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Academia is getting ever more aggressive about helping entrepreneurs get a running start. An emerging crown jewel could well be Stanford University's brand new StartX.
Bill Payne invests, serves on boards, teaches, writes and mentors -- but most of all, has fun.
In this Collection overview article, this entrepreneur and director argues boards of directors are critical success factors in fast-growing companies. This expert debunks a set of common misconceptions many entrepreneurs have about boards and outlines why an entrepreneur should build one.
Dr. William J. Perry, former Secretary of Defense discusses lessons in leadership reminding us that a pivotal point in management is realizing that "It's your ship" and your own "crew". Perry draws parallels from his experience in business as an entrepreneur and in the government in various critical technology development roles and most recently as the Secretary of Defense (1994-1997). Perry ends with an incisive management principle applicable both in the corporate world and the government - "Take care of your troops and they will take care of you."
Joel Peterson, founder of Peterson Partners, discusses the secret to successful negotiations. He reminds us that negotiation is how one navigates their way through life, and in order to have successful negotiations, people must be empowered, have high character, and confidence. Peterson draws from his experience as CEO of one of the world's largest real estate development firms and most recently founded Peterson Partners- an equity fund in search of talented and visionary CEOs.
Rick Wallace, recently appointed CEO of KLA-Tencor, shares his management philosophy and the key to the company's success over the last 30 years. He stresses the importance of having a clear vision, distinct values and a well defined strategy to take care of his key constituencies: employees, customers and shareholders.
Janice Roberts, General Partner at Mayfield, discusses how Mayfield is going global and carefully evaluating opportunities in countries like India and China. She stresses the importance of accessing the needs of young customers who are embracing new technologies at an extremely fast pace and demanding more products and services.
Ron Rubin's profession is tea, but he is also steeped in giving back to student entrepreneurs.
When considering the optimal number of founders for any new entrepreneurial adventure, the calculus extends well beyond simple formulas seemingly supported by observations of startup cohorts within specific industries. Famous technology twosomes that come to mind include David Packard and William Hewlett of Hewlett-Packard, Steve Jobs and Steve Wozniak of Apple, Paul Allen and Bill Gates of Microsoft, Larry Page and Sergey Brin of Google. In these examples, it is widely observed that these buddy teams complemented each other well in the early formative years of their companies.
You don't need to spend countless hours in a classroom, or have an MBA to become a successful entrepreneur. Entrepreneurs often don't have the time or patience to sit through a semester long class or six-week course in order to retrieve the answer to a question they have now--today. They need help quickly and efficiently. And this is where our idea for Founders School started.
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A robust online curriculum for entrepreneurs.
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A network of U.S. cities facilitating a weekly entrepreneur education program. Go to 1 Million Cups >
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