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Entrepreneurship and Innovation

Pitch It! 2018, Lake Forest College,

“What is Entrepreneurship?”

At Lake Forest College, Entrepreneurs find problems worth solving and mobilize the people and resources to solve them.

Our Innovation and Entrepreneurship program (ENTP) provides students with the tools, guidance and relevant experience to help them mobilize people and resources to solve any problem of their choosing. 

We do this by teaching, and deliberately practicing, the processes required to adopt a growth mindset; reframe failure as data, utilize design thinking; enact product, service or organizational innovation; and impact the social norms that drive human behavior. 

Triangles

 

 Our program is focused on teaching our students how to build effective entrepreneurial teams; create contingency plans vs. business plans; and increase personal and organizational resilience as a means to improve success outcomes. Students learn to understand their personal strengths and motivations, and how to use them as a vehicle for growth for in themselves, their teams and their ventures. Our faculty are experienced entrepreneurs and social innovators who bring their expertise, knowledge and passion to the classroom.

The Innovation and Entrepreneurship program offers a unique experience for students because:

  • ENTP courses are open to all students - participation in the minor isn’t a prerequisite to take courses
  • ENTP minors can focus on for-profit ventures, nonprofit ventures or intellectual property development
  • A self-designed major in Entrepreneurship or Social Innovation is customized based on a student’s area of interest
  • Programs, speakers, workshops, organizations and mentors ignite and support student-led ventures
  • Access to Chicago’s robust entrepreneurial ecosystem of incubators and accelerators
  • Opportunities to live, intern and study in downtown Chicago
  • Internships with early stage ventures

The Entrepreneurship and Innovation program provides students with the context, skills, knowledge, discipline and experience to succeed in our rapidly changing world. Our students understand, and can apply, the problem solving skills, practiced self-efficacy and self-advocacy, and goal setting to lead teams, projects and ventures within a context of uncertainty. Our students can identify personal and professional purpose, and know how to sell themselves and their ideas.

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  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2525-megan-lambert"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,400,400/38332_megan_lambert_14.rev.1501863031.jpg" alt="Megan Lambert" title="Megan Lambert" class="lw_image" width="242" height="242" data-max-w="400" data-max-h="400"/></a></span></span><div class="quote"><p> “From small tech startups to big corporations, people want to hire entry level colleagues that know how to innovate, challenge the norm, and take on challenges.”</p></div><a class="recruit-link" href="/live/profiles/2525-megan-lambert">Megan is using skills she learned in the Entrepreneurship and Innovation program in her job at Aon Corporation.</a>
  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2563-paris-burton"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,1620,1080/38778_parisburton.rev.1503928860.jpg" alt="Paris Burton" title="Paris Burton" class="lw_image" width="242" height="242" srcset="/live/image/scale/2x/gid/155/width/242/height/242/crop/1/src_region/0,0,1620,1080/38778_parisburton.rev.1503928860.jpg 2x, /live/image/scale/3x/gid/155/width/242/height/242/crop/1/src_region/0,0,1620,1080/38778_parisburton.rev.1503928860.jpg 3x" data-max-w="1620" data-max-h="1080"/></a></span></span><div class="quote"><p> “I want to learn how a business is run, from the marketing to the planning to the costs. The entrepreneurship and innovation minor lets me learn it all.”</p></div><a class="recruit-link" href="/live/profiles/2563-paris-burton">Paris is double-majoring in theater and arts administration and minoring in entrepreneurship and innovation.</a>
  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2469-cj-black"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,534,534/38090_cj-black-2_2.rev.1499701541.jpg" alt="CJ Black" title="CJ Black" class="lw_image" width="242" height="242" srcset="/live/image/scale/2x/gid/155/width/242/height/242/crop/1/src_region/0,0,534,534/38090_cj-black-2_2.rev.1499701541.jpg 2x" data-max-w="534" data-max-h="709"/></a></span></span><div class="quote"><p> “I knew that going into business for myself would be better for me long-term.”</p></div><a class="recruit-link" href="/live/profiles/2469-cj-black">CJ won first-place at the 2016 Pitch It! competition and is co-founder of Trade Defender.</a>
  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2526-evelyn-johnson"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,419,512/38333_fullsizerender-2.rev.1501867250.jpg" alt="Evelyn Johnson" title="Evelyn Johnson" class="lw_image" width="242" height="242" data-max-w="419" data-max-h="512"/></a></span></span><div class="quote"><p> “Entrepreneurship has helped me develop strategic leadership skills, empathy, and the ability to think out of the box.”</p></div><a class="recruit-link" href="/live/profiles/2526-evelyn-johnson">Evelyn is co-founder and CFO of Boulle, a 2017 Pitch-It! competition award-winning company that makes boutonnieres. </a>
  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2470-tyler-armentrout"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,2048,1365/38339_fullsizerender-3.rev.1501873136.jpg" alt="Tyler Armentrout" title="Tyler Armentrout" class="lw_image" width="242" height="242" srcset="/live/image/scale/2x/gid/155/width/242/height/242/crop/1/src_region/0,0,2048,1365/38339_fullsizerender-3.rev.1501873136.jpg 2x, /live/image/scale/3x/gid/155/width/242/height/242/crop/1/src_region/0,0,2048,1365/38339_fullsizerender-3.rev.1501873136.jpg 3x" data-max-w="2048" data-max-h="1365"/></a></span></span><div class="quote"><p> “I think college is all about trying out different things, challenging yourself, and learning from the people around you.”</p></div><a class="recruit-link" href="/live/profiles/2470-tyler-armentrout">Tyler ran a successful business at the College and is currently building a second one. </a>
  • <span class="lw_profiles_image"><span class="lw_item_thumb"><a href="/live/profiles/2468-anthony-conn"><img src="/live/image/gid/155/width/242/height/242/crop/1/src_region/0,0,233,233/38076_anthony_conn_17.rev.1499437308.jpg" alt="Anthony Conn" title="Anthony Conn" class="lw_image" width="242" height="242" data-max-w="233" data-max-h="233"/></a></span></span><div class="quote"><p> Anthony’s business plan is “to provide the best possible service to the client to sustain customer satisfaction.”</p></div><a class="recruit-link" href="/live/profiles/2468-anthony-conn">Anthony’s courses in Entrepreneurship and Innovation are helping him run a business he co-owns with his dad. </a>