Disruptive Education for

Entrepreneurship and Start-ups

Disruptive Education

Entrepreneurial Challenges

• Global Scope and Impact

• Scaling to International and national levels

• Sustainable

• Volatile, Uncertain, Complex n Ambiguous world

• Diversity

The Role of Entrepreneur

The role of the entrepreneur in the economy is “creative destruction” – launching innovations that simultaneously destroy old industries while ushering in new industries and approaches

Economist Joseph Schumpeter

Disruptive Education for Creative Destruction!

Can you have all these?

Zero to One

“What valuable company is nobody building?

Every correct answer is necessarily a secret: something important and unknown, something hard to do but doable. If there are many secrets left in the world, there are probably many world-changing companies yet to be started.”

Peter Thiel

Everything you know is wrong!

• Tech industries can be thought of as a Paradigm Shift Machine (Alex Danco)

• Technology is something that increases access to a scarce resource• Our mental models of how things work will go out of date astonishingly quickly • Education of Unknown is more vital than education of Known• Capability and Capacity to deal with uncertainty is more important than certainty

Quality of Education

• Rigor • Level of Content• Increase Complexity• Real life projects

• Relevance and engaging • Creativity• Individualization and Collaboration • Grit – Focus, Resilience and Perseverance

(http://connectedprincipals.com/archives/6893)

The Global Goals for Sustainable Development

Let’s pick one of them

Indian Economy Projections

• India's Age of Compounding - $5 trillion by 2025, $20 trillion by 2040! (Edelweiss )

• By 2025 generate• $3.5 trillion in consumption and • $2 trillion investment in services Educational, healthcare and medical, financial, housing, hospitality etc.

• India is already slated to become the next manufacturing hub by 2020.• Per Global Innovation Index (WIPO, 2014) India ranks 76th among the 143 countries• Policy intervention to establish structures, knowledge, skill sets and processes to be top 5 innovative countries • Educational initiative to promote Entrepreneurship and start-up at Government level like

• Make-in-India• NSDC

(http://business.asiaone.com/news/india-s7-trillion-economy-2025#sthash.FVPDtcla.dpuf)

Let’s create our future!