Special Leadership Lecture by KAIST Professor Ahn Chul-soo On September 22, Gak Dang Heon Hall in the College of Business and Economics building was full of students waiting for Professor Ahn’s special leadership lecture. Professor Ahn, a chair professor at KAIST(Korea Advanced Institute of Science and Technology), started the lecture with humorous anecdotes from his appearance in “Golden Fishery,” a famous talk show in Korea that interviews well known people. Professor Ahn first mentioned “the entrepreneurial spirit.” He said, “The entrepreneurial spirit is not just a spirit of businessmen, but a spirit of creating new values, challenging, understanding and taking actions”. “A proper translation of ‘the entrepreneurial spirit’,” he suggested, “should be ‘corporate value creation activity.’” Professor Ahn also gave his definition of the entrepreneur as “someone who changes the world while seizing opportunities and accepting the given situation, rather than being merely a business planner.” “One should not expect to see results in a year,” he emphasized. “It takes at least 5 to 7 years to achieve success. You should have patience.” He also mentioned that people with reflective character and are not particularly sociable can be successful in establishing new companies, which goes against the popular conception of successful entrepreneur as one with an outgoing character and vast human network. “There is now a rigid frame to future entrepreneurs, and networking is only one part of it.” At the end of his lecture, Professor Ahn encouraged the students telling them to pursue their interests, above all: “The starting point of the mindset behind establishing a new company is doing what one likes to do and what one is apt to do, not working to make quick money.” “I hope you would all foster your talents and passions, for one realizes one’s real self while taking difficult choices and enjoying the process of pursuing them,” Professor Ahn said, closing the lecture.