AmiSight 1/7: Are Entrepreneurs Born — or Built?
- Ami Kassar
- 2 days ago
- 1 min read
Entrepreneurs are made, not born, according to leaders at the MIT Sloan School of Management. That’s why they have created a program to teach people of all backgrounds and abilities the ins and outs of entrepreneurship.
Inc.com reports that MIT Sloan teaches startup fundamentals through its Disciplined Entrepreneurship program, a 24-step framework which encapsulates lessons the serial entrepreneur learned the hard way.
While building a business gets easier with practice, there are a few core lessons the program has passed on to entrepreneurs:
Before you can begin disciplined entrepreneurship, you need an in-depth understanding of the problem you’re solving.Â
Regardless of industry, first principles are universal: Define your customer, determine the problem you’re solving, figure out how people will acquire your product, build the product exceptionally well, then scale with gusto.
Know your reason for existence: most successful companies focus on impact. Entrepreneurs have to be obsessive, not just passionate, about what they’re doing.
