Many entrepreneurship courses teach students “how to write a business plan.” This past term, Stanford introduced a new graduate-level course that takes a different approach to entrepreneurship education: rather that building a static business plan, emphasize customer development, agile development, business models and pivots. Steve Blank charts the progress of this experiment: http://www.xconomy.com/san-francisco/2011/03/08/a-new-way-to-teach-entrepreneurship-class-1-at-stanfords-lean-launchpad/?single_page=true
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November 19, 2011 at 5:21 pm |
This is exactly what we do in Entrepreneurship & Financing Class for Tech Ventures at the engineering school at the University of Virginia. We emphasize the ability to pivot, building a business “concept” plan rather than a full business plan, require extensive market testing with surveys to the customer to validate (and in many cases the customer is not always evident), and perfect the pitch for the product on value added, valuation, funds necessary. Oh, and it’s always lots of fun, every class, each class.