn't change.

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Presentation transcript:

SECOND CHANCE ENTREPRENEURS ALLIANCE City, date

I consider our cola venture to be one of the biggest mistakes we ever made – but I still wouldn't change a thing. Mistakes give you the chance to bounce back and make smarter choices the next time around. Richard Branson, Gulf News, Oct. 19, 2014 Do entrepreneurs so eagerly start their businesses again after failures?

Success does not consist in never making mistakes, but in never making them a second time. George Bernard Shaw Success is not final, failure is not fatal: it is the courage to continue that counts. Winston Chruchill Is the average attitude to failure positive?

A study on the performance of Europe's fastest-growing companies shows that companies founded by re-starters have higher turnover and employment growth than companies run by entrepreneurs who have never failed Source: Setting the Phoenix Free. Boston Consulting Group, 2002 Some statistics and findings of research?

Every year, some corporate insolvencies wipe out around 1.5 million jobs. Source: Insolvencies in Europe 2006/07 Some statistics and findings of research?

48% of Europeans agree with the statement "You should not start a business if it might fail", compared with just 19% in the United States. Flash Eurobarometer "Entrepreneurship" No 192, European Commission, 2007 EU versus US

Value of Failure is a European Union funded initiative to support a better framework for second chance entrepreneurs. The project aims to build regional stakeholder alliances across Europe. Why Value of Failure project?

Get in contact with people who failed Identify main barriers to restart their business. Engage stakeholders like business advisors, policy makers, business associations, financial institutions etc Arrange meetings with different stakeholders in order to reduce the barriers Main steps to be followed

Provide you with the document how to build 2nd chance entrepreneurs regional alliances (Toolkit) Share with you the experience of real alliances and meetings (action plans, letters of intent) Welcome you to use a free on-line course dedicated to second chance entrepreneurs We can support you

Website addresswww.valueoffailure.com Facebook, Twitter… Contact to the project leader More information