Good education

I think we need more of these types of education programs.  In this business program, students start a real business.

I think this sort of thing fits perfectly with entrepreneurship.

I also think an experienced-based program could be good for learning about more established businesses.   I once had an idea for a business education program where the business school might hold senior debt and/or own pieces of a group of small businesses and maintain boards responsible for each business.

Incoming students would either buy a portion of those businesses or be hired by the boards to manage one of the businesses for a year or two, while taking complementary classes.  It would be sort of a clinical to give the students experience in valuing businesses, working with boards, setting up plans and dealing with the overall responsibilities of running a business.

I’m sure that would be much messier than I can imagine, but I find it interesting to think about.

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