The wrongest thing is the assumption that entrepreneurship can be taught - it can't.
It is something that comes out of experience, intuition, and liquid capital markets.
They don't teach Figma, VC Economics, Pricing Strategy, etc to undergrads at Cal, MIT, Harvard, or Stanford. It's up to future founders themselves to teach themselves these skills while being enabled by universities to embark on their endeavors.
And this is the fundamental problem with Germans - y'all are too damn hierarchical and command&control driven (good for a factory, not for innovation).
Everything needs to follow a process to the T and there's no autonomy to experiment or innovate. Structural aversion to liquid early stage funding also plays a MASSIVE role in this problem, as any promising German entrepreneur needs to move abroad to get competitive terms, and this means a potential source of mentorship is lost.
The wrongest thing is the assumption that entrepreneurship can be taught - it can't.
It is something that comes out of experience, intuition, and liquid capital markets.
They don't teach Figma, VC Economics, Pricing Strategy, etc to undergrads at Cal, MIT, Harvard, or Stanford. It's up to future founders themselves to teach themselves these skills while being enabled by universities to embark on their endeavors.
And this is the fundamental problem with Germans - y'all are too damn hierarchical and command&control driven (good for a factory, not for innovation).
Everything needs to follow a process to the T and there's no autonomy to experiment or innovate. Structural aversion to liquid early stage funding also plays a MASSIVE role in this problem, as any promising German entrepreneur needs to move abroad to get competitive terms, and this means a potential source of mentorship is lost.
From Those Magnificent Men in Their Flying Machines (1965):
Captain Rumpelstoss: "But...how will I learn to fly?"
Count Manfred Von Holstein: "Same way as we learn everything else in the German army: From the book of instructions!"