I devoted some of my time to self-education in September-December using the opportunity provided by Stanford University Venture Lab‘s online courses. In this post I would like to briefly describe my impressions and share some useful materials from the courses. Venture Lab courses are somewhat different from other online courses in that they take place during a specific time with specific deadlines, and you need to enroll in order to participate.
I tried three courses: Technology Entrepreneurship, Crash Course on Creativity, and Finance. As they are very different, I will tell you about each one separately.
This is probably the best one. Although, there are multiple opinions on whether entrepreneurship can be taught, there are a lot of useful materials.
Lectures certainly vary in content. Some are quite theoretic and contain, for instance, large charts showing, how probability of team’s success depends on the number of members or on their background. Others are more about anecdotal. There was, for example, a story about history of skateboarding culture. I didn’t know that it originated from dry Californian summer during which many Californian pools were empty and people started using them to ride inside instead of swimming.
Aside from theory, there is also a team work that is highly encouraged and is in fact an integral part of learning process. Working in teams you are supposed to do market research, create and test the business model. Participants are very diverse. There are people from Pakistan, Belarus, Serbia, Russia, Canada and many other countries. You can pick any of already existing teams (hundreds of them) or create your own and invite other students to join.
If it is too late for you to participate, you might still benefit from these materials:
I think it takes about an hour a week or so to keep up with the lectures. But if you want to do more, for example communicate on forum, read recommended books, and actually try to apply ideas to some project, it will take longer, of course.
By the way, if you are interested in this topic, I highly recommend you these recent notes from Peter Thiel’s lectures. They also happen to be in Stanford. Computer Science dep. It will save another hundred thousand dollars. 😉