This past October, after 11.5-years of volunteering at The College of Charleston, our Founder chose to walk away from the Board of Trustees at the School of Business, the Executive Committee of that board, and the classroom. Having helped design the award winning ImpactX Class (of which there are now 5 classes); having spent over 1,000 hours per year volunteering; having pinch hit to teach classes; having mentored hundreds of students; and having contributed to the development of a major in Entrepreneurship, his decision was not an easy one. However, he could no longer tolerate an administration that had little or no regard for a board that had given so much, and that took people like himself totally for granted.
Since walking away, he has been approached by multiple schools that even wanted to pay him to deliver them what he had delivered for CofC. However, as he never did any of it for money, he has politely declined all of those offers.
What he did not decline is the opportunity to change our broken and institutionalized education system by designing a new school. His two criteria for doing this were that it was to be based in hashtag Charleston, SC. and that he would not work there.
The Charleston School of Capitalism for Good will be a one and done degree in business, specifically in Making A Profit While Making A Difference. Highlights are:
· 1 year, one and done syllabus
· Classes from 10am to 4pm Monday-Thursday
· Friday Focus - Building a for profit innovation purposed to help solve socioeconomic and or environmental problems
· 120 students to begin
· A free incubator for graduates to continue building their businesses
· All professors will have had bona fide business careers and there will be no tenure
· No cumbersome central administration
· A private college with merit-based acceptance
· No ridiculous elective classes – just business-and business-related career classes
· Global companies already indicating they will hire graduates well versed in Making A Profit While Making A Difference
· A group of global impact investors who will get to diligence student created innovations
· Graduates will be way more prepared for business careers than their peers who received +/- 34 credits for “majoring” in business at a traditional 4-year college
Of course, not everyone will want to pay for one year of school as opposed to four, and not everyone will want to go to classes all day, 4-days per week, while also building a profit for purpose company. Also, not everyone will want to learn how to make real money by leveraging capitalism for good. But for the 120 out of the +/- 3.75m freshman each year that enter college, and do want this kind of education, this will be the place to go.
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