review.chicagobooth.edu | The reality for more than two-thirds of entrepreneurs is that their startups will go out of business within the first few years. Why do so many startups fail, and how do you foster a startup culture without blinding people to the harsh realities of entrepreneurship? Hal Weitzman is joined by Chicago Booth’s Scott Meadow, Waverly Deutsch, and Craig Wortmann (now with Northwestern University) in a panel discussion.

Daily Muse co-founder and startup advisor Kathryn Minshew has started several startups and has the battle scars to prove it. In this 99U talk, Minshew shares common mistakes made by startup founders, and reveals the remedies to each. Chief among them? The “Gollum Syndrome” where founders treat their companies as “their precious.” Just launch and iterate, says Minshew, because “an ugly baby is better than no baby at all.”

Startup investors Alicia Syrett, founder and CEO of Pantegrion Capital, and Alex Kenjeev, president of O’Leary Ventures, share their best advice for entrepreneurs on how to pitch to investors.

At the Young Creators Summit 2016 in Amsterdam, David Beckett talks about how to give the perfect pitch. And if you want your ideas to change lives, you need to make sure that they are heard.

As an experienced pitch and TedX speech coach, David shares his insights on how to pitch and get your ideas heard. According to four principles, his ‘Open, three, close’ Model and The Pitch Canvas, he explains how to get your audience to engage with your story.

Have you ever heard of the crocodile brain? How many words do you think fit into a 3 minute pitch?

Millennials live with each foot in two separate lives. Kevin Lehtiniitty explores how he explored both what he wanted to do along with what society expected him to do and then reconciled the two different paths into his passion. The decision fell to one question: what if I succeed?

Kevin founded what has now grown into TINITT in the beginning of 2011. Before founding the company, he had already been working as a computer consultant since 2008 for Brebeuf Jesuit Preparatory School and various other current TINITT clients. He has also been designing and developing websites since 2007. In his free time, Kevin plays tennis and works on his other ventures.

Riley Csernica makes entrepreneurship a simple equation, especially for young adults. The 24-year-old biomedical engineer explains how she co-founded a medical brace device company to create a job she would love. Through her own experience, shared with candor and humor, Csernica demonstrates how her sense of accomplishment and what she has learned along the way far exceed anything she would have gotten from an entry-level job out of college.

In just a few short years, Riley Csernica earned three degrees and started a company with her Clemson classmate Chelsea Ex-Lubsekie. With her Mom’s blessing, an MBA, plus two degrees in biomedical engineering, Csernica became an inventor and entrepreneur. Taking the design from a class project, Csernica and her partner worked with athletic trainers, orthopedic surgeons and patients to advance the shoulder brace device, developing an effective and revolutionary design. When Csernica isn’t developing future designs, she is involved with local community groups to support youth entrepreneurship. tarianorthotics.com