{"id":495,"date":"2012-03-16T16:06:33","date_gmt":"2012-03-16T20:06:33","guid":{"rendered":"https:\/\/www.duck9.com\/?p=495"},"modified":"2014-09-30T23:00:08","modified_gmt":"2014-10-01T03:00:08","slug":"entrepreneurship-education-for-engineers-who-dont-want-to-be-entrepreneurs-at-mit","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/entrepreneurship-education-for-engineers-who-dont-want-to-be-entrepreneurs-at-mit\/","title":{"rendered":"Entrepreneurship Education for Engineers Who Don\u2019t Want to Be Entrepreneurs at MIT"},"content":{"rendered":"<p>Larry Chiang crashed a school and became a VIP. He took business school classes before he graduated engineering school. He now teaches at Stanford Engineering on &#8220;technology entrepreneurship&#8221;. It is also the focus of his Bloomberg BusinessWeek channel <a href=\"https:\/\/ireport.cnn.com\/people\/larrychiang\" target=\"_blank\">\u201cWhat They Don\u2019t Teach You at Business School\u201d<\/a>. He loves being street smart. After Chiang\u2019s Harvard Law keynote, Harvard Business wrote: \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2011\/04\/25\/what-they-don%E2%80%99t-teach-you-at-stanford-business-school-at-harvard\/\" target=\"_blank\">What They Don\u2019t Teach You at Stanford Business School<\/a>\u201c (it&#8217;s the same title as his NY Times bestseller). He is Entrepreneur in Residence at Stanford University. If you read his hilariously awesome \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2009\/12\/11\/what-a-supermodel-can-teach-a-stanford-mba\/\" target=\"_blank\">What a Supermodel Can Teach a Stanford MBA<\/a>\u201d and \u201c<a href=\"https:\/\/gigaom.com\/2008\/02\/21\/howtoworktheroom\/\" target=\"_blank\">How to Get Man-Charm<\/a>\u201d, you will like his latest post even more that you loved the <a title=\"Duck9 rebate\" href=\"https:\/\/www.duck9.com\/rebate\/\" target=\"_blank\">Duck9 rebate<\/a>:<\/p>\n<p>Entrepreneur Education for Engineers Who Do NOT Want to Be Founders.<\/p>\n<table width=\"100\" cellpadding=\"20\" align=\"left\">\n<tbody>\n<tr>\n<td width=\"100\"><a href=\"https:\/\/www.whattheydontteachyouatstanfordbusinessschool.com\/\"><img loading=\"lazy\" decoding=\"async\" title=\"cropped-head-shot1\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2011\/05\/cropped-head-shot1.jpg\" alt=\"\" width=\"96\" height=\"96\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>By Larry Chiang<\/p>\n<p>Entrepreneurship as a career is rocky.<\/p>\n<p>Entrepreneurial skills are unquestionable extremely valuable.<\/p>\n<p>Let&#8217;s explore &#8220;Entrepreneurship Education for Engineers Who Don&#8217;t Want to Be Entrepreneurs at MIT&#8221;<\/p>\n<p>Currently, entrepreneurship is overly influenced by VC. VCs need a whale like Zynga, facebook or Duck9. This thwarts your entrepreneurship education. Your engineering entrepreneurship education should be octagonally faceted.<\/p>\n<p>#1 of 8) Be entrepreneurial in your internship search<\/p>\n<p>I had a theory that led to my teaching at Stanford. Teaching in the engineering school, not the business school. My theory is that once you enter Stanford you should plan for &#8220;<a title=\"Get 3 legendary internships\" href=\"https:\/\/bases.stanford.edu\/events\/larrychiang\" target=\"_blank\">Three Legendary Internships In a Row<\/a>&#8220;.<\/p>\n<p>#2 of 8) HiLarryAss Entrepreneurship Skills<\/p>\n<p>Have you seen pop up stores in NYC.<\/p>\n<p>It&#8217;s a temp store that sells something fashionable or does a trunk show. Key to it is that its temporary.<\/p>\n<p>Execute a pop up lemonade stand business<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"\/\/www.youtube.com\/embed\/fODbVTZhwVQ\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n#3 of 8) Host something<\/p>\n<p>It is very entrepreneurial to host something. Starting up a party is 95% similar to starting up a company. Do I want you to be at risk financially or emotionally?!<\/p>\n<p>No risk<\/p>\n<p>Execute a MVP.<\/p>\n<p>#4 of 8) Engineer out all the risk<\/p>\n<p>Have you seen the MIT movie about engineers in Las Vegas called &#8216;Bringing Down the House&#8217;?!<\/p>\n<p>That&#8217;s what I teach.<\/p>\n<p>Engineer out the risk.<\/p>\n<p>People think I took massive risks starting a company, hosting events at the Oscars, starting a venture fund. I did not take any risk. I made the market take the risk. I made the system take the risk.<\/p>\n<p>#5 of 8) Dabble in entrepreneurship<\/p>\n<p>Start a joke business.<\/p>\n<p>I call these businesses lemonade stand businesses. There&#8217;re a complete joke. People will laugh at you and with you.<\/p>\n<p>For example&#8230;<\/p>\n<p>If you don&#8217;t currently have the creativity of starting a Larry Chiang Lemonade Stand Business from scratch, Use these&#8230;<\/p>\n<p>#6 of 8) Leverage an existing Larry Chiang franchise<\/p>\n<p>By franchise I don&#8217;t mean a Subway sandwich shop where you pay $300k for an 80 hour a week 80k j.o.b.<\/p>\n<p>I mean a Larry Chiang franchise.<\/p>\n<p>My franchise are all 100% affiliate revenue share (ie u keep all of it), no rights reserved, no copyright protection. My NY Times best seller isn&#8217;t copyright protected either.<\/p>\n<p>What are my franchises??!<\/p>\n<p>#7 of 8) Leverage an existing parade<\/p>\n<p>Starting a parade is risky.<\/p>\n<p>Pattern recognizing an existing parade takes a whack out of risk. Pattern replicate and pattern iterate these Larry Chiang franchises. I pattern recognized franchise risk minimization and pattern replicated them into my Engineering 145 class for students to pattern iterate.<\/p>\n<p>My franchises are I&#8217;m my tumbler Tumblr feed. And Facebook fan page&#8217;s wall. $0.oo subscription fee required. Light google-ing skills a moist \ud83d\ude42<\/p>\n<p>Err a must. Light googling skills are a MUST<\/p>\n<p>#8 of 8)Reclaim your youth<\/p>\n<p>You are a 19 y.o. junior and you spent your youth getting into MIT.<\/p>\n<p>Kids play in parks, go on family vacations all summer, work part time jobs and start lemonade stands. You and your parents did MIT prep work every living breathing moment.<\/p>\n<p>I can&#8217;t take you to the park but I can take you on Geek Spring Break with me to SXSW in 2013.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/USXtM74BOMA\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larry Chiang crashed a school and became a VIP. He took business school classes before he graduated engineering school. He now teaches at Stanford Engineering on &#8220;technology entrepreneurship&#8221;. It is also the focus of his Bloomberg BusinessWeek channel \u201cWhat They Don\u2019t Teach You at Business School\u201d. He loves being street smart. After Chiang\u2019s Harvard Law [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-495","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=495"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/495\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}