MIT Enterprise Forum Pan Arab Startup Competition Keynote Slides - Cairo, May 22, 2014

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The slide Bill Aulet used to give the Keynote Speech at the MIT Enterprise Forum Pan Arab Startup Competition Final Award Ceremoy held at the American University of Cairo on May 22, 2014. It was a meant to inform, inspire and motivate young entrepreneurs to think more ambitiously about how and why to scale their companies - and the imperative to do so. It was also the announcement of an Arabic version of the Disciplined Entrepreneurship expected in December of 2014.

Transcript of MIT Enterprise Forum Pan Arab Startup Competition Keynote Slides - Cairo, May 22, 2014

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Bill AuletManaging Director,

Martin Trust Center

for MIT Entrepreneurship

FINAL AWARD CEREMONY

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Being an entrepreneuris the new “cool” thing.

But why?

Is this sustainable?

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BOJ S

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But is there sufficient understanding of the topic?

Hmmm….

DISCIPLINED ENTREPRENEURSHIP

Definition of Entrepreneurship – 2 Types

Entrepreneurship

SME

(Small Medium Enterprise)

Regional Markets

Restaurants

Dry Cleaners

Services

IDE

(Innovation-Driven Entrepreneurship)

Global Markets

Products for Export

Sustainable Competitive Advantage at Core

• Δt is short• Linear growth• Less investment required

• Δt is long• Exponential growth• A lot of investment required

Other Questions for Entrepreneurship Education

1. Can

2. Why

3. How

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Crisis inentrepreneurial education

Demand

Supply of

quality

Time

Storytelling

Importance of Spirit8

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Spirit + Skills

Successful Entrepreneurship

But What is Happening

Crisis in Entrepreneurship Education

“Education by Storytelling”

Gets the Spirit but Not the Skills

Makes it Sound Easy

It is Not! Requires Discipline

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Benefits of Approach

Comprehensive yet Practical

Integrated

Proven & Tested – To Stand the Test of Time

Sequential/Prescriptive

Creates Common Language for Knowledge Transfer and Accumulation

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“I'm actually as proud of the things we haven't done as the things I

have done.”—Steve Jobs

Examples of Disciplined Entrepreneurship

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More info

The book

www.disciplinedentrepreneurship.com

Progress Dashboard

www.detoolbox.com

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Online course

www.bit.ly/e-101

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1 Week Intensive Course at MIT

By application welcomes you to apply

Last week of January at MIT

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Spirit Skills+

Successful Entrepreneurship =

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