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Bay Area Edupreneur Dinner last Wednesday

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  • Beth Sutkus
    Hello all, Thanks to everyone who attended last Wednesday s Edupreneur Dinner, and a special thanks to our panel. Kim Smith from New Schools Venture Fund
    Message 1 of 1 , Nov 6, 2000
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      Hello all,
      Thanks to everyone who attended last Wednesday's Edupreneur Dinner,
      and a special thanks to our panel. Kim Smith from New Schools
      Venture Fund facilitated a great conversation on scale, with Glen
      Tripp sharing insights from SCORE! and e-SCORE.com, Lauren Dutton
      reflecting on her work with City Year, and Edison Schools, and
      Jonathan Klein speaking about the scaling process of Teach for
      America.

      Some highlights from the meeting on lessons learned and challenges in
      scaling a venture:

      *Look at scale with an eye toward expanding AND improving--don't
      sacrifice quality for scale.
      *What is the relative scale for your venture? what size makes sense
      for your market?
      *There is a tension between scale and direct impact, which may cause
      difficulty in bringing your staff on board with plans to scale.
      Leadership needs to build the case for staff buy-in.
      *Identify core values and behaviors and institutionalize them so that
      they become non-negotiables throughout various locations.
      *Be wary of relying on one charismatic leader--look for sustained and
      distributed leadership over time.
      *Different models of scale work for different types of ventures--for
      example, City Year first perfected a unit model in Boston and then
      talked about replication, whereas Teach for America recruited 500
      corps members in their first year.

      Stay posted for information on the next dinner!
      Best,
      Beth Sutkus
      New Schools Venture Fund
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