LiberatED Podcast

Professor Andreas Widmer on Principled Entrepreneurship

Jul 16, 2024
Andreas Widmer is an Associate Professor of Practice in Entrepreneurship at The Catholic University of America, and author of The Art of Principled Entrepreneurship. He shares insights from his tumultuous education journey impacted by ADHD and dyslexia, emphasizing the importance of practical experience for aspiring entrepreneurs. The discussion highlights the surge of entrepreneurship among women and marginalized communities post-2020. Widmer also advocates for embracing business failure as a growth opportunity and explores innovative educational models that prioritize personalized learning.
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ANECDOTE

Widmer's Challenging Education Journey

  • Andreas Widmer struggled with ADHD and dyslexia, which made traditional schooling very difficult for him.
  • His service in the Swiss Guard under Pope John Paul II and subsequent entrepreneurial career shaped his teaching philosophy.
INSIGHT

COVID Sparked Entrepreneurial Reflection

  • The COVID-19 pandemic caused many people to re-evaluate their life choices and pursue entrepreneurship for deeper meaning.
  • Rising entrepreneurship among women and people traditionally excluded reflects a desire to start their own game rather than fitting in.
ADVICE

Start Business by Creating Value

  • Start your business immediately by focusing on creating value, not just on having a perfect idea.
  • Business is about solving a problem for others and getting paid more than the cost to create value.
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