Creation. The fundamental of entrepreneurship is either taking something that’s been done already, or is completely new, and creating something out of it. It’s always interesting to see where technology takes us next, and with the world developing so quickly, it’s safe to say that entrepreneurs can find success in almost any industry. But what about an entrepreneur who finds a business in creating other entrepreneurs? This blog in the NY Times explores, Adeo Ressi, founder and CEO of the Found Institute, who has done just that. In just under 4 years, Ressi has mentored and helped developed over 1000 successful business, with a 90% survival rate. In doing so, 10,000 jobs have been created, and the company is on track for 20,000 by 2020, essentially “globalizing” Silicon Valley, from Johannesburg to New York.
It’s interesting to hear about an entrepreneur who stands out from those who already stand out. Like we have learned in our class, entrepreneurs do not think of good start-up ideas, but rather find something missing in our everyday lives, and creates something to address that. Ressi has done just that. The value proposition offered by this company cannot be found anywhere else, offering first hand training on how to specifically make your dream a reality.
http://boss.blogs.nytimes.com/2013/11/13/is-this-the-way-to-teach-entrepreneurship/