Entrepreneurship - Singularity University

Explore the essence of entrepreneurship in this 57-minute lecture by David S. Rose, Track Chair for Finance and Entrepreneurship at Singularity University and Chairman of the New York Angels investment association. Delve into key concepts such as financial risks, cultural traditions, opportunities, challenges, and the entrepreneurial spectrum. Examine the realities of starting a business, including costs, market fit, and sacrifices. Discover insights on famous entrepreneurs like Richard Branson and Steve Jobs, and learn about balancing family life with business pursuits. Gain valuable knowledge on when to persevere and when to let go, crossing the chasm, and the relationship between entrepreneurship and poverty. Filmed at the Graduate Studies Program 2011 at NASA Ames, California, this talk offers a comprehensive look at the world of entrepreneurship and its impact on innovation and society.

Intro
Definition
Greater than normal
Financial risks
Adam Smith
Joseph Schumpeter
Scott Jing
Thomas Harrison
John Gartner
Hypomania
Cultural tradition
Opportunities
Challenges
Work
Perseverance
Anguish
Accomplishment
Failure
Sacrifice
Yin and Yang
Commercial
Its Hard
Thats Not Reality
Arms Cost Nothing
Average Founder
Cost of Starting
The Bottom Line
This is not easy
Every great idea wins
Find your market
Until you find your fit
The ultimate sacrifice
Who invented social networking
Tesla and Edison
Crash and Burn
Entrepreneurs are in it for the fame and fortune
But there has to be something more
Why
The answer
You have to do this
The entrepreneurial spectrum
Richard Branson
Steve Jobs
A true entrepreneur
You understand how it works
Maybe just maybe you can
Take a job
Take the next step
Shoot into the sky
The crazy ones
You are not alone
When to let go
Crossing the chasm
Balancing family and business
Entrepreneurship and poverty