My name is Alexander McKelvie.
I'm the chair of the department of entrepreneurship and emerging enterprises here at Syracuse.
Entrepreneurship is about the pursuit of opportunities without regards to resources currently controlled
So doing the things that you think are right to satisfy the customer.
Doing things that help you develop the next business because that is what the market wants.
So it's not about "how do I raise money?" or "what things do I currently have?"
but rather "what should I be doing to take performance to the next level?".
The biggest thing that an entrepreneur thinks about is opportunities.
You start to look for opportunities in a different way.
You start to evaluate them in a different way,
which is a little more proactive, a little
more about risk taking
a little bit more bold than what you're doing.
The entrepreneurship concentration is relevant for a student's career in a number of different ways.
The first one is they get to think cross-functionally.
So regardless of what their career anticipation is, whether it's a big company or small company
They're going to have to understand how the different parts of the company fit together.
It's also important for people to think independently,
being able to work autonomously, leading a team
so being an entrepreneurial leader, as opposed to just a follower or just a regular team leader.
The Capstone part is an all-encompassing Capstone experience.
We understand that this is the culmination of your time in the MBA program
where you really kind of develop your own individual idea
you evaluate it, you write a full fledged business plan around it
and then you seek external financing to make sure that you can get this venture off the ground.
The best thing about entrepreneurship is creating your own future.
That you get to put your own hard work in, and you get the rewards for it.
So you're not working hard for someone else, you're working hard for yourself.
You're able to pursue your dreams
So ideas that you've always wanted to do - entrepreneurship lets you do them
Whether it's through starting your own business, working in a corporate
environment,
working in the family business, or working for a "change the world" type of social venture.
