I’ve been looking for this video. Watched it 8years or so ago and it was transformative. Loved how they address diversity and strengths and how to leverage both in business and partnerships.
I am focussing on my strengths. Weaknesses always gets compensated by your team members, because of their strengths! So team building means combining orthogonal strengths by many different backgrounds of each team member ...
What if empathetic listening is a weakness and you want to lead a team? Or you aren't great at Sales so you don't have an idea of what to look for when you're hiring a Sales lead? You don't have to turn a weakness into a strength but if you completely neglect them your small weaknesses are going to become big ones.
Interesting. I think it's so true what they're saying about the importance of sales! To this day, sales is underestimated by business schools. Whether you're going to be an accountant, marketer, etc. You should be an effective salesperson!
A personal finance class should be required for any non-business majors. Colleges don't teach how to balance a checkbook because that is an antiquated thing best left to high school education.
This is a fantastic discussion and unlike most panels. It comes straight at you and i kept saying yes, thats so true. Great talk by great entrepreneurs ...
Being your own boss is not for everyone. It’s way harder than having a regular 9-5 it’s very rewarding but trust me it’s not as easy as people make it seem
Don’t be afraid to go to sales. It’s a basics! Go there where you are not the best, where people tell you how stupid you are)) that’s where your growth in
CEO entrepren. David Cassidy,(Harvard), Nazila Alasti, (Stanford), Will Price (Northwestern U mba). Main points: What led them to decide to follow an entrepreneurial path. What was the biggest surprise once you jumped in. Lessons learned - what are the 1 or 2 key lessons that have been important to your success or learned from lack of success (failures). How and where did you learn these one or two key lessons. How did or didn't business school prepare you, that has been of great importance.
@BigGunsBates yes, because Stanford bussiness model is not just to go to DC and get government funding, but also to help start startup companies. Companies like Google, Yahoo, Intel and Apple, Rambus, and many more sarted by Stanford students, almuni. and VCs are all next door, you may have lunch with them.
Excellent video. There exists one glaring omission in the route to entrepreneurial success: LUCK. For every successful venture, a dozen or more lie in its wake. And one piece of advice for future MBAs: if you want to learn to be an entrepreneur, skip school altogether and start a company. You'll learn more by investing your precious time and money into setting it up, growing it, scaling it, and selling it. MBA programs seem to do little more than polishing future consultants or bankers.
I will no pick the presentation apart as it seems that many others have. I think this is a very interesting topic and the content was amazing, thanks for posting this. - Nick
Great lecture and it really does not matter from which field you are coming to become Entrepreneur plus you have to start from somewhere sitting at home and thinking that what if i loss mean you have loos take the action and go for it......
I am from the school of hard knocks. I am graduating from a community college and I come from one of the most impoverished places in the United States; South Dakota. From what these entrepreneurs have explained the job of a CEO is to "sell and raise money". I would argue that that these Graduate programs of Business are insufficient. How can an elite academy be effective in coaching economic development on the Cheyenne River Sioux Tribe?
Not all strategies and marketing secrets are taught in school even by successful businessmen. It is like, their secret recipe they only keep within themselves. Most of them only provide a generic answer that even you knows about it although some of them were also able to provide helpful insights.
You need to look again at your finance course concerning leverage. Bank are not in debt because they don't teach in schools how to balance checkbook... Leverage (and thus very high ration D/E) : you amplify your gain with a minimum amount of capital which is one of the main idea of leverage.
17.30: Sunday Afternoon at 9`clock Question: i can not believe the weekend is over :Wrong Answer! , and next 18:15 - Small Team with high moral! : for start up!
Q: How do I get a chance to develop sales skills? A: Go work for a door to door sales company for the summer. Door to door sales is absolutely the toughest sale there is and you will learn more in one summer than in a bunch of seminars and classes. (If you say, "I can't do that" then the reality is that you have the opportunity but don't want to take it.") Door to
Another thing they don’t teach in schools is how to balance a checkbook.That’s why many people are in such debt and deep financial troubles, working in all practical terms at enriching the bankers instead of themselves. Instant gratuity doesn’t work. That’s the reason we are in such a fine economic and financial mess.One cannot spend more than one creates,otherwise you get in financed debt which bankers love, it’s their cake and they eat a lot of it, and for you mortals you get only the crumbs.
There is a degree of LUCK when an entrepreneur is successful; however, those cases are far and few between. People who don't succeed are more likely to blame the lack of luck than the fact their plan was not good enough. Let's face it, just because one wants to be successful does not make it so. Having the correct focus, work ethic AND product or service is an absolute key in being successful. Luck is overrated and a cop out for those who simply don't have what it takes to be a success.
It seems like a lot of business school folks end up working for corporations instead of spiking out and starting their own companies... at least that's what I've seen.
I'd say they don't teach how to build rapport with others, utlizing your own unique personality in an effective way.... I"d say lastly how to cultivate a healthy relationship with emotions to enjoy the process vs. hustle grind and hate life.
I remember once Tony Bennette was interviewed about his secret of success and he was like "Lady Gaga". Think about it, Lady Gaga has her "power" of being a successful young woman; therefore, she might be someone that business schools need to study on.
55:00 - Heh. I have almost the same experience. We get together for meetings. But the problem is that it's to get the subordinates to do something while the managers kick back. I have little respect for managers at my previous company. The subordinates do almost everything while the managers pinpoint what's wrong AFTER an incident's occurred. Then they push the blame to the subordinates because....well, it's the peons who did all the work! "I didn't do it! Blame the one who did the job!"
I thought he was a Yalie. Doesn’t matter where you went if you spent it sitting in your butt drinking beer and knew your Daddy would always bail you out.
When she spoke later to the women about how entrepreneurship was compatible with being a mother, it was really just an excuse to try and flog them some Farley's Rusks.
Please, make a suggestion on how to stop borrowing money...... You can't because it's an inevitable part of our current monetary system. With no debt, there is no money. Interest guarantees that debts cannot be paid off in full because there is never enough money in supply to fill the demand. I suppose we could change from a monetary system to a resource based economy, but that wouldn't serve the ones with money like our current system does so that's unlikely to happen.
He's put off by the guy in the striped blue shirt. It seemed he felt undermined by the suggestion that he was only successful by default because he started at the dawn of the internet age.
I think the best Harvard stanford kind of things gives you exposure and network of world class people which in the world is very very rare to get access.
Oh yeaaah, gotta get all these numbers called monnies so i can grow as a part of a system that is internally the same size, lets not go and explore space, lets explore the "economy"
Introduce myself I'm Arif Khan harry im software engineer and website development and software development and students funding United States and investors and members of the United States
Because they are good at persuasion? as the real genius behind the dot com bubbles are the one that created the tech giants such as Gates, Allen-Microsoft, Ellison-Oracle, Dell-Dell computer, and many others that paid ridiculous amount of money on these companies that to them, mean nothing.
A few topics that the panel mentioned is covered in a valuable book titled, The Start-Up Owners Manual. I recommend all entrepreneurs read it
Thx
Tnx
9
To me it sucked not as good as you said it is,sorry .
@@asdf-jo4vv ni
I’ve been looking for this video. Watched it 8years or so ago and it was transformative. Loved how they address diversity and strengths and how to leverage both in business and partnerships.
I am focussing on my strengths. Weaknesses always gets compensated by your team members, because of their strengths! So team building means combining orthogonal strengths by many different backgrounds of each team member ...
What if empathetic listening is a weakness and you want to lead a team? Or you aren't great at Sales so you don't have an idea of what to look for when you're hiring a Sales lead?
You don't have to turn a weakness into a strength but if you completely neglect them your small weaknesses are going to become big ones.
Interesting. I think it's so true what they're saying about the importance of sales! To this day, sales is underestimated by business schools. Whether you're going to be an accountant, marketer, etc. You should be an effective salesperson!
These are some of the best people at what they do. Kudos for sharing this GBS. I am wondering what they might be doing now in 2021.
Yeah that the internet was new any Business in internet was booming as it has first mover advantage now ai has same capabilities.
A personal finance class should be required for any non-business majors. Colleges don't teach how to balance a checkbook because that is an antiquated thing best left to high school education.
This is a fantastic discussion and unlike most panels. It comes straight at you and i kept saying yes, thats so true. Great talk by great entrepreneurs ...
Being your own boss is not for everyone. It’s way harder than having a regular 9-5 it’s very rewarding but trust me it’s not as easy as people make it seem
Don’t be afraid to go to sales. It’s a basics! Go there where you are not the best, where people tell you how stupid you are)) that’s where your growth in
This is well worth watching the entire video. Bit long for an entrepreneur to watch since most of us are so busy. But it's been worth the time.
Listening to this in 2023. Finally an entrepreneur speaking about her mompreneur journey
Such an under-rated talk.
Yeah, right? I am fascinated with the tips! 👌🏻
I thought this was going to be a BS video. I was wrong, it is awesome. Some really great nuggets from all three guests on the panel.
The message from this video is so excellent, I admire them and Stanford
CEO entrepren. David Cassidy,(Harvard), Nazila Alasti, (Stanford), Will Price (Northwestern U mba). Main points: What led them to decide to follow an entrepreneurial path. What was the biggest surprise once you jumped in. Lessons learned - what are the 1 or 2 key lessons that have been important to your success or learned from lack of success (failures). How and where did you learn these one or two key lessons. How did or didn't business school prepare you, that has been of great importance.
All three had unique presentation style...most valuable session
@BigGunsBates
yes, because Stanford bussiness model is not just to go to DC and get government funding, but also to help start startup companies. Companies like Google, Yahoo, Intel and Apple, Rambus, and many more sarted by Stanford students, almuni. and VCs are all next door, you may have lunch with them.
Excellent video. There exists one glaring omission in the route to entrepreneurial success: LUCK. For every successful venture, a dozen or more lie in its wake. And one piece of advice for future MBAs: if you want to learn to be an entrepreneur, skip school altogether and start a company. You'll learn more by investing your precious time and money into setting it up, growing it, scaling it, and selling it. MBA programs seem to do little more than polishing future consultants or bankers.
Pretty much !
Excellent advice and really appreciate you putting this online. Thank you!
Yes, wish these were seen by more folks so we could have a real education in this country ..
I will no pick the presentation apart as it seems that many others have. I think this is a very interesting topic and the content was amazing, thanks for posting this.
- Nick
Great lecture and it really does not matter from which field you are coming to become Entrepreneur plus you have to start from somewhere sitting at home and thinking that what if i loss mean you have loos take the action and go for it......
I am from the school of hard knocks. I am graduating from a community college and I come from one of the most impoverished places in the United States; South Dakota. From what these entrepreneurs have explained the job of a CEO is to "sell and raise money". I would argue that that these Graduate programs of Business are insufficient. How can an elite academy be effective in coaching economic development on the Cheyenne River Sioux Tribe?
Not all strategies and marketing secrets are taught in school even by successful businessmen. It is like, their secret recipe they only keep within themselves. Most of them only provide a generic answer that even you knows about it although some of them were also able to provide helpful insights.
I am very happy to find this page I have been missing it
awesome panelist!!! a lot of great ideas and lessons that apply to a broad range of disciplines
I just can’t express how much I really like those two entrepreneurs 30:35
These can be fertile in valuable lessons, thanks for providing them.
Thank you Stanford for this video ❤😊 I am study Stanford 🎓
Precious information presented in a very good way here. Thank you for sharing.
-
Thank you for sharing your experiences and encouraging others...
I like that he mentioned Nick Saban and Alabama. great vid. Roll Tide.
Learn where you’re weak in 💯🙌🏼✨
Right bitoflife
You need to look again at your finance course concerning leverage. Bank are not in debt because they don't teach in schools how to balance checkbook... Leverage (and thus very high ration D/E) : you amplify your gain with a minimum amount of capital which is one of the main idea of leverage.
These guys represented the "missed" of acquisitions.
17.30: Sunday Afternoon at 9`clock Question: i can not believe the weekend is over :Wrong Answer! , and next 18:15 - Small Team with high moral! : for start up!
Thank you stanford for this video❤😊
Mike was ahead of his time !
Wouldn't have expected someone to wear an England Umbro shirt to an event like this!
THIS IS ENGLAND!
This is Stanford.
Q: How do I get a chance to develop sales skills?
A: Go work for a door to door sales company for the summer. Door to door sales is absolutely the toughest sale there is and you will learn more in one summer than in a bunch of seminars and classes. (If you say, "I can't do that" then the reality is that you have the opportunity but don't want to take it.") Door to
Another thing they don’t teach in schools is how to balance a checkbook.That’s why many people are in such debt and deep financial troubles, working in all practical terms at enriching the bankers instead of themselves. Instant gratuity doesn’t work. That’s the reason we are in such a fine economic and financial mess.One cannot spend more than one creates,otherwise you get in financed debt which bankers love, it’s their cake and they eat a lot of it, and for you mortals you get only the crumbs.
There is a degree of LUCK when an entrepreneur is successful; however, those cases are far and few between. People who don't succeed are more likely to blame the lack of luck than the fact their plan was not good enough. Let's face it, just because one wants to be successful does not make it so. Having the correct focus, work ethic AND product or service is an absolute key in being successful. Luck is overrated and a cop out for those who simply don't have what it takes to be a success.
@EcstasyW I could not agree more. Invaluable information right here.
It seems like a lot of business school folks end up working for corporations instead of spiking out and starting their own companies... at least that's what I've seen.
15000$ per month or uncertain massive wealth ahead is the choice they face
This is awesome!
I'd say they don't teach how to build rapport with others, utlizing your own unique personality in an effective way.... I"d say lastly how to cultivate a healthy relationship with emotions to enjoy the process vs. hustle grind and hate life.
I remember once Tony Bennette was interviewed about his secret of success and he was like "Lady Gaga". Think about it, Lady Gaga has her "power" of being a successful young woman; therefore, she might be someone that business schools need to study on.
Thanks for valuable insights..
basically what they don't teach is EXPERIENCE.
Probably that's tacit knowledge which cannot be taught. Should be gained only by experience.
Great Video Thank You
Oh we went from 1500 to 15 million in 3 years......yeah let's just call that lucky and move on???...How about talk to us about those specifics
Right that was bubble and he was lucky get out right time from that bubble
Yeah!!!!!
a school is a good business to start im sure they woudln't like that. But they would discuss any other kind of business you would want to start.
Thank you!
Couldn't have said it any better.
Thumps up for uploading this video.
55:00 - Heh. I have almost the same experience. We get together for meetings. But the problem is that it's to get the subordinates to do something while the managers kick back.
I have little respect for managers at my previous company. The subordinates do almost everything while the managers pinpoint what's wrong AFTER an incident's occurred. Then they push the blame to the subordinates because....well, it's the peons who did all the work!
"I didn't do it! Blame the one who did the job!"
@EcstasyW stuff like this is for not the many.
Thank you so much.
What is Mike's last name? He has totally inspired me. Thanks Mike!
Apparently they also don’t teach you how to operate a toaster oven
i don't know why all these speakers focus on companies they have sold?
i wish i've watched this few years ago, where was i ?
being a loser
thanks for this.
I WANT TO TALK TO HER REGARDING KIDS AND BUSINESS
Remember Bush Jr. was also a Harvard MBA!
I thought he was a Yalie. Doesn’t matter where you went if you spent it sitting in your butt drinking beer and knew your Daddy would always bail you out.
When she spoke later to the women about how entrepreneurship was compatible with being a mother, it was really just an excuse to try and flog them some Farley's Rusks.
@19:40 Note to self watch this
this is great
it'd probably be a tough negotiation first
For the same reason you should'nt, because people like to hear themselves "TALK"
Please, make a suggestion on how to stop borrowing money...... You can't because it's an inevitable part of our current monetary system. With no debt, there is no money. Interest guarantees that debts cannot be paid off in full because there is never enough money in supply to fill the demand. I suppose we could change from a monetary system to a resource based economy, but that wouldn't serve the ones with money like our current system does so that's unlikely to happen.
No body mentioned what problem their start-up solves 🙄
Schools just don't teach the common sense stuff in business school and the dedication you have to put towards your business to make it work.
Summary please!
Excellent
He's put off by the guy in the striped blue shirt. It seemed he felt undermined by the suggestion that he was only successful by default because he started at the dawn of the internet age.
$1500 investment sold for 13M after a few years..?
it's not what you know. it's who you know. that's what going to harvard gets you.
I think the best Harvard stanford kind of things gives you exposure and network of world class people which in the world is very very rare to get access.
Thanks Stanford for posting this. They are all from Harvard! The dreaded East Coast. lol
Hey so are you an avid listener/learner? Then tell me what the main points of this video...you may get a job with Stanford.
No. I'm not joking. HBS and YBS can't compensate for Stanford, with Silicon Valley next door.
Lol so can I get into stanford business school? I sold 100$ worth of goods in a 2 days time :)
Profound!
You think someone who's running companies worth millions of dollars should be warm, loveable, gentle, compassionate person?
Dude just say your age wtf
33:30
That guy not wanting to say his age was a little ridiculous.
Its sad isn't it? Or on the plus side.... we are the winners gaining valuable knowledge while the others continue with distractions.
tom Brady my facial luck y aint on air
Martinez George Allen William Harris Cynthia
Oh yeaaah, gotta get all these numbers called monnies so i can grow as a part of a system that is internally the same size, lets not go and explore space, lets explore the "economy"
spoke a lot and said nothing. sorry.
Sorry but what do you mean buddy?🙂
@@rockefroth4770 Its just self-evident things made special, thats all. Provocative title to get clicks
12:50
Harvard? I'm no Harvard. What are the chances of nobody succeeding in business
Introduce myself I'm Arif Khan harry im software engineer and website development and software development and students funding United States and investors and members of the United States
Anyone from 2024
Help me in making ma an entrepreneurs
Young Elizabeth Jackson Brian Allen Patricia
Because they are good at persuasion? as the real genius behind the dot com bubbles are the one that created the tech giants such as Gates, Allen-Microsoft, Ellison-Oracle, Dell-Dell computer, and many others that paid ridiculous amount of money on these companies that to them, mean nothing.
Widgetbox is difunct!
wow!