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Michael Seibel

06/22/17

@ Y Combinator

Students should be aware that not all entrepreneurship programs are designed to support their success, as some may accept teams that don't meet foundational requirements.

Video

How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel

@ Y Combinator

How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel

06/22/17

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The Teal Fellowship demonstrates that traditional university systems may not be selecting the best candidates for entrepreneurship, as it focuses on self-motivation and energy.

Jeremy Rossmann

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Many students express a desire to become entrepreneurs, but they often lack the real-world experience necessary to identify and solve significant problems.

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Many founders fail to recognize that most startups, including their competitors, are likely to struggle, and that the common outcome is that many will not succeed.

Daniel Priestley

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Entrepreneurship is a team sport, and successful businesses rely on collaborative efforts rather than just individual founders.

Harj Taggar

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Your past success in school or work does not guarantee success as a startup founder, as the challenges of startups are unique and require different skills.

Jeff Bussgang

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Business schools tend to be expensive and often fail to teach essential startup rules that students need to know.

Jeff Bussgang

06/22/17

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As a professor at Harvard Business School, I find it concerning that many students applying to Y Combinator lack basic knowledge of core startup principles.

Paul Graham

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Business school may not provide the skills necessary for early-stage startups; practical experience and learning by doing are more effective.

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Many PhD students and postdocs lack exposure to entrepreneurship, leading to misconceptions about funding and company formation.