| Taking Risks | October 19, 2003 |
Kim Smith
|
New Schools Venture Fund |
Entrepreneurial Thought Leader Speaker Series |
| Views: 865 |
|
| Video 12 of 24 from this talk |
- 01:43Hybrids: Entrepreneurs Must Lead People from Radically Different Sectors
- 03:52Founding of Teach for America: Entrepreneurs Envision What Others Say is Impossible
- 02:27A Theory of Change = Business Model + Strategy
- 01:22Focus
- 00:42Hybrid Leaders
- 01:01Education: Shift From Culture of Compliance to Culture of Performance
- 01:51Venture Philanthropy
- 01:45New School Venture Fund History and Operations
- 02:23New School Portfolio
- 00:58Strategic Investment Analysis Via a Hybrid Partner Group
- 01:04Leadership, Communication, and Facilitation Skills
- 01:29Taking Risks
- 02:28Achieving Profits Through Customer Focus
- 01:29Forming the Founding Team
- 01:07Measuring Social Return for Investors
- 02:13Venture capitalists as incubators and co-creators of new ventures
- 02:34Charter Schools - encourage diversity in the approach
- 02:10Parents as part of the K-12 learning community
- 03:59Fixing problems in K-12 education
- 03:07The investor community for educational ventures
- 03:22Scalability and Sustainability in non-profit sector
- 02:54VC Values impact on education and non-profit world
- 01:21Measuring success
- 02:56Funding for arts and sports
Description
John Kennedy said that there is risk and cost to a program of action, but it is far less than the long-range risks and costs that come from comfortable inaction, says Smith. Though it may seem scary to make changes and safe to do nothing, it is not true. A leader's job is to be passionate, figure out what needs to be done, and then be willing to take the necessary risks to make it happen, she notes.
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