What is the focus of the class?
— The class focuses on real-world scenarios for entrepreneurship, with students investing their own money and aiming to validate their business ideas.
What are the unexpected rewards of starting a business?
— The unexpected rewards of starting a business include investing in and creating opportunities for teammates, beyond the expected rewards of money, time, and freedom.
How is intelligence measured in the real world?
— Intelligence in the real world is measured by how quickly one can adapt and learn from situations, rather than academic intelligence.
What is the most important thing in life for success in business and career?
— Making big decisions is the most important thing in life as it determines the leverage between inputs and outputs in a system, which is crucial for success in business and career.
How long do most entrepreneurs last in one industry before moving on?
— Most entrepreneurs only last three to five years in one industry before moving on to the next.
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