Lean StartUp

All you must know about Entrepreneurship 

Qué es Lean ?

Entrepreneurship by Elon Musk

Elon Musk, CEO of Tesla Motors, SpaceX and more successfull startups, gives his top three points of advice to aspiring entrepreneurs. 

Let's start this course with a silly question: Can Entrepreneurship be taught ?*

  • YES!
  • NO, You have to be born entrepreneur

Yes, It can be taught

Let us say that the question of whether we can teach entrepreneurship or not can be a debate sometimes. The same thing stands for leadership, management and a few other areas of study of Business Administration programs. But of course, we do believe that there are many things to be taught in order to avoid "reinventing the wheel" and/or making common mistakes.

As an entrepreneur you WILL make mistakes, and our goal is to give you the keys to help minimize their impact and occurrence, thus saving you precious money & time.

Anyway, as an Business Administration enthusiast (since you're reading this :-) ), you should learn to like debates and participate, so we strongly advise you to check the LinkedIn group of your class 3-4 times a week and ask as many questions as possible.

[Optional Reading ]

 Along your learning path, you will see some optional learning material that is usually marked with the green ellipsis icon shown below.Click on the link below to read this Wall Street Journal article about Entrepreneurship:http://www.wsj.com/articles/SB10001424052970204603004577267271656000782

Are you interested in starting your own business?*

  • YES
  • NO

Are you interested in starting your own business?*

We will publish the poll results on the LinkedIn group of your class.* Questions marked with an asterisk are mandatory. Don't skip them otherwise you will have to jump back to the questions not completed at the end.

In this course, you will learn how to think "out of the box". Watch a short, motivational video of an interview of Steve Jobs that will hopefully inspire you to become a great leader.

Why this video? Because it describes fundamentally the goal of every business administration program: educate leaders who will make an impact. Steve Jobs encourages you here to be that leader by thinking out of the box and making a difference in a world mostly "made by people no smarter than you".

Steve Jobs' Vision of the World

Let's try to define Entrepreneurship!

What is Entrepreneurship to you? Take a few seconds to think about it and then type your definition here.*

The most widely accepted definition of entrepreneurship is:

"The pursuit of opportunity beyond resources controlled"

- Professor Howard Stevenson, the "godfather" of Entrepreneurship Studies at Harvard Business School

Lean Startup Methodology

Why Do Most Startups Fail?

It's hard to create a business.

In this lesson, you will learn the most common reasons why startups typically fail and the factors that matter most for company success.

For 10 new startups created, how many fail within 4 years?*

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

Here are the real numbers in the U.S.

http://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm


If you don't live in the U.S., go ahead and find the figures for your country to see if it is any different!



If you'd like to refer to this article later, you can find the link in the Additional Material section of this lesson.