Bay Area Edupreneur Dinner last Wednesday
- 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
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!
New Schools Venture Fund