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…
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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…
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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 …
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Should Your Students Emulate Elon Musk?
In the summer of 2016, Elon Musk, CEO of electric-car maker Tesla, unveiled his vision of the future, called “Master Plan, Part Deux.” Not content to just concentrate on building a sexy, safe, and desirous electric car, Musk already had a lot on his plate: building a massive electric battery plant in Nevada, buying the solar-panel company SolarCity and, oh …
How to Help Students Raise Money From the Crowd
Are your students looking for funding to get a great idea, product, or new venture off the ground? If you teach in the U.S., now there’s a new source of financing they can tap into—equity crowdfunding. It’s taken until May of this year for the regulations regarding equity crowdfunding—officially referred to as Regulation Crowdfunding—to go into …
Lean Startup: Five Things Your Students Need to Know Now
“Experiment, Expedite, Iterate.” That’s Google’s mantra of new product development, and it closely aligns with one of the hottest trends in entrepreneurship today: the lean startup. As an entrepreneurship educator, you’re likely familiar with the lean startup movement, promoted by author Eric Reis. In a nutshell, the lean startup approach emphasizes speed: launch a product …
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