233: Start a Spinout Venture with Andre Laplume

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/