What didn't Harvard teach me?

Matt Graham · Intermediate ·🚀 Entrepreneurship & Startups ·2mo ago

Key Takeaways

Matt Graham shares his experience on what Harvard didn't teach him about entrepreneurship, specifically bootstrapping and being scrappy

Full Transcript

Matt, what do you think specifically Harvard was not able to give you? >> Harvard, you come here if you want to lead a billion-dollar company. They teach you how to manage mass amount of resources, huge capital [music] structures, like manage large departments of sophisticated organizations. That's not an eight-figure [music] agency. We're 200 people. We're not 2,000 people. We're bootstrapped. We don't have equity and [music] debt. It's a totally different game. You don't learn how to be super scrappy, how to take nothing and make something. [music] Every single dollar counts when you're bootstrapping. Every decision is so critical with how you spend the limited [music] resources you have. >> You're looking to bootstrap a business, there's a lot more stuff you got to learn outside of Harvard.

Original Description

Harvard didn't teach me one thing: How to be scrappy. Harvard is built for billion-dollar operators. Not founders. They'll teach you to manage 2,000 people and a complex cap table. They won't teach you how to turn nothing into something with 200 people and no outside capital. Bootstrapping is a different sport. Every dollar counts. Every decision is life or death. The MBA gives you the map. Scrappy gets you the territory.
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