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- Pakistan100 in the News
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AllWorld Network Overview
|Expanding the World's Entrepreneurial Economy|
By 2015, AllWorld expects to expand the world's entrepreneurial economy.
Our model is simple - find the best growth companies, put them on the global radar screen, and let the market do the rest. This is the next economy.
We call this Visibility Economics™.
AllWorld will find and give visibility to ALL the growth entrepreneurs of the emerging world by 2015.
Emerging economies will be the century’s defining business opportunity. We are building the annual Arabia500, Africa500, Asia500 and Eurasia500 to map the vastly expanding entrepreneurial world. The 500s rigorously discover and credential a new breed of entrepreneurs with a track record of success in growth markets. This is the largest system to find entrepreneurs and bring them to world-wide attention – a system that thousands of market actors can leverage for growth, jobs and prosperity.
There is no shortage of capital, but there is a shortage of information on emerging fast-track entrepreneurs. This lack of information creates massive inefficiencies with capital chasing the same deals in the same markets, constraining growth and innovation. This is the problem AllWorld is solving, and we do it through Visibility Economics.“When you look at AllWorld, you look at the future.”
Harvard Business School Professor Michael Porter,
Chairman and Co-Founder of AllWorld Network
What is Visibility EconomicsTM? An AllWorld ranking puts private (non-listed) companies on the global radar screen – drawing to them customers, investors, growth partners and talent. Emerging entrepreneurs operate with a significant visibility deficit that constrains company and country growth. We turn the tables around generating visibility for emerging entrepreneurs to increase their odds of success and energize new growth. In the digital economy, visibility is a development multiplier, and the scale and speed of visibility is accelerating and generating vast possibilities.
“After making the Arabia500 I became a media sensation and received several calls from several investors. Visibility is what companies like ours need to multiply what we are doing.”
Yavuz Eroglu, SEM Plastic Corporation
In 2011 and in the midst of the Arab Spring, AllWord delivered the first 500 – the Arabia500 – discovering many of the fastest growing transparent private companies of the Middle East, North Africa, Turkey and Pakistan. Spanning many industries, the Arabia500 are growing 50% a year on average sales/turnover of $20 million.
Building on this success, in 2012 we launched the Africa500 and the South Asia250 (to become the Asia500). By 2015, the Arabia, Africa, Asia and Eurasia 500s will be running and we expect over 10,000 private companies to compete annually. The applicant information will be the largest pool of real time data on entrepreneurs. From this data we can predict new growth patterns, unlock cross-border opportunities, and generate a vast array of business services and investment tools.
We believe the possibilities for entrepreneurial expansion are virtually limitless.
Who are we? In 1998 the three AllWorld Founders (Anne Habiby, Deirdre Coyle and Harvard Business School Professor Michael Porter) help create the U.S. Inner City 100 with Inc. Magazine. We sent out to find and rank fast growing private companies in America’s poor urban communities. We were amazed to see how swiftly the market organized around the Inner City 100 information. From no funds, soon there were many investing in inner city companies, and President Clinton changed national banking policy based on our data. At the Inner City 100 tenth anniversary, 8,000 companies applied and were nominated, and we set our sights worldwide creating AllWorld Network.
How do companies apply and qualify? Thousands of emails go out from us and our partners, including an email to 100,000 Middle East customers from Zawya/Reuters, to 64,000 employers in Pakistan from Rozee.pk, and letters to all registered Turkish firms from the Federation of Turkish Chambers (TEPAV).
Companies with significant sales growth between 2009 and 2011 are invited to apply for a 2012 AllWorld ranking. Younger companies can be considered as Start Ups to Watch. Applicants are required to provide audited statements to document their performance, and they have to demonstrate high standards of governance and ethics. Each company is heavily vetted by AllWorld to test for all around excellence. Any private, non-listed, non-franchise company up to the challenge should fill out the application at AllWorldLive.com.
What did we find? Amidst a global economic recession, the Arab Spring and strenuous local business hurdles, being a fast growth company is a stunning achievement. The inaugural Arabia500 are growing 50% annually in industries from transportation, to health, to mobile, to water. They are not just growing locally, but they are internationally competitive with one third of their sales from outside their country.
These entrepreneurs have scaled companies under pressure, and they develop highly energized teams, encouraging many employees to spin off as entrepreneurs. They are an average of 30 years old when they start their company, and have grown up in an age of openness and meritocracy. The Arabia500 report is available at AllWorldLive.com
Interestingly, 75% of AllWorld Entrepreneurs originally come from multinational companies, such as HP, Pepsi, P&G, Aramco and Unilever, where they learned global systems and practices. Their multinational experience combined with local market know-how gives them unique ability to scale, inspiring our 2010 Harvard Business Review article the “High-Intensity Entrepreneur.”
What kind of company is AllWorld? AllWorld is among a new breed of Visibility Companies along with Google, eBay and Amazon that use information to create new economic capacity. The essence of Visibility Companies is to seamlessly generate thousands of market interactions that otherwise might not have happened. Founded in 2008, AllWorld is a for-profit privately held company creating entrepreneurial visibility.Imagine all the business opportunities that are possible if you knew the growth companies of the world’s growth markets.
That’s our business model.
Imagine all that they can do collectively to energize new creativity and prosperity.
That’s our change model.
And imagine Entrepreneurial Infomatics that tells us how these companies perform, and predicts how they will.
And that’s our insight model.
AllWorldXchange.com is an exclusive on line platform for AllWorld winners to access each other and source capital and deals. The annual subscription fee is $2,400.
AllWorld Events are one-of-a-kind gatherings for entrepreneurs including the 2012 Arabia500 & SouthAsia250 Awards & Summit in Dubai, and the annual AllWorld Summit@Harvard opened this year by Harvard President Drew Faust.
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