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March 26–31, 2017 | Brisbane, Australia
This year, I abounding the Massachusetts Institute of Technology’s (MIT) Global Entrepreneurship Bootcamp as allotment of the Class 5 cohort. This affairs promised the highs and lows of a startup in one anniversary and accomplished a framework for a acclimatized access to entrepreneurship.
If you’re cerebration about accessory this affairs or apprehensive what the acquaintance is like, I’ve abbreviated my thoughts and reflections below. I additionally accommodate affidavit to accede the affairs and alternatives to the program.
I aboriginal begin out about the MIT Global Entrepreneurship Bootcamp (GEB) aback I active up for the Massive Open Online Courses (MOOCs) Entrepreneurship 101 and Entrepreneurship 102 offered on EdX.org aback in 2015.
As I progressed through these courses, I abstruse added and added about entrepreneurship. Before I knew it, I was traveling bottomward the aisle of entrepreneurship, and the added I abstruse about entrepreneurship, the added the claiming of entrepreneurship appealed to me.
When the bootcamp was aboriginal offered in 2015, I was interested, but not able to accede the program. The affairs offered an acute acquaintance affiliated to “drinking from the firehose” that accepting at MIT experience. Mentorship would be accessible throughout your adventure as you accouterment the challenges startups face in the aboriginal 2–3 years of startup life. It would be a adventitious to accommodated entrepreneurs from all over the apple and potentially acquisition cofounders or business ally for your startup. It would change your life.
It articulate awesome, and as a alpha entrepreneur, I acquainted it would accommodate a able foundation for my aisle into entrepreneurship. In November 2016, I accustomed addition promotional email about this program. My affairs had afflicted aback I aboriginal heard about the program. I had started my adventure and had added flexibility. The things that captivated me aback in 2015 no best applied.
On a whim, I applied, not absolutely assured I’d be able abundant to get in. I had little to no acquaintance in entrepreneurship. My accomplishments was in software development, and that had been my career.
It was advertised as a awful careful program, with an attendance/acceptance amount of beneath 10% over the accomplished few classes (actual accepting amount is unknown, admitting affected to be not that abundant greater than the appearance rate) with applicants advancing from over 30 countries on average.
Starting the appliance action was actual accessible — appointment your email abode and sending in a Curriculum Vitae (CV)/resume. But the accomplish get added added complicated, ambitious added time and anticipation to complete. For example, a alternation of essays appropriate you to accede what your motivations were for applying and area you saw yourself in the future. After accomplish included a angle accouter and 1-minute video pitch.
As I got added complex in the appliance process, I accordingly became added committed to the program. In retrospect, it’s a abundant action to edger out beneath absorbed applicants. Every footfall requires a new akin of advance in adjustment to abide in the process. Alone the best absorbed of applicants will abide with anniversary step.
By the end of December, afterwards appointment a angle accouter and 1-minute video pitch, I knew I was about done. I accustomed an allurement for account in January, which I affected to be the final step. It was said that there was about amid 4–6 accomplish in the appliance process, depending on area the admissions aggregation was in their admissions process. I after abstruse almost alone 25% of all applicants fabricated it this far, either through alternative or drop-off.
I was aflame and afraid about the interview, as I didn’t apperceive what to expect. The account lasted about bisected an hour. It focused on the abstraction that I pitched and what accomplish I had completed to move above the abstraction stage. At the end of the interview, I was told I would be provided a accommodation soon.
That aforementioned day, I accustomed an accepting letter. I was adequate and aflame about my acceptance. Afterwards activity through all the steps, I had assertive myself to appear if I got accepted, in animosity of the aerial costs of the affairs ($6000 USD for tuition/food, excludes biking and abode costs) — I would amount that out later.
After accepting my accepting letter and appointment my accommodation to attend, I went through the online courses afresh in alertness and completed the anew appear Entrepreneurship 103: Show me the Money accessible by MIT through EdX.org. This was a recommended prerequisite for accessory the bootcamp.
The two months or so anesthetized bound as I had affluence of things active in alongside befitting me busy. I was starting my own adventure in entrepreneurship, alive on the annoying but all-important authoritative aspects bare for my anew formed company, Scattered Horizons, as able-bodied as commutual applicant work, primarily in software development.
In adjustment to accommodate some context, I’d like to altercate some expectations I had about the affairs above-mentioned to my accession in Brisbane. I abounding two Startup Weekends (run by Techstars) in backward 2016, above-mentioned to my MIT application, yet both adventures larboard me activity unsatisfied. During Startup Weekend, participants appear calm to advance a ancestor for an abstraction pitched at the alpha of the 54-hour program. I knew there was article missing, but I couldn’t amount out what. Based on reviewing schedules of accomplished bootcamps and what I could acquisition online, I aggregate the MIT GEB affairs would be agnate to Startup Weekend, but would accommodate a added absolute and able-bodied foundation for bringing an abstraction to a Minimum Viable Product (MVP).