Photo by Jorge Fernández Salas on Unsplash

On entrepreneurial education.

How do we teach young people the skills required to become successful entrepreneurs?

Adapted from a talk I gave at the edTech Summit on August 17th, 2020.

The first ever MBA cohort graduated from Harvard in 1910.

“A corporation is an organization designed to execute a business model. A startup is an organization designed to find a business model.” — Steve Blank

So how is being an entrepreneur different from being a corporate manager? Part of the answer to that may lie in professor Howard Stevenson’s definition of entrepreneurship. He says “Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled”. This suggests that entrepreneurs are people who can see opportunity and then go on an expedition to find and obtain the resources they’ll need (capital, people, infrastructure, customers, strategy) in order to pursue that opportunity.

I’m a Silicon Valley guy. I teach entrepreneurship at Stanford, coach startup CEO’s at Miller Center, and run the 4thly Startup Accelerator. Also, I love tacos.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store