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The Case For Experimental Entrepreneurship Education | Baden U’Ren | TEDxYouth@ABPatersonCollege


I’m a pretty lucky man really I’m lucky

because I’ve got several passions in my

life family

music classic racecars and education I’m

passionate about education and I’m

particularly lucky because I have the

impact and the ability through being a

teacher to have an influence on our

young people in our in our world in our

lives I have the ability about it

influence what they learn the way in

which they learn to have an impact on

what their future lives may be I’m also

particularly lucky because I get to step

behind individual subjects and I get to

design educational programs so the

impact that I can have is not just

individual students but rather it’s a

program level spreading across through

in my example at Bond University the

issue that we have is that we have a

problem we have a situation where

graduate employability rates are the

lowest they’ve been in Australia in the

last 20 years we have a situation where

the youth unemployment rate in Australia

is currently sitting at about 13 percent

and on the chart behind me you’ll see

youth unemployment in Australia

progressed over the last 40 years and

what you see is in the early 1980s when

we floated the Australian dollar and we

deregulate our banking system there was

a spike in youth unemployment and a

rapid recovery thereafter as the economy

improved again when the recession we had

to have in the early 1990s came through

a spike in youth unemployment because

when things go tough you get rid of the

people that are most expendable those

that are perhaps less skilled less

experienced and a rapid recovery through

the 90s the Asian financial crisis

Russian debt crisis and the dot-com bust

happened in the early 2000s we again we

see a bit of a spike in youth

unemployment and then the wonderful

economic boom of the 2000 saw a very

significant reduction in youth

unemployment and along came late 2007

the global financial crisis and again we

see the inevitable spike in youth

unemployment but this time there’s no

but recovery in fact things for our

youth here in Australia who are exiting

our schools that are graduating from

university that are that are finishing

their trade schools is becoming even

worse we have a situation at the moment

where one in three of our unemployed

youth are out of work looking for work

for longer than six months and one in

five who are out of work looking for

work are out of work for more than 12

months this is unacceptable

so we look for answers we wonder why

might this be why is it a situation

where we have a we have a segment of our

society it’s finding is so tough and we

look at things like job automation and

say ah the robots are taking all about

all of that jobs automation is coming

through artificial intelligence machine

learning is automating typical jobs that

would be done by entry-level workers we

have PricewaterhouseCoopers coming out

and saying 40% of the jobs in the United

States are going to disappear within the

next 15 years we start to think hmm

maybe we need to rescale ourselves what

we do know that is happening is

uncertainty about you can put out words

like brexit like trump like macron just

in the different way in which business

is happening and commerce is happening

in society is happening every day yeah

how we consume our music things are

changing uncertainty is the new

certainty and so organizations such as

the Institute for the future perhaps the

World Economic Forum go out and they say

oh you must need different new skills we

need these future work skills things

like complex dexterity which robots find

very difficult to do and emotional

intelligence

so yes hairdressing definitely is a

profession that will sustain because you

need to get a talk engage and get to

those fine details of people’s hair yeah

you see things like a design mindset

complex problem-solving

transdisciplinarity the ability to work

in cross-functional cross-cultural

cooperative competitive

team’s skills are changing but we’ve hit

a bit of a roadblock we’re in a

situation where we have a schooling

system which has developed and evolved

to be exceptionally good at delivering

disciplinary skills if I was to be

particularly cynical I could say that

high schools are exceptionally good at

producing a score to enter University

yeah we see that going through our

schooling system despite passionate

teachers that want to have a difference

and want to make a difference in

individual students lives the system

overrides and we get ourselves in a

situation where students come out ready

went to workforce and they’re

ill-prepared so I’ve gone around and

thought well we need a different way of

looking we’re in a world of uncertainty

and if you go back to the literature and

the way how we understand uncertainty go

all the back to way back to the 1920s

when Frank Knight put forward the view

that entrepreneurs were in fact the

masters of uncertainty they had a

particular way of thinking reasoning and

acting in their head that made them not

just lucky risk takers but rather they

had a particular skill at making

decisions where not everything was known

so I went around and I’ve searched the

corporate worlds and I’ve gone to – I’ve

gone to like D school at Stanford

University I’ve gone and examine what

Northwestern does with their exceptional

program have looked at INSEAD I’ve

examined our own Australian ecosystem

I’ve gone to the way the corporates run

start mate river city labs Y Combinator

and I’ve come up with a view as to not

necessarily the skills that we need to

develop in our education system but

rather the mindsets that we need to

develop in our education system and for

me it starts with curiosity because when

you look at our little prep students

that come in to primary school wide-eyed

ready to go they’re curious they examine

the corner of the room they pick up the

little pencils that are not allowed to

use just yet their curiosity abounds

our schooling system does a very very

good job at squashing that out through

standardized testing yeah exceptionally

good

perhaps for understandable reasons

assurance of learning yeah understanding

how we’re educating and can we test that

we are there are good reasons behind

this system but they’re failing our

youth once you start with curiosity you

tend to show interest in something

that’s an interesting little point

that’s an interesting endeavor I might

give that a bit of a go and as you give

things ago you didn’t tend to develop

competency in those areas you start to

perform people look at you they start to

promote you you start to become good and

before you know it you start developing

a bit of a passion I was going to be a

currency trader I did an undergrad in

economics and finance a minor in quant

I’ve got a master’s in finance a PhD in

finance I was gonna be a currency trader

and here I am designing education

programs because I’m passionate about

them because one particular educator

asked me to come back and teach a class

and that interest developed into a

passion in order to solve problems you

need to have a creative mindset to see a

new way of being able to attack to

understand to knock down and think

creatively how you might be able to

solve that problem and as we know when

we look at successful entrepreneurs at

the root of every successful

entrepreneurial story is is a tale of

resilience of determination of

persistence of perseverance and for me I

could look and I can see constructs on

how to build creativity we know about

design thinking you know about mindset

and problem solving the empathetic mind

rather than eco-centric mind but this

concept of resilience was a bit

struggling for me and I I went around

eyes I started to imagine how we might

be able to embed resilience into our

education system how do you do that so

my initial view was of resilience was

there was this individual on a journey

and the journey was unknown and you

might be reflecting back to your

readings of Joseph Campbell and the

hero’s journey you know

as you go down this path you get these

trials and tribulations that come

through and it’s your internal grit and

guts and determination and your

particular perseverance that gets you to

your goal at the end and it was an

individual construct that I was looking

at so when in His infinite wisdom

Queensland’s chief entrepreneur Mark

Selby put out that he was going to

launch the first ever venture program

run by been south of a man who won the

best job in the world a global

adventurer about building resilience

I said that’s for me I need to find out

what this resilience construct is how

can I learn it

what can I see how it does does it

develop and how can I embed that into a

into pedagogy such that we can build it

in our youth supplement application in

and I was lucky enough to be selected

along with 18 other members of the

Queensland entrepreneurial ecosystem

venture capitalists startup founders

community leaders and you’re gonna laugh

a little bit for our resilience test we

went to the whitsundays we landed in

Hamilton Ireland and over the this is

just last week I got back on Sunday

hence the facial hair and and for seven

days we were we launched into a journey

that at times was physically demanding

at many times was mentally demanding and

we were we were blessed with having some

very inspirational people come and talk

to us I’m just gonna focus on one that

was macalinski and you might have heard

macalinski’s story a gentleman who was a

celebrated chef who on Christmas Day in

2011 Christmas tree caught fire and

resulted in the loss of his wife and his

three daughters third-degree burns to

65% of his body

induced coma for two months lost 25

kilos no muscle mass but this is a man

that hit I think I haven’t seen anything

else that can match it absolute rock

bottom and he talked about the fact when

he first woke up out of the coma

it was his dad that was right by his

side

and he and he discussed with us the

process that he rebuilt his life and as

I was listening to this tale it reminded

me of and as you do you as you as you

listen these things it reminded me of

of my own relatively insignificant

challenges in life and a little visual

that dr. Dave and he’ll know who he is

embedded in my mind as to how to look

how to survive a period of grief the

period of challenge and you can imagine

that yourself as a glass and you’re a

glass and you’re sitting on the edge of

a table and there’s a concrete floor

below you and you are you’re falling off

the table and you’re going to hit that

concrete floor and each of us is our own

particular glass we might be a fragile

crystal champagne flute we might be the

kind of tumbler that you put your

favorite scotch into nice thick walled

big solid bass yeah we as an individual

have our own resilience construct that

we can build that we’re influenced by no

there’s only three components to this

you are one of them the second is the

table and the height of the table and

when I went through my particular

challenge I thought I was on a pretty

big high table you can think of it maybe

as a coffee table maybe as a dining

table maybe as a high bar or maybe mat

Galinski yeah so you can start to

rationalize the height of your table and

the third thing you can do is you can

look down at their concrete floor and

you can choose to put pillows down there

and your pillows are your support

network and when I look back at my

pillows it was my family it was my close

friends it was dr. Dave it was a it was

a supportive group that moderated and

improved my resilience through their

resilience and that’s what I took out of

the Queensland venture program the

resilience isn’t just an individual

construct resilience is actually a

system-wide construct and a resilient

community a resilience school a

resilient classroom builds in a

resilient student

we can put things around that students

but we must build it in our program our

program needs to support the types of

outcomes we want in our students so we

have the opportunity I’ve been a

singularity University I’ve read Peter

demand his work and he has this

beautiful book called optimism of

abundance you must read it we are in a

situation of abundance and we can choose

to make the difference in the way in

which we educate we’ve got a review

happening of a national curriculum at

the moment you know it’s impending time

is coming to be implemented we have the

opportunity to start not delivering on

disciplinary skills or rather I should

say not only delivering on disciplinary

skills but rather to be delivering on

the type of cognitive abilities the type

of mindsets that we know sit under the

entrepreneurial method that’s our

opportunity such that we can launch our

youth into a vibrant world an optimistic

world an abundant world where they are

the Masters of designing their own

income be it as an employee as an

employer as a start-up founder as a side

hustle whatever it is they want to be

and our schooling system needs to match

that so tonight I make the very strong

case that experiential entrepreneurship

education is a is a required koma

component of our overall schooling system thank you

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