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Entrepreneur
        Rhymes
      with Manure
                                        Mark Shafer



National Economic Gardening Gathering
          Steamboat Springs, Colorado
                June 13, 2008

              Burt Chojnowski
                                         © BrainBelt 2008




                                                            1
EG 10.0 - Creating the
        Entrepreneurial Culture
•   EG 1.0 - Local Living Economy

•   EG 2.0 - Entrepreneurial Innovation Network

•   EG 3.0 - Competitive and Market Intelligence

•   EG 4.0 - Moving 2nd Stages Companies from “Good to Great”

•   EG 5.0 - Creating a Stronger Entrepreneurial Ecosystem and Access to
    Financing

•   EG 6.0 - Use of Technology ad Technology Transfer

•   EG 7.0 - Improving Talent and Leadership Networks

•   EG 8.0 - Establishing Your Community’s Brand

•   EG 9.0 - Connecting Philanthropy and Entrepreneurship

•   EG 10.0 - Creating the Entrepreneurial Culture

                                                                           2
Chicken Soup
for the Small Town Soul




                          3
EG 10.0
• Celebrate success
• Historic roots
• Attitudes and conversation about start-ups
• Community Self Esteem and Branding


                                               4
The Culture of Entrepreneurship

Attitudes about Risk-Taking   Entrepreneur of the Hall of Fame

Attitudes about Failure       Compost and Innovation

Attitudes about Success       Breed More Entrepreneurs


   Fairfield Entrepreneur
        Hall of Fame                  Fairfield First! Award



                                                                 5
Monorail

•   Litter Carrier & Manure Spreader
                                            William Louden
•   Single Track Pulley System
                                  2003 Fairfield Entrepreneur Hall
                                          of Fame Award

•   Single-track Monorail

•   Nearly every factory in the World Uses One




                                                                     6
Legacy

• Introduced Technology to Agriculture
• Transition to Manufacturing
• Louden Machinery Works became the
  organic incubator for a new generation of
  Entrepreneurs in 1980-2008




                                              7
8
Best Thing Since Sliced
         Bread
•   Bread Slicer invented by Otto Frederick Rohwedder

•   In 1912, Rohwedder came up with the idea of a device that
    held the slices together with hat pins (not a success).

•   In 1928, he designed a machine that sliced and wrapped the
    bread to prevent the sliced bread from going stale.

•   Pre-sliced bread was popularized by Wonder Bread in
    1930, helping to spread the toaster's popularity further.


Predated - Popup Toaster in 1925, Cellophane in U.S. in 1924

                                                                 9
Breadtopia.com
• Online community for bread bakers, recipes
  and equipment

• Home-made, no knead, unsliced bread




                                               10
Carnegie Library

                                             Andrew Carnegie
• Prototype for community library built in
  1892

• Replicated in 2600 locations around the
  World

• Now an economic gardening “hot spot”

                                                           11
Innovations That Rocked
       the World




           Fairfield, Iowa


                            12
De-regulation of Global
CoolCall.com Telecom
  • Almost all telecommunication companies
    outside of the U.S. were government-
    controlled monopolies

  • Rates were arbitrarily set to maximize
    profitability

  • Call-back and Voice-over-the Net introduced
    competition where none existed previously


                                                  13
Chicken Soup for
            Fairfield’s Soul
•   Marci Shimoff - Co-Authors Woman’s and Mother’s Soul
    with Jack Canfield and and Mark Victor Hansen

•   Franchise Starts and approximately 13 of co-Authors live in
    Fairfield. 20% of Chicken Soup sales attributed to Fairfield-
    based authors

•   Earl Kaplan and Books Are Fun Buy it by the Truckload and
    it goes to the Top of the Best Seller List

•   Books Are Fun Grows to $400 million in Revenue and is
    Acquired by Readers Digest



                                                                  14
More Innovations

• Digital Photograpy
• e-Commerce
• Trusted Advisor Financial Services
• Direct Response Marketing

                                       15
Fairfield Entrepreneurs
•   Walter Day -Twin Galaxies

•   Geoff Boothby and Cullen Thomas -Wormtooth Nation

•   Diana Makeig and Nancy Green - Pet Botanica

•   Bill Witherspoon - The Sky Factory

•   Ron Bovard - Bovard Studio



                                                  hawthorne
                                                    direct

                                                              16
Innovations in Education
•   Parsons College in 1960’s

•   Open Enrollment

•   Tutoring for everyone

•   Maharishi University of Management

    •   Distance Learning

    •   Consciousness-based Education

    •   1st - Sustainable Living Program


                                           17
Future for Fairfield?

• Green Collar Jobs
• Digital Media
• Silicorn Valley     Follywood

• Artisan Foods


                                  18
Entrepreneurial
    Innovation Centers
• Digital Media
• Artisan Food
• Clean Technologies
  Capitalize on Brain-Belt - Web 3.0 Companies



                                                 19
Successful Open-Source
  Entrepreneurial Development
   San Diego - Connect - $550 million in 200 Companies

Fairfield, Iowa - $260 million in 60 Companies - 4,000 new jobs


 What Did San Diego Have That Fairfield Didn’t Have?

 • 138x Population

 • Largest Concentration of R&D Spending in the World

 • Access to Markets - Financial, Human Capital, Consumers,
 Businesses

                                                                 20
How Do Entrepreneurs Learn
      Their Craft?

      On the Job Training

   From Other Entrepreneurs




                              21
Peer Support Learning Network

Entrepreneurs Association
   • Mentoring and Networking Programs
   • Workshops and Seminars




                                         22
Peer Support Learning Network

Entrepreneurs Association
   • Mentoring and Networking Programs
   • Workshops and Seminars



                              Resources for Starting Up
                              Resources for Growing UP
                              Resources for Cashing Out



                                                          22
Types of Entrepreneurs
• Small Businesses
• Micro-enterprises
• Sole Proprietors
• Home-Based Businesses
• Art-Preneurs
• Civic and Social Entrepreneurs
• Food-Preneurs



                                   23
Idea Bounce
• Idea Bounces are held 3-4 times per year
• Involves a Fast Pitch - 5-10 minutes
• Mentoring and Networking



                                             24
2008
  BOOT CAMP
Artisan Food & Digital Media

                               Web 3.0



                                         25
Acce$$ to Capital
• $2 million Downtown Revitalization Fund
• Regional Micro-enterprise Loans
• Angel Investors Roundtable
• CDFI/CDVC
• Micro-enterprise Loans
• Training Funds and Tax Credits
                                            26
Fairfield has more restaurants than
          San Francisco
                                     27
Any Questions?




  Burt@BrainBelt.com
     641.919.2163



                       28
Named 1 of 12 Best Places
You’ve Never Heard Of
  Mother Earth News 2006




                            29
Fairfield Metrics

- Population: 9,400

- Moved from No. 50 Iowa County to No. 18 in
per capita Income

- No. 1 County in Iowa in per capita Giving

- More Restaurants, per capita, than San Francisco

- Number of HQ Companies – 60

- 32.9% College Grads - Ranked No. 3 County in
  Iowa
                                                     Suzan Bates Keesel




                                                                          30
Fairfield Metrics

•   Retail Sales up 10% in 2006 vs. 2005

•   Unemployment - 4.3%

•   2,000 Commuters to Fairfield

•   3x Per-Capita Giving of Other Counties




                                             Suzan Bates Keesel




                                                                  31
Growth of Non-Profits
• 153 Non-Profits with $263 million in Assets
• 14 Foundations




                                                32

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EG2008 Rural Innovations Chojnowski

  • 1. Entrepreneur Rhymes with Manure Mark Shafer National Economic Gardening Gathering Steamboat Springs, Colorado June 13, 2008 Burt Chojnowski © BrainBelt 2008 1
  • 2. EG 10.0 - Creating the Entrepreneurial Culture • EG 1.0 - Local Living Economy • EG 2.0 - Entrepreneurial Innovation Network • EG 3.0 - Competitive and Market Intelligence • EG 4.0 - Moving 2nd Stages Companies from “Good to Great” • EG 5.0 - Creating a Stronger Entrepreneurial Ecosystem and Access to Financing • EG 6.0 - Use of Technology ad Technology Transfer • EG 7.0 - Improving Talent and Leadership Networks • EG 8.0 - Establishing Your Community’s Brand • EG 9.0 - Connecting Philanthropy and Entrepreneurship • EG 10.0 - Creating the Entrepreneurial Culture 2
  • 3. Chicken Soup for the Small Town Soul 3
  • 4. EG 10.0 • Celebrate success • Historic roots • Attitudes and conversation about start-ups • Community Self Esteem and Branding 4
  • 5. The Culture of Entrepreneurship Attitudes about Risk-Taking Entrepreneur of the Hall of Fame Attitudes about Failure Compost and Innovation Attitudes about Success Breed More Entrepreneurs Fairfield Entrepreneur Hall of Fame Fairfield First! Award 5
  • 6. Monorail • Litter Carrier & Manure Spreader William Louden • Single Track Pulley System 2003 Fairfield Entrepreneur Hall of Fame Award • Single-track Monorail • Nearly every factory in the World Uses One 6
  • 7. Legacy • Introduced Technology to Agriculture • Transition to Manufacturing • Louden Machinery Works became the organic incubator for a new generation of Entrepreneurs in 1980-2008 7
  • 8. 8
  • 9. Best Thing Since Sliced Bread • Bread Slicer invented by Otto Frederick Rohwedder • In 1912, Rohwedder came up with the idea of a device that held the slices together with hat pins (not a success). • In 1928, he designed a machine that sliced and wrapped the bread to prevent the sliced bread from going stale. • Pre-sliced bread was popularized by Wonder Bread in 1930, helping to spread the toaster's popularity further. Predated - Popup Toaster in 1925, Cellophane in U.S. in 1924 9
  • 10. Breadtopia.com • Online community for bread bakers, recipes and equipment • Home-made, no knead, unsliced bread 10
  • 11. Carnegie Library Andrew Carnegie • Prototype for community library built in 1892 • Replicated in 2600 locations around the World • Now an economic gardening “hot spot” 11
  • 12. Innovations That Rocked the World Fairfield, Iowa 12
  • 13. De-regulation of Global CoolCall.com Telecom • Almost all telecommunication companies outside of the U.S. were government- controlled monopolies • Rates were arbitrarily set to maximize profitability • Call-back and Voice-over-the Net introduced competition where none existed previously 13
  • 14. Chicken Soup for Fairfield’s Soul • Marci Shimoff - Co-Authors Woman’s and Mother’s Soul with Jack Canfield and and Mark Victor Hansen • Franchise Starts and approximately 13 of co-Authors live in Fairfield. 20% of Chicken Soup sales attributed to Fairfield- based authors • Earl Kaplan and Books Are Fun Buy it by the Truckload and it goes to the Top of the Best Seller List • Books Are Fun Grows to $400 million in Revenue and is Acquired by Readers Digest 14
  • 15. More Innovations • Digital Photograpy • e-Commerce • Trusted Advisor Financial Services • Direct Response Marketing 15
  • 16. Fairfield Entrepreneurs • Walter Day -Twin Galaxies • Geoff Boothby and Cullen Thomas -Wormtooth Nation • Diana Makeig and Nancy Green - Pet Botanica • Bill Witherspoon - The Sky Factory • Ron Bovard - Bovard Studio hawthorne direct 16
  • 17. Innovations in Education • Parsons College in 1960’s • Open Enrollment • Tutoring for everyone • Maharishi University of Management • Distance Learning • Consciousness-based Education • 1st - Sustainable Living Program 17
  • 18. Future for Fairfield? • Green Collar Jobs • Digital Media • Silicorn Valley Follywood • Artisan Foods 18
  • 19. Entrepreneurial Innovation Centers • Digital Media • Artisan Food • Clean Technologies Capitalize on Brain-Belt - Web 3.0 Companies 19
  • 20. Successful Open-Source Entrepreneurial Development San Diego - Connect - $550 million in 200 Companies Fairfield, Iowa - $260 million in 60 Companies - 4,000 new jobs What Did San Diego Have That Fairfield Didn’t Have? • 138x Population • Largest Concentration of R&D Spending in the World • Access to Markets - Financial, Human Capital, Consumers, Businesses 20
  • 21. How Do Entrepreneurs Learn Their Craft? On the Job Training From Other Entrepreneurs 21
  • 22. Peer Support Learning Network Entrepreneurs Association • Mentoring and Networking Programs • Workshops and Seminars 22
  • 23. Peer Support Learning Network Entrepreneurs Association • Mentoring and Networking Programs • Workshops and Seminars Resources for Starting Up Resources for Growing UP Resources for Cashing Out 22
  • 24. Types of Entrepreneurs • Small Businesses • Micro-enterprises • Sole Proprietors • Home-Based Businesses • Art-Preneurs • Civic and Social Entrepreneurs • Food-Preneurs 23
  • 25. Idea Bounce • Idea Bounces are held 3-4 times per year • Involves a Fast Pitch - 5-10 minutes • Mentoring and Networking 24
  • 26. 2008 BOOT CAMP Artisan Food & Digital Media Web 3.0 25
  • 27. Acce$$ to Capital • $2 million Downtown Revitalization Fund • Regional Micro-enterprise Loans • Angel Investors Roundtable • CDFI/CDVC • Micro-enterprise Loans • Training Funds and Tax Credits 26
  • 28. Fairfield has more restaurants than San Francisco 27
  • 29. Any Questions? Burt@BrainBelt.com 641.919.2163 28
  • 30. Named 1 of 12 Best Places You’ve Never Heard Of Mother Earth News 2006 29
  • 31. Fairfield Metrics - Population: 9,400 - Moved from No. 50 Iowa County to No. 18 in per capita Income - No. 1 County in Iowa in per capita Giving - More Restaurants, per capita, than San Francisco - Number of HQ Companies – 60 - 32.9% College Grads - Ranked No. 3 County in Iowa Suzan Bates Keesel 30
  • 32. Fairfield Metrics • Retail Sales up 10% in 2006 vs. 2005 • Unemployment - 4.3% • 2,000 Commuters to Fairfield • 3x Per-Capita Giving of Other Counties Suzan Bates Keesel 31
  • 33. Growth of Non-Profits • 153 Non-Profits with $263 million in Assets • 14 Foundations 32