We had our first TEM class today – and I absolutely love it! Recruiting has been such a timesink lately that I haven’t had a chance to update much on classes. The Entrepreneurial Manager (TEM) just started (late in the semester) and looks to be one of the most interesting courses yet. We basically get the chance to study a new venture or business plan every class. Definitely a sense of excitement here that you just don’t find when studying the optimal leverage ratios for General Electric. (No offense to finance geeks…)
The professor is fantastic, too! I was chatting in the cafeteria during recruiting week with some sectionmates and a random guy walks up and says: “Hi X, Y, and Z… how are you all?” Then he asked me a question about my previous industry… I was thinking, “What…!??!? Do I know you??” It turns out he was our new TEM professor, fresh from memorizing all of our names (and career history). I think that shows dedication & experience that visibly carries over into class. He guides the case discussion in a way that can only be done by thinking incredibly quickly.
Anyway, it’s fun to study entrepreneurial decisions. Studies show that almost 1/3rd of HBS grads are running businesses 5 years out of graduation, and by 10 years out — over 50% are self employed. That’s an amazing number… I definitely hope I’ll be one of them!