Smith believes that since their monetary values are not large in comparison to the size of the education industry, investments must be leveraged to get maximum effect. New School's helps to leverage their investments by bringing together a partner group that includes venture capitalists, entrepreneurs, and educators, who each bring different strengths and views to the venture.

1. Hybrids: Entrepreneurs Must Lead People from Radically Different Sectors
2. Founding of Teach for America: Entrepreneurs Envision What Others Say is Impossible
3. A Theory of Change = Business Model + Strategy
4. Focus
5. Hybrid Leaders
6. Education: Shift From Culture of Compliance to Culture of Performance
7. Venture Philanthropy
8. New School Venture Fund History and Operations
9. New School Portfolio
10. Strategic Investment Analysis Via a Hybrid Partner Group
11. Leadership, Communication, and Facilitation Skills
12. Taking Risks
13. Achieving Profits Through Customer Focus

Kim Smith lectures on Entrepreneurship for Stanford University students, October 19, 2003. Kim Smith is co-founder and CEO of NewSchools Venture Fund, which she established in 1998 to transform public education by supporting education entrepreneurs. In NewSchools, Kim created a new "hybrid" approach to investing in social entrepreneurs. NewSchools uses grants, loans and equity investments to support a portfolio that includes nonprofit and for-profit entrepreneurs who are building sustainable, scalable education ventures. In this Stanford lecture, she talks about venture philanthropy, fixing problems in K-12 education and how entrepreneurs must lead people from radically different sectors.



Course Details:

- Entrepreneurial Thought Leader Speaker Series

- Stanford University's Entrepreneurship Corner (ecorner)



Original Course Name: Entrepreneurial Thought Leader Speaker Series