MIT Sloan Executive Education innovation@work Blog

Category: Entrepreneurship

Ready to go from idea to start-up in just one week?

Posted by MIT Sloan Executive Education - 21 days ago

Bill Aulet's 24 Steps to a Successful Startup

At MIT, we think about entrepreneurship differently. To us, entrepreneurship is not a science nor an art; it’s a craft that can be honed. We also teach entrepreneurship differently than other institutions. In a recent webinar, Bill Aulet, Professor of the Practice and Managing Director of The Martin Trust Center for MIT Entrepreneurship, explains how our Entrepreneurship Development program (EDP) helps entrepreneurs and corporate venturing intrapreneurs go from idea to start-up in just one week.

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Bringing the Disciplined Entrepreneurship process to Ireland: A Q&A with EDP participant Dr. John Breslin

Posted by MIT Sloan Executive Education - 2 months and 16 days ago

Entrepreneurship Development Program participant John Breslin

Dr. John Breslin is Director of TechInnovate and a Senior Lecturer in Electronic Engineering at the National University of Ireland Galway. He is also a Co-Principal Investigator at the Insight Centre for Data Analytics. He completed the most recent session of the Entrepreneurship Development Program and graciously offered to answer some of our questions and share his perspective on the program.

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How to cultivate the challenge-driven leadership of MIT at your organization

Posted by MIT Sloan Executive Education - 2 months and 18 days ago

How to cultivate the challenge-driven leadership of MIT at your organization

Tackling tough problems requires innovation and a diverse range of talent, along with the desire to take an unconventional approach. According to Deborah Ancona and Hal Gregersen of the MIT Leadership Center, these talents and traits are intrinsic to challenge-driven leaders. In a recent article published to strategy+business, Ancona and Gregersen explain that challenge-driven leaders also tend to be experts in their fields and entrepreneurial in spirit.

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EDP participant Suraj Kripalani joins the local innovation ecosystem with BonBillo

Posted by MIT Sloan Executive Education - 2 months and 26 days ago

Suraj Kripalani Entrepreneurship Development Program MIT Sloan

It is an understatement to say that Suraj Kripalani is passionate about social ventures. Like many participants of MIT Sloan Executive Education programs, he’s interested in making an impact on the world. However, few take that charge quite as seriously as this former finance executive.

Kripalani attended the week-long, 2017 session of the Entrepreneurship Development Program and said it was not what he expected. “In fact, it blew through my very high expectations. Completely. And here’s why."

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Want to follow in Amazon's footsteps? Bill Aulet says focus on your beachhead market

Posted by MIT Sloan Executive Education - 3 months and 8 days ago

Establishing the beachhead market

Amazon’s most recent $13.7-billion acquisition of Whole Foods has moved Jeff Bezos into the top spot—he is officially the richest man in America. As a result of this takeover, his empire has disrupted the grocery industry and amassed a treasure trove of consumer and market data. But as MIT Sloan’s Bill Aulet reminds us in a recent article on entrepreneur.com, it was not always so.

“Once upon a time, Amazon sold only books. Bezos’s initial focus on books constitutes the greatest execution of a beachhead marketing strategy ever.” Emerging entrepreneurs can learn valuable lessons from Bezos’s approach.

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The truth about entrepreneurship: 6 myths debunked

Posted by MIT Sloan Executive Education - 3 months and 13 days ago

The truth about entrepreneurship: 6 myths debunked

When you think of entrepreneurs, what beliefs and traits come to mind? It’s quite possible your holding on to one or more misconceptions about what entrepreneurship is and what it requires. And if you’re an aspiring entrepreneur yourself, such misperceptions could be getting in your way.

MIT Sloan Professor Bill Aulet, a long-time-practicing entrepreneur, Managing Director of the Martin Trust Center for MIT Entrepreneurship, and author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup, says that as more people aspire to become entrepreneurs, it is important to debunk common myths about what makes them successful—these six in particular.

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MIT Sloan Executive Education hosts Mass Innovation Nights

Posted by MIT Sloan Executive Education - 5 months and 16 days ago

Mass Innovation Night 101 at MIT Sloan Executive Education

This week, MIT Sloan Executive Education is hosting Mass Innovation Nights 101 (#MIN101), the Boston region’s premier monthly startup showcase and networking event. This month’s event, to be held on Wednesday, August 9th, will be held at MIT’s Samberg Conference Center and will feature new startups influencing innovation and tackling process improvement.

“Over the last eight years, we’ve built a successful social media-powered group that has worked together to support local entrepreneurs,” said Bobbie Carlton, Founder of Innovation Nights and Innovation Women. “It’s really a great example of how much a group can accomplish working together, without huge budgets and expensive tools.” Carlton adds, “as a major global driver of innovation, MIT is a natural partner for us.”

Free-of-charge and open to the public, monthly Mass Innovation Nights events feature business experts, networking, tabletop demos, and presentations from the winners of an online vote taken before the event. Here are the innovations participating in Mass Innovation Nights 101:

  • Openbridge is an integration platform that helps teams harness the power of performance data across a variety of sources, including social networks, video platforms, and web analytics tools.
  • TwelveJobs uses detailed information from job seekers and employers to algorithmically help find the perfect match.
  • WatchRx uses a smartwatch to help the elderly take their medications on time and to live independently in their homes as long as possible.
  • Vinolytics simplifies wine management, offering what to drink when, what it is worth, where it comes from and how to buy or sell it.

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