Teaching entrepreneurship, you’re going to run into a bunch of so-called “experts,” who are going to tell you the “truth” about starting and running a business. But much of what they’ll tell you is just not true—no matter how widely held the beliefs. 1. People are either born entrepreneurs or they’re not You’ll hear this …
Teaching Creatives Business Without Driving Them Crazy
Not every student you teach is a business student. Or an engineering student. Or motivated by making money. Many of your…
Teaching Creatives Business Without Driving Them CrazyRead More
The Surprising Topic Business Students Expect You to Teach
Earlier this year, I was asked to speak to the capstone class of an MBA program. During the course of our conversation, I mentioned…
The Surprising Topic Business Students Expect You to TeachRead More
11 Best Startup Competitions
Startup competition season peaks in the spring and there are hundreds of business plan competitions sponsored throughout the…
Honest Advice on Business Planning
Excerpted from Entrepreneurship: A Real-World Approach, 2nd Ed, now available Challenge: Identify the opportunities and challenges when launching a new business Solution: Develop a business plan to help navigate the new company on the sometimes bumpy road to success Two thirsty guys walk into a supermarket. No, that’s not the beginning of a joke. It was the beginning of …
Think Like an Entrepreneur
Can entrepreneurship be taught? Can your students learn to be entrepreneurs, or must they be born with an entrepreneurial spirit? While some people are naturally more oriented toward an entrepreneurial lifestyle, and feel more comfortable with the uncertainty that comes with entrepreneurship, it’s definitely possible to work on developing some of the key attitudes and …
Special Entrepreneurship Educators Edition: Fall Term Success
Yikes. Summer is virtually over. Fall classes are just around the corner. Whether you’re dreading going back to class or are excited about getting back to teaching, we’ve got a few tricks and tips to make the transition easier. 1. Find out what courses you’re teaching Did you forget already? Did the administration fail to …
Special Entrepreneurship Educators Edition: Fall Term SuccessRead More
Looking for Money? Consider Crowdfunding
When people refer to crowdfunding, they generally mean raising money in return for a small amount of stock or ownership in the new company. However, there are actually two types of crowdfunding. 1. Equity crowdfunding Equity crowdfunding enables large numbers of people to invest small amounts of money in new ventures in return for a …
Case Study: The Bank of Starbucks
Excerpted from Entrepreneurship: A Real-World Approach, 2nd Ed, now available Challenge: To improve cash flow, reducing the unpredictability of sales for a nonessential purchase Solution: Find ways that encourage customers to prepay for goods long before they purchase them, and invest those funds safely There’s a pretty good chance the last time you ordered a Starbucks …
