About the Class
Faculty
This subject is the entry-point for any MIT Sloan MBA student excited to learn more about entrepreneurship and engage with the E&I Track during their time at Sloan. E&I students are typically interested in: founding a company, joining a start-up venture, evaluating start-up ventures, becoming a corporate entrepreneur within a larger organization, or simply wanting to learn more about entrepreneurship. The subject has three learning objectives: 1) MIT Entrepreneurial Ecosystem: Introduces you to the broader MIT ecosystem and provides an overview of the abundant opportunities to collaborate across campus and gain help with your own ventures. 2) Entrepreneurial Skills: Introduces you to how to gain the knowledge and tactical skills needed in entrepreneurship, which will be invaluable whether you start, join, or evaluate a startup venture. 3) Your Entrepreneurial Journey: Provides an overview of the various ways to found, grow, and accelerate a venture during your time at MIT and beyond.
Bill Aulet
Bill is changing the way entrepreneurship is understood, taught, and practiced around the world. He is an award-winning educator and author whose current work is built off the foundation of his 25-year successful business career, first at IBM, and then as a three-time serial entrepreneur. During this time, he directly raised over a hundred million dollars and, more importantly, created hundreds of millions of dollars of shareholder value through his companies.
Since 2009, Bill has been responsible for leading the development of entrepreneurship education across MIT at the Trust Center. His first book, “Disciplined Entrepreneurship,” was released in August 2013, has been translated into over 20 languages, and has been the content for three online edX courses, which have been taken by hundreds of thousands of people in 200 different countries. The accompanying follow on book, “Disciplined Entrepreneurship Workbook,” was released in April 2017.
He has widely published in places such as the Wall Street Journal, TechCrunch, theBoston Globe, the Sloan Management Review, the Kauffman Foundation, Entrepreneur Magazine, MIT Sloan Experts, and more. He has been a featured speaker on shows such as CNBC’s Squawk Box, BBC News, Bloomberg News, as well as at events and conferences around the world. He has degrees from Harvard and MIT and is a board member of MITEK Systems (NASDAQ: MITK) and XL Hybrids Inc. (privately held) as well as a visiting professor at University of Strathclyde (Scotland).
On July 1, 2017, Bill was named a Professor of the Practice at MIT Sloan, the first at the school in the area of entrepreneurship since Alex d’Arbeloff received the designation in 2003. Bill has earned external recognition as well for his efforts, which include Boston 50 on Fire, 2017 Favorite MBA Professors from Poets and Quants, and 2018 Nannerl Keohane Distinguished Visiting Professorship at the University of North Carolina at Chapel Hill and Duke University. In 2019, Bill was awarded the Outstanding Contributions to Advancing Innovation and Entrepreneurship Award by the Deshpande Foundation. In 2021, Bill was recognized by the United States Association for Small Business and Entrepreneurship (USASBE) as the 2021 Entrepreneurship Educator of the Year.
Scott Stern
Scott Stern is the David Sarnoff Professor of Management at the MIT Sloan School of Management.
Stern explores how innovation and entrepreneurship differ from more traditional economic activities, and the consequences of these differences for strategy and policy. His research in the economics of innovation and entrepreneurship focuses on entrepreneurial strategy, innovation-driven entrepreneurial ecosystems, and innovation policy and management. Recent studies include the impact of clusters on entrepreneurship, the role of institutions in shaping the accumulation of scientific and technical knowledge, and the drivers and consequences of entrepreneurial strategy.
Stern has worked widely with practitioners in bridging the gap between academic research and the practice of innovation and entrepreneurship. This includes advising start-ups and other growth firms in the area of entrepreneurial strategy, as well as working with governments and other stakeholders on policy issues related to competitiveness and regional performance. In recent years, Stern has developed a popular new MIT Sloan elective, Entrepreneurial Strategy, co-founded the MIT Regional Entrepreneurship Acceleration Program, advised the development of the Social Progress Index, and served as the lead MIT investigator on the US Cluster Mapping Project.
Stern started his career at MIT, where he taught from 1995 to 2001. Before returning to MIT in 2009, he held positions as a Professor at the Kellogg School of Management and as a Non-Resident Senior Fellow at the Brookings Institution. Stern is the director and co-founder of the Innovation Policy Working Group at the National Bureau of Economic Research. In 2005, he was awarded the Kauffman Prize Medal for Distinguished Research in Entrepreneurship.
Stern holds a BA in economics from New York University and a PhD in economics from Stanford University.