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The US568,000,000.00 Story

Sept 20, '06 Dubai, UAE. HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko. 2. Evan Chrapko CA, JD. Turnarounds, M

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The US568,000,000.00 Story

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    1. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 1 The US$568,000,000.00 Story

    2. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 2 Evan Chrapko CA, JD Turnarounds, M&A, IPO…now unemployed Searching for a company in UAE that needs a President/CEO! Raised on a farm in Canada Poor…Driven Ethical YPO, MENSA, CIAR, Aspen Institute, Leafie, story is in Cdn best-seller Innovation Nation*

    3. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 3 Take-home value = 1 point You—each and every single one of you—can do the same things I’ve done. Starting right now. Bonus: No matter what your results, the simple act of trying will transform lives & benefit society *

    4. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 4 Wisdom of the Elders You contribute to your Nation and to each other by building a business. Leadership is a potent & valuable force in many ways. True entrepreneurs, like leaders everywhere, don’t rely on luck & money. You DO need Perseverance, Faith and SACRIFICE. (Return to step 1, Repeat) ? Start now *

    5. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 5 (…show of hands) -- Want to be President/CEO, too? Why not—It’s hard to attain unplanned outcomes! -- Already founder of a company? Note to self: Start now! -- Student of HCT? -- Venture Capitalist? *

    6. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 6 DocSpace Fast Facts: -- Started with less than zero -- Built an ASP for document services (delivery, storage, collaboration) -- After 30 months, sold for US$ 568 million -- 85 employees -- Out of this group, 25 other businesses were started in Canada. Nation-building “for free”! *

    7. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 7 DocSpace Little-known Facts: -- Cyberion deal; 2 pages -- (show of hands) Can grow a garden? -- (show of hands) Ever scavenged? -- Ownership Excel; no convoluted structure. Brought EVERYONE into the tent. -- Over-repaid debts, when we were still poor *

    8. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 8 DocSpace Little-known Facts (cont’d): -- 12/3, 24/6, 75/12… -- Beware Investment Bankers. Valued the company at $70 mil. -- Beware puffery—Boston set the stage for solo negotiations. -- Casa Loma party. Flew in everyone who ever helped us. -- Dust settled and lo’ and behold, many of the employees started co’s of their own! *

    9. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 9 Recap Lesson 1 = You can be an entrepreneur starting this very moment. If you sustain that act of leadership, it will transform lives and improve your Nation (no matter what the business outcome). A NO-LOSE proposition! Luck and Money are NOT required to start. DO need Perseverance, Faith & Sacrifice. Start now. Your grandparents are watching *

    10. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 10 Q & A

    11. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 11 Q & A

    12. Sept 20, '06 Dubai, UAE HCT-MIT Global Entrepreneurship 2010 (Keynote) Evan Chrapko 12 Evan Chrapko is looking for a company in Dubai that needs a President/CEO… But hopefully it won’t be your company in need of a turnaround, if you were paying attention! EvanChrapko@GMail.com

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