Session 20: Course Summary

Thursday, March 12, 2020

Summary This session concludes our journey to learn about entrepreneurship and innovation by inviting all student teams to share their favorite "lessons learned" with classmates. The instructors will then make closing remarks regarding our hope that Engineering 145's bold objectives were achieved by students and faculty alike:

  1. Appreciate that entrepreneurship is a mindset that values creativity, innovation, ethics, and leadership. It can be applied to all facets of personal and professional development in life.
  2. Learn how to differentiate between an idea and a viable opportunity to create and grow a high-impact business or enterprise.

  3. Develop an understanding of entrepreneurial strategy, marketing, and finance in pursuit of an opportunity

  4. Practice essential skills for team formation and success.
  5. Examine the importance of entrepreneurial ecosystems and innovation clusters to healthy society and economies.

Quote of the Day: "To laugh often and much; to win the respect of intelligent people and the affection of children; to earn the appreciation of honest critics and endure the betrayal of false friends; to appreciate beauty, to find the best in others; to leave the world a little better; whether by a healthy child, a garden patch or a redeemed social condition; to know even one life has breathed easier because you have lived. This is the meaning of success." Ralph Waldo Emerson

Study Questions (Policy on Study Questions.)
  • With your group, discuss and review what you learned this quarter.  How will you approach your career differently, whether founding your own enterprise, joining a startup, joining an established enterprise, getting more formal education, entering public service, or any other pursuits?
  • Prepare some talking points with your team regarding your major takeaways for the course.  For team extra credit, prepare a succinct "lessons learned" presentation using any format or media you wish (e.g., slides, video, etc.) and post it on canvas at 8AM before class starts. Each team who volunteers for this be will be given about 5 minutes of time to their presentation during class. The goal is to aggregate and convey your teammate's personal takeaways from the sessions, readings, discussions, and other experiences of this course. Be as creative as you wish to make this both informative and engaging.
  • Also for a chance to earn extra credit personally, consider the Stanford's Entrepreneurial Thought Leader talks you attended in person (or still time via video and podcast) from this winter quarter.  Post your submission to Canvas by Friday at Noon with a paragraph each regarding takeaways or lessons learned from any 2 of the 8 speakers.

Term Project Assignment (Policy on Term Project Assignments)

See Term Projects page.

Online Assignment (Policy on Online Assignments)

Post your team's OAP written report (up to 1500 words) to Canvas by Friday at Noon Pacific Time.  Your team is strongly encouraged to keep your written analysis to at or under 1500 words, as this is a good opportunity to learn how to be succinct in business communications. 

Also by Friday at Noon, fill out this form with your personal assessment of how to distribute a bonus among your E145 team members (including yourself). Assume a total of $100 is available for distribution. Bonus distribution should be based on completed work and effort to the good of the team. This info will be held in strict confidence by the teaching team.