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- W168034693 abstract "3 Day Startup (3DS) is an academic program designed to teach entrepreneurial skills in an extreme hands-on environment. 3DS guides participants through a short entrepreneurship primer and culminates in an intense three day event with the explicit aim of launching viable technology startups. A single 3DS event invites around 50 university students ranging from freshmen to freshly-minted PhDs, with diverse backgrounds, including computer science, business, engineering, law, design, communications and others. Each event is a case study in cross-disciplinary collaboration, group productivity under severe time constraints of less than 60 hours, brainstorming and ideation, as well as ad-hoc leadership and decision making, since most participants are complete strangers to each other at the start of the event. To date, there have been seven events in the U.S. and Europe; the initiative originated and is headquartered at the University of Texas at Austin. 3DS alumni have created ten technology companies, which have collectively raised over $2 million in startup capital. In this paper, we share our key findings in teaching entrepreneurial skills at the university level, the most important being keen use of the Pareto principle and Parkinson’s law, and a relentless focus on execution. For instance, at 3DS events, software engineers write code for crude prototypes, business students engage target customers for market validation, and design students create branding and mock interfaces. We detail our experience creating and running a university laboratory for aspiring entrepreneurs that is analogous to experimental laboratories for chemistry students, machine shops for mechanical engineering students, and drawing and painting workshops for art students." @default.
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- W168034693 date "2011-01-01" @default.
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- W168034693 title "3 DAY STARTUP - MOLDING STUDENT ENTREPRENEURS FOR FUN AND NON-PROFIT" @default.
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