theentrepreneuriallearning initiative

ENTREPRENEURSHIP REDEFINING

Gary Schoeniger,ELI Founder, CEO

theentrepreneuriallearning initiative

The world is rapidly changing

theentrepreneuriallearning initiative

Source: World Economic Forum 2016

We are currently preparing studentsfor jobs that do not yet exist

theentrepreneuriallearning initiative

How do we prepare students to thrive in an increasingly complex and highly uncertain

world?

theentrepreneuriallearning initiative

Students are not engaged

theentrepreneuriallearning initiative

76

61

41

% Engaged

Elementary School

High School

Middle School

Student Engagement

Source: Gallup

theentrepreneuriallearning initiative

Source: Professor Servaas van der Berg, RESEP

theentrepreneuriallearning initiative

~ Laszlo Bock, SVP People Operations, Google

GPA’s are worthless as a criteria for hiring.

theentrepreneuriallearning initiative

Workers are not engaged

theentrepreneuriallearning initiative

Source: Gallup

87%

theentrepreneuriallearning initiative

24% Actively Disengaged 63% Not Engaged 13% Actively Engaged

Source: Gallup

theentrepreneuriallearning initiative

24% Actively Disengaged 63% Not Engaged 13% Actively Engaged

Source: Gallup

theentrepreneuriallearning initiative

Job Growth

The need to encourage and support

entrepreneurial activities at all levels of our society...

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

Entrepreneurship is an essential life skill that every student will need to survive in the 21st Century

theentrepreneuriallearning initiative

Colleges are turning to entrepreneurship education to produce work-ready graduates and next-generation innovators through experiential learning…

It is not enough to add entrepreneurship on the perimeter… it needs to be at the core of the way education operates.

theentrepreneuriallearning initiative

?? ?

Scientifically unfathomablemystery

theentrepreneuriallearning initiative

High GrowthEntrepreneurs

theentrepreneuriallearning initiative

✓ Ideas obvious high growth potential ✓ Tech-centric ✓ Develop a business plan ✓ Conduct in-depth market research ✓ Five year financial projections ✓ Seek VC investment

Plan & Pitch

theentrepreneuriallearning initiative

.018

theentrepreneuriallearning initiative

Richard BransonSmall Business Management

theentrepreneuriallearning initiative

Small Business Management✓ Formal market research ✓ Write a business plan ✓ Finance & accounting ✓ Marketing & sales ✓ Legal structures ✓ Seek bank financing

theentrepreneuriallearning initiative

NOTENTREPRENEURSHIP IS

MANAGEMENT

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

“Enthusiasticand somewhat inexperienced.”

Entrepreneurial Reality

✓ No breakthrough technology ✓ Little or no formal planning ✓ Ad-hoc market research ✓ $10,000 ✓ Little or no experience

theentrepreneuriallearning initiative

?? ?

theentrepreneuriallearning initiative

Process: The processes and methods that enable entrepreneurs to identify, evaluate, and transform ideas into mutually beneficial, sustainable endeavors.

Person: The underlying motivation - the beliefs, assumptions, and psychological factors that drive entrepreneurial behavior.

Situation: The social, environmental, and situational factors that encourage or inhibit the development of entrepreneurial attitudes, behaviors, and skills.

Search Growth Obsolescence

Transformation Theory

Search Growth Obsolescence

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Search Growth Obsolescence

Management Organization Replication Process Procedures Efficiency Improvement Consistency Scalability Specialization Marketing Sales Human resources Legal Accounting Formulaic Conformity Compliance

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Large scale Innovation Diversification Acquisitions Careful planning In-depth research Formal analysis Financial forecasting Teams of experts Experienced managers Access to resources Visible market Known brand Established channels Known customer Board governance Senior manager Hierarchical approval

Search Growth Obsolescence

Management Organization Replication Process Procedures Efficiency Improvement Consistency Scalability Specialization Marketing Sales Human resources Legal Accounting Formulaic Conformity Compliance

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Large scale Innovation Diversification Acquisitions Careful planning In-depth research Formal analysis Financial forecasting Teams of experts Experienced managers Access to resources Visible market Known brand Established channels Known customer Board governance Senior managers Consultants

Search Growth Obsolescence

Management Organization Replication Process Procedures Efficiency Improvement Consistency Scalability Specialization Marketing Sales Human resources Legal Accounting Formulaic Conformity Compliance

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Large scale Innovation Diversification Acquisitions Careful planning In-depth research Formal analysis Financial forecasting Teams of experts Experienced managers Access to resources Visible market Known brand Established channels Known customer Board governance Senior managers Consultants

Search Growth Obsolescence

Management Organization Replication Process Procedures Efficiency Improvement Consistency Scalability Specialization Marketing Sales Human resources Legal Accounting Formulaic Conformity Compliance

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Large scale Innovation Diversification Acquisitions Careful planning In-depth research Formal analysis Financial forecasting Teams of experts Experienced managers Access to resources Visible market Known brand Established channels Known customer Board governance Senior managers Consultants

Search Growth Obsolescence

Management Organization Replication Process Procedures Efficiency Improvement Consistency Scalability Specialization Marketing Sales Human resources Legal Accounting Formulaic Conformity Compliance

Observation Inquiry Empathy Curiosity Experimentation Adaptation Creativity Critical thinking Problem solving Self-direction Collaboration Teamwork Reliability Resourcefulness Networking Communication Commitment Resilience

Entrepreneurship is

SEARCH

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

Process: The processes and methods that enable entrepreneurs to identify, evaluate, and transform ideas into mutually beneficial, sustainable endeavors.

Person: The underlying motivation - the beliefs, assumptions, and psychological factors that drive entrepreneurial behavior.

Situation: The social, environmental, and situational factors that encourage or inhibit the development of entrepreneurial attitudes, behaviors, and skills.

mīn(d)-ˌset, nthe underlying beliefs and assumptions that influence behavior

theentrepreneuriallearning initiative

theentrepreneuriallearning initiative

Visible Artifacts

Espoused Values

Underlying Beliefs & Assumptions

theentrepreneuriallearning initiative

✓Locus of Control✓Fixed vs. Growth✓Motivation ✓Self-perpetuating

Mindset Concepts

theentrepreneuriallearning initiative

Process: The processes and methods that enable entrepreneurs to identify, evaluate, and transform ideas into mutually beneficial, sustainable endeavors.

Person: The underlying motivation - the beliefs, assumptions, and psychological factors that drive entrepreneurial behavior.

Situation: The social, environmental, and situational factors that encourage or inhibit the development of entrepreneurial attitudes, behaviors, and skills.

In the past we created innovators and entrepreneurs by accident rather than by design.

“Dr. Tony Wagner

theentrepreneuriallearning initiative

An entrepreneurial mindset can

empower ordinary people to accomplish

extraordinary things

theentrepreneuriallearning initiative

12 3 4

5 876

Choice

Opportunity Action Knowledge

Resourceful Reliable Community Persistent

8 Core Concepts

theentrepreneuriallearning initiative

Let's stop asking students what they want to be or do when they grow up. Ask them what problems they want to solve and what they need to learn in order to solve

those problems.

~ Jaime Casap, Google Education

“

theentrepreneuriallearning initiative