Learn How to Fail (For Kania School of Management)

An open discussion that takes an honest look at the state of education, start-ups, entrepreneurship and what it really takes to succeed.

"The unfortunate truth is that from kindergarten through undergraduate and grad school, you learn very few skills or attitudes that would ever help you start a business. Skills like sales, networking, creativity and comfort with failure. In this new economy, you simply can't afford not to possess those skills."

• Taking control of your education
• Developing networking skills that get results
• Why failing is critical to your success
• Be as good as advertised
• Ethics: Being a good person actually matters

Transcript

1. LEARN HOW Do More With Your Degree Than Just Hang It Up TO FAIL Presented by Ced Funches February 17th, 2012 The University of Scranton
2. What does it take to be a truly great entrepreneur? Introduction
8. Reality check about... Your Education
9. It’s solely your responsibility. Period. Take control of your education
10. No one is going to give you something that you don’t ask for. Take control of your education
11. Your professor’s already have theirs. Take control of your education
12. NOBODY in this world really cares.
13. The next time you get handed a syllabus.
14. TEAR IT UP Trust me, they will love it.
16. They will try to get in your head.
17. The goal is to ignore the noise and learn what you need to become successful. Take control of your education
18. HOW... did you do that?
19. “get your job... get tenured... or how did you start your own company?” Take control of your education
20. TEACH... me how to do it better?
21. “A University setting is the perfect place to learn how the real business world works....” Take control of your education
24. Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled. Howard Stevenson, Harvard Business School
25. “I always have a plan, even when I really don’t have a plan.” Personal Motto
27. storytelling
28. The power of storytelling is very real. It can make the impossible seem easy. The Universal Language
29. “The most fundamental job for entrepreneurs is convincing others to believe in something that doesn’t exist.” Alex Bard, Founder of Assistly.com
31. $50M Last year Salesforce bought Alex’s company.
32. 35 sec. that’s about all the time Alex needed.
33. The better you are at telling your story the more inspired people will be to share your story.... The Universal Language
34. and your legend will grow... The Universal Language
35. Grow your network legend like... Jack Bauer
37. “The only reason that you're conscious right now is because I don't want to carry you!” Jack Bauer
39. “Sorry to disturb you Mr. President, is this line secure?” Jack Bauer
40. “No matter the situation, having a great network can be a lifesaver.” Trent Walton, Partner at Paravel Inc.
42. imagine access to the President...
45. 00:52 response from the Founder of Threadless
46. $20M 2012 Expected Gross Revenue
48. 250+ minimum size of an effective network
49. Use Twitter to build some serious social capital. Developing networking skills that get results
50. Social capital is the most important tool for accessing the full range of critical resources necessary for entrepreneurs. Developing networking skills that get results
51. Twitter is the ideal tool for new entrepreneurs.
53. is the ideal tool for all entrepreneurs.
54. 1. Shared Knowledge Developing networking skills that get results
55. 2. More Opportunities Developing networking skills that get results
56. 3. Connections Developing networking skills that get results
57. DO YOU... know everyone in your graduating class?
59. As you build your network always think about what YOU can do to help them in return. Benefits of Networking
60. Ok, all together now... No More Excuses
61. “My biggest fear is that I will graduate and not be able to find a job in this terrible economy.” Graduate student at Boston University
62. “Wall Street gets bailed out and the rest of us are left holding the bag...” Undergraduate student at UMass
63. Excuses are very lame in real life.
65. “My bank accounts have nothing to do with the President of the United States, or his policy.” Warren Buffet
66. “Take that you 99%ers!!” - E. Montgomery Burns
67. 1% those greedy, selfish, arrogant bastards!
69. 100 Billion Facebook’s expected IPO in May 2012.
70. Capitalism: God’s way of determining who is smart and who is poor. -Swanson Pyramid of Greatness
71. Fair? Not really. True? Kind-of.
75. Track and field gave you your first taste of the awesome agony of defeat. Learning to fail
76. The truth is...you spend much of your education learning how not to fail. Learning to fail
78. Being average is reinforced from a very young age...even rewarded. Parenting Online
79. honestly..... we are to blame.
80. “We praise and worship individuals who lack any talent at all.” Parenting Online
82. FAILURE is shocking,heartbreaking, and necessary.
83. Failure helps us learn new skills, motivates us not to depend on luck or charm. Learning to fail
84. Luck is probability taken personally. Penn F. Jillette
86. Steve Jobs was an amazing leader, but he didn’t invent the iPhone. Macworld
87. Jon Ive Apple Head of Design
88. You need to be okay with failing, in fact, try your best to excel at it. Inc. Magazine
89. Technology has evolved and thus the economy has shifted. Inc. Magazine
91. The world has changed. Inc. Magazine
92. And you are the only one to blame if you don’t have what it takes to change with it. Inc. Magazine
93. Because today's entrepreneurs do more than just start businesses. Inc. Magazine
95. They are making the change we seek. Inc. Magazine
96. The world is counting on you to... Be great. Do good.
97. Who you are as a person truly matters as an entrepreneur. Be Good. Do Great
98. Jack Abramoff
99. “I can only hope that God forgives me for all of the people I have wronged.” Jack Abramoff
100. ETHICS should be at the fiber of your purpose.
101. Whether you are for-profit or a fledgling non-profit. Honesty truly matters to your consumers. Be Good. Do Great
102. Am I an honest person? Be Good. Do Great
103. Anybody can stand up for something. Be Good. Do Great
108. LOVE sold in it’s natural form always trumps impulse.
111. Over 1 million hits in one week.
113. Little did I know that their main supporter was..... Be Good. Do Great
114. This guy.
116. WOW. Be Good. Do Great
117. One small idea lead to an amazing and rewarding year-long journey. Be Good. Do Great
118. What comes next? Be Good. Do Great
120. Thanks You can download this presentation online at http://bit.ly/zCJIuX
121. my personal entrepreneur toolkit Basecamp • desk.com • Skype • Highrise • Twitter