How Colleges Can Rescue Student Entrepreneurs From the Bullshit

steve blank.PNG

Since I revamped Brown University’s startup accelerator, I’ve had the honor to teach three batches of teams, which have taught me the major problems facing college entrepreneurs.

1. Focusing on the Wrong Things

I talk to a lot of students that want to build a business, but not many of those seem to prioritize progress. They want to incorporate. They want to write a business plan. They want to attend a major conference at Stanford. They want to prepare for a pitch competition. They want to “network.” They want stay in their dorms until the product is “perfect.”

None of these actually grow the company. They’re fancy forms of procrastination. As Tim Ferris said, “It’s not how much time you spend on something, it’s what you spend...

Continue reading