1 / 33

Principled Entrepreneurship Pathway

Principled Entrepreneurship Pathway. Dr. Russell S. Sobel, Ph.D. Professor of Economics & Entrepreneurship. About Me. I’m a Charleston Native and my father was the voice of The Citadel Bulldogs Ph.D. from Florida State University. About Me.

frizzell
Download Presentation

Principled Entrepreneurship Pathway

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Principled EntrepreneurshipPathway Dr. Russell S. Sobel, Ph.D. Professor of Economics & Entrepreneurship

  2. About Me I’m a Charleston Native and my father was the voice of The Citadel Bulldogs Ph.D. from Florida State University

  3. About Me Created and ran an Entrepreneurship Center at previous university Business Incubator Student Business Plan Competition

  4. About Me Joined faculty at The Citadel in Fall 2012 Main Research Area is in Entrepreneurship • I write books/articles about how government policies impact entrepreneurship

  5. About Me Founder and Coordinator of the ‘Principled Entrepreneurship Pathway’ Helped start the ‘Bulldog Business Bowl’ business plan competition

  6. What is Entrepreneurship? The pathway in entrepreneurship isn’t just for those wanting to start their own business! Entrepreneurship also happens within existing businesses & organizations (“Intrapreneurship”) Entrepreneurship is about innovation • About recognizing opportunities and acting on them - Entrepreneurs are agents of change

  7. Examples: Academic Entrepreneurship • Academic Entrepreneurship (people who create new programs or centers within existing colleges/universities)

  8. Examples: Academic Entrepreneurship

  9. Examples: Military Entrepreneurship Military Entrepreneurship (people who innovate on the battlefield in both strategy and technology)

  10. Examples: Military Entrepreneurship To This: From This:

  11. Examples: Social Entrepreneurship Social Entrepreneurship (people who innovate in the nonprofit sector)

  12. Examples: Social Entrepreneurship Shanon Marcus McAlister

  13. Examples: Political / Legal Entrepreneurship Political / Legal Entrepreneurship (people who discover new ways of undertaking politics or court legal proceedings)

  14. Examples: Political Entrepreneurship Gerrymandering – Gov. Elbridge Gerry (1812) Illinois NC

  15. Examples: Market Entrepreneurship Market Intrapreneurship & Entrepreneurship (people who innovate within an existing for-profit company or business or who create a new business)

  16. Examples: Market Intraprepreneurship Post-It Notes: • Chemists at 3M trying to invent a “super-strong” adhesive accidently invent a “low-tack”, reusable, pressure sensitive adhesive • The yellow color was chosen by accident; a lab next-door to the Post-it team had scrap yellow paper, which the team initially used

  17. Examples: Market Entrepreneurship Chad Walldorf

  18. Examples: Market Entrepreneurship John LaVerne (Citadel Class of 1991) Bulldog Tours (opened 2001) is now the largest tour company in Charleston and has won “best tour company” three years in a row (offers discounts to cadets in uniform)

  19. Examples: Market Entrepreneurship Percent of homes with Air Conditioning: 1956 = 6% 2016 = 91%

  20. Examples: Market Entrepreneurship The Jacuzzi

  21. Our Phones

  22. Our Entertainment

  23. Our Science

  24. Our Computers MacBook Air Least expensive-11-inch, 64GB, $999.00 Most expensive- 13-inch, 256GB, $1,599.00

  25. Our Video Games

  26. From Pong to Rock Band

  27. The “Rock Pedal” Jordan Ellington

  28. Our Medicine U.S. Life Expectancy has risen from 48 in 1900 to 76 today

  29. Our Music

  30. Entrepreneurship is about believing in yourself and your idea even if nobody else does! Fred Smith’s (FedEx) Yale University Senior Project Grade Remark: • "The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible."

  31. Would you have invested? Microsoft Corporation 1978

  32. Experimentation & Creative Destruction

  33. Thank You / Q&A Dr. Russell S. Sobel, Ph.D.

More Related