Jeff Housenbold, CEO of Shutterfly, recently spoke at Stanford’s Technology Ventures Program: Entrepreneurial Thought Leaders. I especially enjoyed his definition of entrepreneurship as well as how he applied this definition throughout his career.

I think entrepreneurship is mostly a state of mind. It is a state of mind about how you create things that people haven’t envisioned before. How you aggregate the resources, motivate people and execute against that vision. It doesn’t necessarily mean you have to go start your own business. I think the state of mind of entrepreneurship can happen at the largest of corporations … and it can happen at the smallest companies …. Across the whole gamut, entrepreneurship is really about the state of mind: creating new products, creating new markets, creating new ideas, and then creating new businesses. And capturing some of the economic rents from that vision and the hard work.
– Jeff Housenbold

Enjoy the presentation. As you are listening to it, make sure to reflect back on your definition of entrepreneurship, your past experiences of applying it to your career, and explore the opportunities that exist for its application currently and in the future.

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