The Democratization Of Entrepreneurship

03/21/2011 10:52 am ET | Updated May 25, 2011
  • Steve Blank Author, 'The Startup Owner's Manual' and 'The Four Steps to the Epiphany'

I gave a talk at the Stanford Graduate School of Business as part of Entrepreneurship Week on the Democratization of Entrepreneurship. The first 11 minutes or so of the talk (see video below) covers the post I wrote called "When It's Darkest, Men See the Stars."

In it, I observe that the barriers to entrepreneurship are not just being removed. They're being replaced by innovations that are speeding up each step, some by a factor of ten.

My hypothesis is that we'll look back on this decade as the beginning of a revolution built on entrepreneurship and innovation. We may remember this as the time when scientific discoveries and technological breakthroughs were integrated into the fabric of society faster than they had ever been before; and when the speed of how businesses operated changed forever.

If you've seen my other talks, after the first 11 minutes you can skip to ~1:04 with the Sloan versus Durant story and some interesting student Q&A. You can follow the talk along with the slides I used.