Entrepreneurs' Organization
{{Short description|Global non-profit organization}}
{{third party|date=April 2021}}
{{Infobox organization
| name = Entrepreneurs' Organization
| logo = EO Primary Logo-Color-RGB 300ppi.png
| logo_size = 210px
| logo_alt = Logo of Entrepreneurs' Organization
| founded = 1987
| founder = 22 founders
| location =
| members = 19,531
| area_served = Owners and founders of businesses with at least US$1,000,000 in revenue
| leader_name = Joaquín ('Quini') Cordero"[https://hub.eonetwork.org/Web/public/leadership.aspx]". Entrepreneurs' Organization. Accessed on July 1, 2023.
| leader_title = EO Chair
| leader_title2 = Interim Executive Director
| status = 501(c)(3) nonprofit organization
| headquarters = Alexandria, Virginia, United States"[http://www.guidestar.org/FinDocuments/2014/521/651/2014-521651248-0b222fcd-9.pdf Form 990: Return of Organization Exempt from Income Tax]". Entrepreneurs' Organization. Guidestar. June 30, 2014.
| formerly = Young Entrepreneurs' Organization
| website = {{url|http://www.eonetwork.org}}
}}
Entrepreneurs' Organization (EO) is a global non-profit organization formerly known as the Young Entrepreneurs' Organization (YEO),{{cite news|title=Where the young and rich gather|url=https://news.google.com/newspapers?nid=1309&dat=20001004&id=-1RIAAAAIBAJ&sjid=lhQEAAAAIBAJ&pg=5337,1018505|newspaper=New Straits Times|date=4 October 2000}} that was founded in 1987.
History
In 1987, 22 young entrepreneurs founded an organization initially known as The Young Entrepreneurs' Organization (YEO) which 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.{{cite news |last1=Ho |first1=Abigail L. |title=For This Group, Life Starts Long Before 40 |url=https://news.google.com/newspapers?nid=2479&dat=20010924&id=Q6hjAAAAIBAJ&sjid=hiUMAAAAIBAJ&pg=1875,39932521&hl=en |access-date=25 April 2021 |newspaper=Philippine Daily Inquirer |date=24 September 2001}}
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.{{cite web|title=About EO -- EO Timeline|url=https://www.eonetwork.org/about/eo-timeline|access-date=1 April 2017}} They continue to focus on youth with the annual Global Student Entrepreneur Awards and pitch contest. {{cite news |last1=Cummings |first1=Kevin |title='Our future is in good hands': Upcoming documentary follows the journey of five student entrepreneurs |url=https://www.bizjournals.com/dallas/inno/stories/news/2021/02/11/disney-releasing-film-on-student-entrepreneurs.html |access-date=19 July 2021 |work=www.bizjournals.com |date=11 February 2021}}{{cite news |title=Networking Group Wants 'Em Young, Prosperous |url=https://news.google.com/newspapers?nid=1350&dat=20010625&id=C1lPAAAAIBAJ&sjid=2wMEAAAAIBAJ&pg=2567,3124599&hl=en |access-date=25 April 2021 |work=Toledo Blade |date=25 June 2001}} with a series of chairs from all over the country.{{cite web |title=Entrepreneurs' Organization |url=https://hub.eonetwork.org/Web/About_Public/EO_Board/Web/About%20Public/EO-Board.aspx?hkey=6e72254f-b8f7-4a68-9a1d-bfc681567e5f |website=www.eonetwork.org |publisher=EO Network}}{{cite book |last1=Oldham |first1=Thomas A. |title=Dramaturgy in action … even if it's not as a dramaturg |date=7 August 2014 |pages=251–256 |publisher=Routledge |doi=10.4324/9780203075944-46 |isbn=978-0-203-07594-4 |url=https://www.taylorfrancis.com/chapters/edit/10.4324/9780203075944-46/dramaturgy-action-even-dramaturg-thomas-oldham |access-date=19 July 2021 |language=en}}{{cite journal |last1=Daum |first1=Kevin |title=Entrepreneurs: the artists of the business world |journal=Journal of Business Strategy |date=1 January 2005 |volume=26 |issue=5 |pages=53–57 |doi=10.1108/02756660510700546 |url=https://www.emerald.com/insight/content/doi/10.1108/02756660510700546/full/html |access-date=19 July 2021 |issn=0275-6668|url-access=subscription }}
Membership
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. Some of the members were Kevin Harrington, of Shark Tank fame, Julie Brice, founder of I Can't Believe It's Yogurt, Neil Balter of the California Closet Company, and Lisa Renshaw of Penn Parking Inc.{{Cite web |title=Our History |url=https://hub.eonetwork.org/Web/Web/About%20Public/Our-History.aspx |access-date=2023-11-14 |website=hub.eonetwork.org |language=en}} Members are required to have controlling ownership of a company with annual revenue of at least one million dollars. Membership has grown to over 18,000+ worldwide with an average age of 44 and a series of chapters in more than 60 countries. As of 2015, it was estimated that approximately fifteen percent focused in arts and other soft businesses.{{cite book |last1=Oldham |first1=Thomas A. |title=Dramaturgy in action … even if it's not as a dramaturg |date=7 August 2014 |pages=251–256 |publisher=Routledge |doi=10.4324/9780203075944-46 |isbn=978-0-203-07594-4 |url=https://www.taylorfrancis.com/chapters/edit/10.4324/9780203075944-46/dramaturgy-action-even-dramaturg-thomas-oldham |access-date=19 July 2021 |language=en}}
Global Entrepreneur Indicator
The Global Entrepreneur Indicator (GEI) began in 2010{{cite web|url=http://www.entrepreneurindicator.com/about/|title=EO Global Entrepreneur Indicator — About — Entrepreneurs' Organization|access-date=2012-10-15|archive-url=https://web.archive.org/web/20140518111752/http://www.entrepreneurindicator.com/about/|archive-date=2014-05-18|url-status=dead}} 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.[http://globalentrepreneurindicator.com/# Globalentrepreneurindicator.com] {{webarchive|url=https://web.archive.org/web/20130608221026/http://globalentrepreneurindicator.com/ |date=June 8, 2013 }}
References
External links
- {{official web site|http://www.eonetwork.org}}
Category:International charities
Category:Business organizations based in the United States
Category:Non-profit organizations based in Alexandria, Virginia