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As analysts debate over Facebook’s “failure” of an Initial Public Offering, one thing has been made clear through some recently released Kauffman Foundation research: America’s slump in IPOs does not bode well for our nation’s job creation or economic growth.
While policymakers scramble to make sense of the market volatility and rationalize our credit downgrade, many Americans have been left to fend for themselves. The Ice House Entrepreneurship Program, a two-part learning project is designed to remind us of the fundamental concepts of an entrepreneurial mindset and the opportunities it can provide.
The latest Kauffman Sketchbook illustrates how the Ice House Entrepreneurship Program develops the critical thinking, communication and problem-solving skills that help any individual think like an entrepreneur.
In this installment of my Ice House series, I sat down with Ice House alum Chris Vallee to learn first hand what he got out of the entrepreneurship program. Vallee, an intern at the Kauffman Foundation, attended the program two years ago at Johnson County Community College. Signing up for the class by chance, he quickly found a new perspective on the decisions he had been making in his life, and a renewed, invigorating urge to chase the life goals he had let fall by the wayside.
Last week, we hosted Ice House Facilitator Training here at the Foundation. We had people come from across the country and the international community to be trained in how to facilitate an entrepreneurial mindset to members of their community. I had the chance to sit down with one of the facilitators, Rob Elwood, and learn about his reason for coming to this training, and how he sees it benefiting his community in Annapolis, Md.
If this really is the "new abnormal," entrepreneurs have to change their ways. In a profession where "adapt or die" isn't just a motto, change isn’t a luxury - it's a necessity.
At Healthcare's Grand Hackfest: Idea to Breakthrough Innovation in One Weekend, at Massachusetts Institute of Technology, day two of the program began with presentations from a panel of keynote speakers who shared some words of wisdom for innovators in the group.
One of the greatest gifts of my job is the opportunity to meet entrepreneurs. A couple weeks ago, I was fortunate enough to talk entrepreneurship with Barnett Helzberg, Jr., former CEO of Helzberg Diamonds. Turns out this iconic entrepreneur, who's sold a company to Warren Buffet, knows a thing or two about entrepreneurship.
The once easy choice for many of going from high school to some form of accredited higher education is becoming less of a forgone conclusion simply because of the economics and by the entrance of for-profit schools of varying types; including alternative options to college altogether like the UnCollege movement and the Thiel Fellowship program. The entrance of these new players (entrepreneurs) will impact some traditional sources of higher education and certainly challenge our obedient consumer consensus that a ‘traditional’ education will best serve my progeny.
Local investing could be the answer to the problem of dealing with big banks and the way they do business. Read more about this funding alternative for startups.
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