Derek Lidow is unique in having successful careers as CEO of a global publicly traded semiconductor company, a founder and CEO of an innovative and valuable startup, and now as a teacher and scholar of entrepreneurship and innovation.
Derek is a professor of the practice at the Keller Center for Innovation in Engineering Education at Princeton University. He is the author of Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises , Building on Bedrock: What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies, and THE ENTREPRENEURS: The Relentless Quest for Value, as well as more than a hundred articles on innovation, entrepreneurship, and leadership.
Lidow graduated summa cum laude from Princeton and received a PhD from Stanford as a Hertz Foundation Fellow.
In this podcast, he shares:
What it really takes to be a successful entrepreneur—and the history of these individuals
What people often get wrong when they think about entrepreneurship
Lessons for you to apply to become a successful entrepreneur
The positive and unexpected negative consequences of entrepreneurship in society
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-Derek Lidow
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Episode Timeline:
00:00—Introducing Derek + The topic of today’s episode
2:23—If you really know me, you know that...
2:54—What is your definition of strategy?
3:29—What is your definition of entrepreneurship?
5:14—Could you talk about the history of corporations and their structures, and how entrepreneurs fit into that?
7:01—How were business people like the Elon Musks and Jeff Bezos perceived 4,000 years ago, and who were they?
8:15—What would the world look like without entrepreneurs within the business mix?
9:39—What are the less desirable impacts of entrepreneurs?
11:51—How do we incentivize entrepreneurs to lean toward positive endeavors?
14:14—Do you believe there is a shift toward entrepreneurs being focused on societal problems rather than self-interest focuses?
15:44—What does it take to be a successful entrepreneur (qualities, characteristics, etc.)?
17:16—What is something you'd like to share we haven't covered?
17:58—How can people continue to learn from you and follow you?
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Additional Resources:
Personal Page: https://dereklidow.com/
Linkedin: https://www.linkedin.com/in/dereklidow
Twitter: https://twitter.com/DerekLidow
Facebook: https://www.facebook.com/derek.lidow1
#69—Derek Lidow: The Historical and Modern Role of Entrepreneurs in Society