How Stanford became a billionaire factory

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Stanford University has long been known as one of the world's leading centres for innovation and a breeding ground for the entrepreneurs who created, and continue to shape, Silicon Valley.. Read more at straitstimes.com.

Stanford University has long been known as one of the world's leading centres for innovation and a breeding ground for the entrepreneurs who created, and continue to shape, Silicon Valley.

Professor Eesley, Associate Professor and W.M. Keck Foundation Faculty Scholar in the Department of Management Science and Engineering at Stanford University, explained what more goes into the"secret sauce" at Stanford. Q How important a role do alumni play? A Stanford alumni return to campus to recruit, lecture, collaborate in research and advise current students. Which explains the finding that 40 per cent of Stanford students find jobs through some form of networking.

Q Data from your study shows that"entrepreneurs may also be born" that way. A While entrepreneurs certainly require conventional business skills, they also need intangible qualities that don't come from books. These so-called soft skills include a self-starting drive, a willingness to handle risk and an ability to deal with the kaleidoscope of challenges in building a business from scratch.

 

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