Entrepreneurs' Organization

Entrepreneurs' Organization[1]
Logo of Entrepreneurs' Organization
Founded 1987
Founder 22 founders
52-1651248[2]
Legal status 501(c)(3) nonprofit organization[2]
Location
Area served
Owners and founders of businesses with at least US$1,000,000 in revenue
Members
12,000+
Bubu Andres[3]
Carrie Santos[3]
Website www.eonetwork.org
Formerly called
 Young Entrepreneurs' Organization

Entrepreneurs' Organization (EO) is a global non-profit organization, whose stated mission is to "Engage leading entrepreneurs to learn and grow." EO was formerly known as Young Entrepreneurs' Organization (YEO).[4][5] The organization was founded in 1987.[5]

History

In 1987, 22 young entrepreneurs created an organization whose goal was stated to be "to provide learning and networking opportunities for its members". The Young Entrepreneurs' Organization (YEO) expanded throughout the United States and Canada. Within a few years, membership grew to include chapters in Latin America, Europe, the Middle East, Africa, and Asia. In 1996, YEO helped create the World Entrepreneurs’ Organization (WEO), which served as an alumni organization for YEO members who, after the age of 40, wanted to continue their involvement in an entrepreneurial membership organization. In 2005, YEO and WEO merged to form the Entrepreneurs’ Organization (EO) as it is known today.[6]

Founding members

Verne Harnish is the founder of the Young Entrepreneurs’ Organization and recruited 22 entrepreneurs as founding board members to initially fund the start-up of the organization. Kevin Harrigton, of Shark Tank fame, was one of the founding board members.

Additional programs

The Entrepreneurs' Organization runs two additional programs: the EO Global Student Entrepreneur Awards [7][8] and the EO Accelerator Program.[9]

The EO Global Student Entrepreneur Awards (GSEA) is an awards program for high school, undergraduate and graduate students who own and operate a business. EO GSEA operates as an international series of competitions for student entrepreneurs who are attending a recognized high school, college or university, who own a for-profit business, are principally responsible for its operation and have been generating revenue for a minimum of six consecutive months.[10]

Global Entrepreneur Indicator

The Global Entrepreneur Indicator (GEI) began in 2010[11] as a semi-annual survey of the membership of the Entrepreneurs’ Organization. The Global Entrepreneur Indicator surveys a globally representative sample of entrepreneurs to predict economic trends in a number of areas, including job creation, profits and debt loads, economic forecasting, and the business environment. In 2012, the GEI found that approximately 60% of businesses experienced a net profit, while 59% increased their employee headcount.[12]

References

  1. ↑ www.eonetwork.org
  2. 1 2 3 "Form 990: Return of Organization Exempt from Income Tax". Entrepreneurs' Organization. Guidestar. June 30, 2014.
  3. 1 2 "Leadership". Entrepreneurs' Organization. Accessed on July 23, 2018.
  4. ↑ "Where the young and rich gather". New Straits Times. 4 October 2000.
  5. 1 2 "Young Entrepreneurs' Organization (YEO)". Inc.. Accessed April 2016.
  6. ↑ "About EO -- EO Timeline". Retrieved 1 April 2017.
  7. ↑ "Entrepreneurs' Organization (EO) Event". Florida Atlantic University. Retrieved 23 August 2013.
  8. ↑ "GSEA – Global Student Entrepreneur Awards".
  9. ↑ Eonetwork.org Archived July 23, 2010, at the Wayback Machine.
  10. ↑ Brian Lischer (23 November 2016); ‘’The Art and Science of Customer Interviews’’, The Huffington Post
  11. ↑ "EO Global Entrepreneur Indicator — About — Entrepreneurs' Organization".
  12. ↑ Globalentrepreneurindicator.com Archived June 8, 2013, at the Wayback Machine.

Further reading


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