This week MIT Launch we were lucky to have Dr. Paul Stoltz teach a class on the importance and application of grit and resilience. He has spent over 30 years researching and trying to decode the element that sets the best entrepreneurs apart from the rest. The results? It turns out that the secret to entrepreneurial accomplishment is grit and the ability to turn adversity into an advantage. For a great way to kick off the week, Stoltz taught the students how grit can help them follow through and really execute a plan in order to turn something good into something really great. Through his riveting stories, he demonstrated that sometimes when things go really wrong, it is possible to respond to the advertises in order to achieve a much better outcome. He also shed light on the most important aspects of building a team and how to improve yourself as a better, more respected leader. Here is just a peek at some these important lessons:
In addition to classes and team activities, students at Launch also get the chance to meet and learn from other young entrepreneurs. This week, MIT Launch was honored to have 5 entrepreneurs from MIT’s Global Founders’ Skills Accelerator (GFSA) come to the class to speak on their experiences of the early stages of founding their companies. The MIT Global Founders’ Skills Accelerator is MIT’s student venture accelerator which takes the best teams with an interesting idea or proof of concept focused on creating impactful, innovation-driven startups. Out of hundreds of applications, only 14 teams are selected each summer to participate in GFSA, and they spend 3 months building the right product and securing initial customers/partners.
A Closer Look At The Speakers:
Gavin Cotter from R&R:
R&R is creating a new controller for consumer drones that allows the operator to simultaneously control the drone, and the video camera, all in one easy to understand, and intuitive to use controller. Their target market is the burgeoning prosumer videographer market that cares more about the art and videography than the novelty of flying drones.
Here at MIT Launch we’ve been working hard, and we’re just about ready to launch! From expanding the executive team and intern team, to streamlining the curriculum and student support systems, we’ve been making lots of improvements and are excited to be sharing them with you all! We can’t wait to meet all the Session 1 students tomorrow!
Here’s a sneak peek of our preparation for move-in day tomorrow:
Imagine a summer program where there are people from all around the world, life-changing experiences and memories that you’ll cherish for the rest of your life and be given a platform to improve yourself in an international environment. That is Launch in a nutshell! Launch has been a fantastic mix of making friends, exploring my passions and having the courage to voice my opinions and beliefs with renewed confidence.
From all the engaging classes and talks from eminent and established entrepreneurs to exciting and fun activities, Launch had it all. It forced us to understand our true interests and passions which in turn helped me understand myself better and gave my the confidence to talk about my passions or ideas with revitalized fervor. At Launch we leaned to be uncomfortable, to be original and to be a “painkiller” not a “vitamin”. It’s only a 4-week program, but it feels like we’ve learned more to apply to our lives than any school course could teach us in a year.
Coming from across the globe (literally), I was anxious as to whether or not I would be able to fit in with the group of students attending Launch. The culture shock was evident but the warmth and openness of the faculty and students helped my ease into the program. It was my first time visiting Boston but due to Launch’s impeccable efforts to make you feel at home, you’ll be surprised as to how quickly a month can pass by leaving you pining for more!
On my first day at Launch, with an incredible level of anxiety, I started talking to people. What if I would be stuck doing something that I really hate? Or even worse, what if I miss home too much and mess up my stay? Mustering my courage and confidence I began to go up to people with a pounding heart and started talking to them. “Hi, my name is Pallavi, I am…” and I am fairly certain that I messed up with the first couple of people that I talked to. However, it got a little easier as I continued to talk to others. I was surprised by how comfortable everyone seemed to be and how open they were. This made me want to be more confident and I forced myself to stick around and talk to people, understand their interest and delve into intellectually stimulating conversations with everyone there!
But by the end of program, Launch motivated me to be more creative every day, to focus more on innovative solutions to problems, and most importantly, to learn to be flexible, to ADAPT.