MIT Entrepreneurship Lesson: What Do You Need to Start a Business?

Think you need great technology to start a business? Think again! MIT's Bill Aulet tells us the 1 ingredient you really need to start a business: a paying customer!
This video is part of an MIT Bootcamps online course on entrepreneurship ► ENTREPRENEURSHIP 101: WHO IS YOUR CUSTOMER?
Your can enroll in this course now for free ► courses.edx.org/courses/cours...
The course is taught by Bill Aulet and Erdin Beshimov.
► Bill Aulet is Professor of the Practice of Entrepreneurship at the MIT Sloan School of Management. He is also the Managing Director of the Martin Trust Center for MIT Entrepreneurship.
► Erdin Beshimov is the Producer and Host of Entrepreneurship 101. He is a Lecturer at MIT and the Founder of MIT Bootcamps.
ABOUT MIT BOOTCAMPS
MIT Bootcamps is an immersive, intensive, experiential MIT program for global innovators. At the Bootcamp you will learn entrepreneurial problem discovery and problem solving that MIT is known for. This toolkit will give you the power to seek real problems, develop superior solutions, and design ventures that are sustainable for your team, your customers, and the world. You will also join a tight-knit, lifelong and growing community of over 1,000 innovators selected by MIT from over 100 countries.
MIT Bootcamps was founded at MIT in 2014 by Erdin Beshimov with a vision to bring MIT to entrepreneurs around the world. Since the launch of MIT Bootcamps in 2014, Bootcamp alumni ventures have raised more than $70 million in funding. Six Bootcampers have been named to the Forbes 30 Under 30. Many have gone on to MIT’s graduate degree programs. Admission to an MIT Bootcamp is highly selective. Learn more at www.youtube.com/watch?v=u6_jd.... Apply at bootcamp.mit.edu.
Other innovation and entrepreneurship MOOCs by MIT Bootcamps are:
► "You Can Innovate: User Innovation and Entrepreneurship”
► “Entrepreneurship 102: What Can You Do for Your Customer?”
► “Entrepreneurship 103: Show Me the Money”
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[@abdukadirhassan1937]

Great lecture . Thanks man

[@hiranga]

crushing, but necessary and true :)

[@mohammedabdelnasser8928]

if you have a paying customer you have business if you don't have a paying customer you don't have business