No one is born with an entrepreneurial gene. The skills necessary to become an entrepreneurial leader—risk management, continuous learning, deep collaboration—aren’t reserved for a certain class, race, or gender. It doesn’t require dropping out of school to launch the next unicorn. Anyone can practice and develop entrepreneurial competencies and skills.
Entrepreneurial Thought & Action® (ET&A™) is a proven methodology for developing the skill set and mindset needed to not just launch a new business, but also make change in an established company, lead a team, or create social impact.
Entrepreneurial Thought & Action starts with what gets you up in the morning. What are you passionate about?
What do you already know? What about your past experiences can help inform your next steps?
Instead of asking how much you want to make, ask how much am I willing to spend?
Get advice and feedback from colleagues; ask for assistance or moral, emotional, and financial support.
Entrepreneurial Thought & Action (ET&A) is a method that can be practiced to embrace and confront uncertainty rather than avoid it. It emphasizes smart action over planning. It emphasizes moving quickly from the white board to the real world. It’s a method that can be learned and should be repeated.”
Babson has infused ET&A into coursework at every level—from undergraduate and graduate classes to executive education programs—so that leaders can create, identify, assess, shape, and act on opportunities in a variety of contexts and organizations.
Starting on their first day, every undergraduate Babson student begins to experience ET&A via the Foundations of Management and Entrepreneurship (FME) course. FME is a yearlong course that allows students to develop, launch, and manage a new business venture.
Undergrad
The cornerstone of the Babson graduate experience is being able to practice ET&A in real-world settings. That may mean consulting at home or abroad through the Babson Consulting Experience or The Management Consulting Field Experience. Or it may mean getting feedback from investors on your venture during B.E.T.A. Challenge or Rocket Pitch.
Graduate
ET&A is infused into executive education programs so that individuals and teams can address organizational challenges—despite change or uncertainty. Babson subject matter experts work across four focus areas: entrepreneurial leadership, entrepreneurship, inclusive leadership, and strategic innovation.
Executive Education
Working with institutions in more than 80 countries, the Babson Academy empowers educators around the world to teach entrepreneurship. Online and in-person programs are framed by Entrepreneurial Thought and Action, giving educators, administrators, and students an increased capacity to recognize and exploit entrepreneurial opportunity.
Babson Academy
As Babson College graduates donned a cap and gown at the undergraduate Commencement ceremony in May, Swarna Shiv ’23 was pitching her startup venture at the end of a six-week marathon in which she competed in five high-stakes entrepreneurial national competitions.
As a first-generation college student, Tiffany Ramsarran ’24 was looking for a business school that emphasized diversity, and a place where she could tackle the global issue of human trafficking. Babson College supplied both.
Jackie Khorassani first set foot on Babson College’s campus in January 2020 for the Price-Babson Symposium for Entrepreneurship Educators. It changed the trajectory of her professional career.
Your next step is to get to know us even more. We are ready to answer all your questions about Babson.