Teaching Entrepreneurship, the Pirate Code, and MIT’s Bill Aulet

Bill Aulet, managing director, Martin Trust Center for MIT Entrepreneurship

If there was a theme to Bill Aulet’s swing through San Diego last week, it was that entrepreneurship is a skill that can be learned.

But that doesn’t necessarily mean that entrepreneurship can be taught. In fact, if there was a subtext to Aulet’s presentation at UC San Diego, it would have to be, “Let’s get the bullshit out of the business of educating entrepreneurs.”

As managing director of the Martin Trust Center for MIT Entrepreneurship (and a senior lecturer at the MIT Sloan School of Management), Aulet contends that the need for entrepreneurship has never been greater. It’s already clear that American workers can no longer expect to spend their entire career with one company, as previous generations did. In our future economy, he says American workers will have to be more entrepreneurial, if not outright entrepreneurs.

The trick, though, is ensuring that what we learn about entrepreneurship is worthwhile.

Through his work at MIT and as the author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup, Aulet encourages entrepreneurs, startups, large companies, and governments to take a more systematic and disciplined approach to what he calls innovation-driven entrepreneurship. (His talk at UC San Diego was co-hosted by Xconomy and San Diego Tech Founders, with help from UCSD’s Moxie Center for Student Entrepreneurship.)

Listening to Bill Aulet at UC San Diego (photo by Nikki Truitt)
Listening to Bill Aulet at UC San Diego (photo by Nikki Truitt)

Innovation-driven entrepreneurship is important, Aulet says, because that is the creative force behind the growth of companies like Apple, Salesforce, and Google. Citing a 2009 study from the Kauffman Foundation, Aulet says innovation-driven companies produced two-thirds of the 40 million new jobs that were added to the American economy between 1980 and 2005.

What that means is that big business is not a net producer of new jobs. Neither is the government, according to

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.