The working sessions took place in a beautiful conference room facing Sitges and the sea. There were 19 Venturepreneurs that came from different parts of Spain, Germany, Austria, France, Sweden, Romania, Croatia, Mexico and Holland.
The Venturepreneurs had 4 distinct sessions during this time:
A short introduction of the new members who just joined the Venturepreneurs’ Organization combined with an update from the existing Venturepreneurs is always a must at the Summits. Here the members describe their “Best & Worst” of their past 6 months in a few minutes in order for others to understand on a professional and personal level where each member stands.
The Venturepreneurs are combining their efforts to implement a common project that will enable them to foster entrepreneurship on an international level. As these individuals cover more than 10 international markets around 3 continents they rely on well-established and powerful networks that can really make a difference. We will keep you posted on this project that will make a big difference for seed and start-up entrepreneurs in Europe.
A very important section of the summit is for every Venturepreneur to share what s/he needs (contacts, knowledge, experiences, etc.) in the professional and/or personal life. Each member can share 3 needs and present them to the group and then the others can volunteer to offer their lead on a specific issue.
The Venturepreneurs are have gathered many years of experience and are experts in their fields. None-the-less they are also individuals that like to grow companies, people and themselves on a constant basis. This year we invited two highly regarded professionals in order to share their insights with the Venturepreneurs. Verne Harnish, experienced entrepreneur and expert in high-growth companies with Gazelles, and Jose Mestres, Managing Director at Blackstone and expert in the M&A and IPO fields, had rich discussions with the Venturepreneurs. Verne Harnish gave a lot of advice to the Venturepreneurs regarding both their professional and personal lives. A key takeaway is to remember to dedicate time to the venture but without disregarding the wife and children in the family. Jose Mestres gave a very informative talk outlining IPO and M&A strategies and suggesting that now-a-days M&A is a preferred exit for a tech entrepreneur while IPOs are very cyclical and tend to follow the economic patterns of a country.
It was a summit enriched by ideas, facts, figures and especially people. What matters is value and this is what the Venturepreneurs’ found in this summit. We are happy to announce that the next Summit will take place in Vienna and we all look forward to the next October 2011 Summit – “Venturepreneurs go Wien”!