Starts on
June 7, 2018
Duration
Eight weeks, online 8-10 hours per week
program fees
$2,600
Entrepreneurs: Learn What It Takes
Innovation doesn't grow in the comfort zone. It takes courage to breathe life into a new idea. But there's a common belief that entrepreneurs are born, not made. At Massachusetts Institute of Technology (MIT), we know that this is a myth. MIT graduates have started over 33,000 active companies that generate over $1.2 trillion in annual revenue and employ over 3.3 million people, making MIT the 10th largest economy in the world. And in just three years of the residential MIT Global Entrepreneurship Bootcamp, its graduates have raised over $42 million in funding for ventures incubated in the Bootcamps. Entrepreneurship can be taught. The journey starts with knowledge, not genetics. So in this online Bootcamp you will develop a systematic toolkit for venture creation and gain a disciplined mindset of the successful entrepreneur.
$42 Million
Funding for participants in MIT's
Global E-Ship Bootcamps in 3 years.
52%
The world is operating at 52% of its entrepreneurial capacity.
SOURCE: CNBC
8 Weeks
Go from idea to startup at the MIT Entrepreneurship Online Bootcamp.
Your learning journey
184 Video Lectures
4 Live Sessions with MIT Faculty
3 Feedback Sessions with MIT Bootcamps Coaches
1 Capstone Project
6 Discussions
4 Group Assignments
- Orientation Module: Program Overview
- Module 1: Generating Startup Ideas Out of Problems
- Module 2: Solving Problems and Skills Assessment
- Module 3: Market Segmentation and Customer Personas
- Module 4: Who's Buying: Identifying and Profiling Your Customers
- Module 5: Bullseye: Offering the Right Value Proposition
- Module 6: Defining the Startup Sales Process
- Module 7: Design a Business Model and Project Unit Economics
- Module 8: The Pitch: Bringing Ideas to Center Stage
Faculty
William Aulet
Professor of the Practice at MIT Sloan School of Management; Managing Director, Martin Trust Center for MIT Entrepreneurship
Bill holds a bachelor's degree in engineering from Harvard University and an SM from the MIT Sloan School of Management. Bill is the managing director of the Martin Trust Center for MIT Entrepreneurship at MIT and Professor of the Practice at the MIT Sloan School of Management. The Center is responsible for entrepreneurship across all five schools at MIT starting with education but also extending well outside the classroom with student clubs, conferences, competitions, networking events, awards, hackathons, student trips, and most recently, accelerators.
Bill teaches at least three different classes per year (introductory to advanced entrepreneurship classes) in addition to his responsibilities of running the Center. His work has won numerous awards, including the Adolf F. Monosson Prize for Entrepreneurial Mentoring at MIT. He is the author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup and the accompanying workbook.
Professor Eric von Hippel
T. Wilson (1953) Professor in Management; Professor of Management of Innovation and Engineering Systems
Eric is the T. Wilson (1953) Professor in Management and a Professor of Management of Innovation and Engineering Systems at the MIT Sloan School of Management. He holds a BA in economics from Harvard College, an SM in mechanical engineering from MIT, and a PhD in business and engineering from Carnegie-Mellon University.
Eric's research discovers and explores patterns in the sources of innovation and develops new processes to improve the "fuzzy front end" of the innovation process—the end where ideas for breakthrough new products and services are developed. In his book, Democratizing Innovation, von Hippel shows how communities of users are actually becoming such powerful innovation engines that they are increasingly driving manufacturers out of product development altogether—pattern he documents in fields ranging from open source software to sporting equipment. This discovery has been used for a better understanding of the innovation process and for the development of new innovation processes for industry.
He is currently leading a major research project to discover how these user innovation communities work, and how and whether the same principles might extend to many areas of product and service development.
Erdin Beshimov
Lecturer, MIT and Director of the MIT Bootcamps Program; MIT Open Learning Lecturer
Erdin is a Founder of the MIT Global Entrepreneurship Bootcamp and Lecturer in MIT's online courses "You Can Innovate: User Innovation & Entrepreneurship", "Entrepreneurship 101: Who Is Your Customer?", "Entrepreneurship 102: What Can You Do For Your Customer", and "Entrepreneurship 103: Show Me The Money." For his work in entrepreneurship and contributions to student life at MIT, Erdin was awarded the Patrick J. McGovern Entrepreneurship Award, the Carol and Howard Anderson Fellowship, and the MIT Sloan Peer Recognition Award.
Erdin is a graduate of the MIT Sloan School of Management. Before returning to work at MIT, Erdin served a Principal in the VentureLabs of Flagship Ventures where he focused on ventures in water and sustainability. Prior to that, Erdin co-founded Ubiquitous Energy, a solar startup catalyzed in the MIT course, "New Enterprises."
