233: Start a Spinout Venture with Andre Laplume

08/02/24 • 31 min

Andre Laplume, Professor at the Ted Rogers School of Management at Toronto Metropolitan University, is driven by a deep understanding of how employees start a spinout venture.

We discuss the key moments that spark employees to leave their corporate roles and start their own ventures. From strategic disagreements and personal conflicts to ethical dilemmas and liquidity events, he sheds light on the diverse reasons behind these entrepreneurial leaps. He introduces his framework, which focuses on preparations and considerations, addresses strategies and challenges faced during the transition, and highlights post-launch steps for managing and growing the new business.

He also introduces the idea of hybrid entrepreneurship, where individuals juggle side projects while still employed, eventually turning their side hustle into a full-fledged business. Andre’s new book, Spinout Ventures: Transition from Employees to Entrepreneurs, is a valuable guide for aspiring entrepreneurs and managers alike, offering practical advice on turning corporate frustrations into entrepreneurial success.

(0:29) Andre’s personal Why

(3:20) Types of Entrepreneurship

(10:57) The 3 Phases of a Spinout Framework

(18:44) Ethical Dilemmas & Triggers

(24:41) Hybrid Entrepreneurship

(32:32) Spinout Ventures: Transition from Employees to Entrepreneurs by Andre Laplume

Links and Resources

Andre’s LinkedIn
Spinout Ventures: Transition from Employees to Entrepreneurs by Andre Laplume
Management Blueprint Podcast on Youtube https://bit.ly/MBPodcastPlaylistYT
Steve Preda’s books on Amazon https://www.amazon.com/stores/author/B08XPTF4ST/allbooks
Test-drive Steve's Summit OS Toolkit: https://stevepreda.com/summit-os-toolkit/
Follow video shorts of current and past episodes on LinkedIn https://www.linkedin.com/company/stevepreda-com/

Andre Laplume, Professor at the Ted Rogers School of Management at Toronto Metropolitan University, is driven by a deep understanding of how employees start a spinout venture.

(0:29) Andre’s personal Why

(3:20) Types of Entrepreneurship

(10:57) The 3 Phases of a Spinout Framework

(18:44) Ethical Dilemmas & Triggers

(24:41) Hybrid Entrepreneurship

(32:32) Spinout Ventures: Transition from Employees to Entrepreneurs by Andre Laplume

Links and Resources

Andre’s LinkedIn
Spinout Ventures: Transition from Employees to Entrepreneurs by Andre Laplume
Management Blueprint Podcast on Youtube https://bit.ly/MBPodcastPlaylistYT
Steve Preda’s books on Amazon https://www.amazon.com/stores/author/B08XPTF4ST/allbooks
Test-drive Steve's Summit OS Toolkit: https://stevepreda.com/summit-os-toolkit/
Follow video shorts of current and past episodes on LinkedIn https://www.linkedin.com/company/stevepreda-com/

Previous Episode

232: Create a Remarkable Effect with Ton Dobbe

Ton Dobbe, Founder of Value Inspiration, is driven by his passion for technology and a mission to help SaaS companies create a remarkable effect with predictable growth in their businesses.

We learn about Ton's journey from his career in enterprise software and product marketing to founding Value Inspiration. He explains his framework for the Remarkable Effect, focusing on how SaaS companies can stand out, attract the right customers, and ensure sustainable growth. He shares insights on the three levers of his framework: the value lever, the viability lever, and the volume lever. He also discusses the importance of selling transformation over products and the power of standing for something significant in the market.

(0:48) Ton’s personal Why

(3:24) The Remarkable Levers Framework

(17:40) Stand For vs. Stand Against

(25:17) The Remarkable Effect by Ton Dobbe

Links and Resources

Ton’s LinkedIn
Value Inspiration
The Remarkable Effect by Ton Dobbe
Management Blueprint Podcast on Youtube https://bit.ly/MBPodcastPlaylistYT
Steve Preda’s books on Amazon https://www.amazon.com/stores/author/B08XPTF4ST/allbooks
Test-drive Steve's Summit OS Toolkit: https://stevepreda.com/summit-os-toolkit/
Follow video shorts of current and past episodes on LinkedIn https://www.linkedin.com/company/stevepreda-com/

Next Episode

234: Sell Your Business & Keep Your Legacy with Scott Eisenberg

Scott Eisenberg, Founder of Franklin Capital Advisors, is driven by a deep desire to help people and solve problems collaboratively, shares his insights on how to sell your business and keep your legacy.

We learn about Scott's journey as an award-winning investment banker, restructuring and transaction financing specialist, and serial entrepreneur. He explains his framework for selling a business like Gino Wickman. This framework involves grooming strong leadership roles, setting clear expectations for your post-sale role, and choosing a buyer aligned with your vision and values. Scott emphasizes the importance of empathy and trust in these processes. He shares his experience advising Gino Wickman on selling EOS Worldwide and discusses the importance of alignment, cultural fit, and strategic planning in successful business transactions. His ability to build trust quickly and his commitment to delivering positive outcomes for clients are central to his frameworks.

(1:16) Scott’s personal Why

(4:49) Selling a business like Gino Wickman - The EOS example

(21:57) Scott’s most exciting project

(27:36) Find out more about Scott

Links and Resources