From startup to scaleup: Preparing MBAs for high-growth ventures

At the forefront of high-growth venture education is the Deming Center for Entrepreneurship at Leeds, with an unprecedented High-Growth Venture (HGV) Fellowship designed to drop MBA students into the world of scalable startups and develop a specialized skillset in high demand by CEOs and founders.泭
Companies want to know: ���Can she make tough choices in the midst of ambiguity?��� ���Does he have creative ideas?��� ���Is she adaptable to lightning-fast change?��� When it comes to a high-pressure, high-risk environment, it is agile problem-solvers, well acquainted with failure, who make the cut.
A priority of the fellowship is to provide training in soft skills. Workshops, a.k.a. ���huddles,��� arm students with critical skills for working at a scaleup, including brainstorming, storytelling and running a meeting. In addition, students have unlimited and unfettered access to mentors at high-growth startups for invaluable guidance on what it takes to work there���not to mention access to a powerful network.泭
A combination of coursework, co-curricular options, workshops and a paid internship immerses fellows in academic and experiential learning unique to growth-stage companies. Academically, fellows follow a curated track of entrepreneurship classes, some of which include working with accelerators such as . This spring, a new, one-of-a-kind class on high-growth companies will be added.
HGV Fellows take what they learn and hit the ground running at an internship with a local or national high-growth venture.
First-year MBA Alex Gulsby grew up in a family of entrepreneurs and plans to start her own high-growth venture after graduation. Through the fellowship, she assists local entrepreneurs in developing solutions for existing problems. She explains how she���s learning about failure and ���the role it plays in shaping strong entrepreneurs��吆I] have learned, applied, failed and succeeded countless times over.���
Sandy MacDonnell (MBA���19) says the best part of the HGV Fellowship is ���spending time with like-minded students who are as excited as I am about high-growth companies.��� Post-graduation she plans to dive into a high-growth venture in B2B software and help it scale up. ���I am incredibly inspired by the female COOs in the tech industry and aspire to follow in their footsteps,��� says MacDonnell.
Over the summer, MacDonnell interned at Logikcull.com in San Francisco, a company providing instant discovery for modern legal teams. Her supervisor recounts how quickly she became ���a perfect piece of a seemingly ever-changing puzzle of complex projects and goals.���泭
In the end, HGV fellows learn the hallmarks of a scaleup: how to rapidly scale a good idea, build an organizational culture that allows for rapid growth, and change or reinvent quickly if a roadblock emerges. Equally important, the program ensures they can function in the high-pressure, collaborative and ambiguous environment of high-growth ventures.泭
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