Content
This course will challenge the next generation of leaders and entrepreneurs to think critically
about how their personal values and principles inform the difficult decisions they will have to make
as they grow their business. The course will first equip students with frameworks to crystalize
their own values and principles. Students will learn to apply their own core values. A selection
of readings and case studies will provide students with tangible examples of the challenges
other entrepreneurs have faced. Each class will be highly immersive, featuring conversations
with entrepreneurial guest speakers and break-out sessions. Through conversations with case
protagonists and each other, students will leave the class more prepared to navigate the ethical
dilemmas that they may encounter during their professional lives.
Learning outcomes
1_students are able to brave difficult situations in the startup context
2_Enable students to begin to craft their own framework – personal and company
3_Discuss case examples (i.e. Flixbus, Konux, ProGlove, Luminovo, fernride, Reactive Robotics,
Grupon, buecher.de, SevDesk, inveox, 10X, ...) and conduct exercises to help them on their
journey
Examination
Mandatory participation on all workshop days
(1) active class participation (25%)
(2) short assignement questions on cases (25%)
(3) presentation of values and principles for their company/project/future startup (25%)
(4) reflection paper, 2-3 pages, max 1.200 words (25%)
The seminar is on application:
https://academy.unternehmertum.de/programs/principled-entrepreneurial-decisions
Prerequisites
Application & willingness for active participation
being or becoming part of a Startup or project team
Students who are interested in Venture Capital and decision-making of founders are also welcome
Teaching & learning methods
lectures
group works
role plays
real Start-up cases with the founders in class
discussions
Media & reading list
presentations
founders in class
video
Dalio, R. (2017). Principles: Life and work. New York, NY
Horowitz, B., & Kenerly, K. (2014). The hard thing about hard things: building a business when
there are no easy answers. New York, NY: Harper Business.
More literature will be provided in class
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