What is the Berkeley Method of Entrepreneurship?
SCET's Professor Ikhlaq Sidhu Talks About the Berkeley Method of Entrepreneurship.
Posted by Breakfast on Thursday, November 17, 2016
Prof. Ikhlaq Sidhu on TV New Zealand Discusses Berkeley's Method for Developing Entrepreneurs
The Berkeley Method of Entrepreneurship (BMoE) is a holistic teaching and learning approach that enables engineers to be more entrepreneurial. It encompasses three main elements: frameworks, mindset, and networks. Frameworks are composed of cases and tactics which are found in many entrepreneurial courses and provide the students with knowledge and facts associated with entrepreneurship. Mindset is an element often neglected in traditional courses and concerns the student’s behavior and attitude toward entrepreneurship. Networks help entrepreneurs succeed through mentorship, team-building, connections, and culture.
Watch the video below for a quick introduction to the Berkeley Method. This video also showcases the Berkeley Method of Entrepreneurship Bootcamp, one of our core programs for teaching the methodology.
What makes the program unique?
This method of learning helps students understand general concepts through practice, observation, critical thinking, and games.
Every entrepreneur's path is different and students come to us at many different stages in that path. Our goal is to help students discover the next milestone on their journey to becoming successful entrepreneurs.
The three layers of the Berkeley Method of Entrepreneurship
The Berkeley Method of Entrepreneurship's inductive learning and journey-based approach are supported by these three main elements.
Exposure to issues related to culture, social psychology, and mindset. The psychology of being an entrepreneur e.g. trusting, understanding the value in diverse teams, belief and ethics, risk assessment, communication, overcoming social barriers, rejection therapy, fail training, etc.
Assuring infrastructure and supporting, safe and effective environment e.g. diverse networks, ability to connect, facilities, services, clarity of rules of engagement, ecosystems and mentors.
Opportunity recognition, MVP, raising funds, business models, case studies, sales process and other tools and processes associated with entrepreneurship.