ENTP205: Ready, Set, FailTerm: Spring 2017InstructorLarissa C. Milne, EMBA ‘06Founder & Publisher, M: 347-654-0445[email protected]Office Hours: Monday, 2:00-3:50pm (other times by appointment) Pearlstein 402Required TextsJessica Livingston. Founder’s At Work. ISBN 978-1590597149Lucas Carlson. Finding Success In Failure: True Confessions From 10 Years of Startup Mistakes; ISBN 978-0996045223.Required Articles and VideosVarious articles, web links and video links will be provided throughout the term. All content availablevia the links indicated below and will be uploaded to Drexel Learn. See Course Schedule below for further details. Course DescriptionAlthough many students profess a desire to become entrepreneurs, they are often not ready for the risk that comes with owning a business. Risk-taking requires a real understanding of failure. Those who do not comprehend the downside of a decision – which can include failure – tend to take unnecessary risks.Because entrepreneurs often base their strategies on assumptions about an unknown future, the more ambitious of them hope their guesses will be right – or that they can somehow adapt to the turbulence that will arise. On the other side, some entrepreneurs shy away from the bold commitments that success seems to demand, choosing instead timid, unremarkable strategies, sacrificing any chance at greatness for a better chance at mere survival.This course will define failure, analyze the causes of it, and present students with a framework they can use to help them be better prepared for learning from failure in order to drive future success. Learning ObjectivesUpon completion of this course, students should understand:How to analyze and predict risks associated with a start-upUnderstand the range of causes of failureIdentify symptoms of failure1
Recognize the key points in the life cycle of a startup when survival is likely to be at riskLeveraging failure for successHow investors consider risk when making investment decisionsBe aware of the main legal considerations of failureKnowing when to stopDrexel Strategic Learning PrioritiesStudents graduating from Drexel University demonstrate competency in a field of study evidenced by achievement of a set of program-specific learning outcomes. In addition, they also demonstrate meaningful progress in six core intellectual and practical skill areas (communication; creative and critical thinking; ethicalreasoning; information literacy; self-directed learning; technology use) and five experiential and applied learning areas (global competence; leadership; professional practice; research, scholarship, and creative expression; responsible citizenship) . Learning in these core areas supports, and is integrated with, learning in their disciplines. Students exhibit levels of competency in each of these areas appropriate to their program of study, their individual interests, and their abilities. The Drexel Student Learning Priorities provide the framework for a broad education across
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- Spring '17
- Larissa Milne