Ep. 95 - Jeff Meade: Why Paul Quinn College Made Entrepreneurship a Graduation Requirement

What if a college degree required not just passing classes—but launching a real business? In this episode, host Jeff Dillon sits down with Jeff Meade, Founding Director of Entrepreneurship at Paul Quinn College, where "Every Quinnite Is an Entrepreneur" isn't a slogan—it's a graduation requirement. Every student, regardless of major, must start and launch a venture before they leave campus. Jeff brings over 20 years of agency and consulting experience to higher ed, and he's using that builder mindset to reimagine what a college education can produce. He shares the story of the hike in Japan that led him to ask "what makes me happy?"—and how that question pulled him out of a successful consultancy and into the classroom. The conversation covers Paul Quinn's venture-based learning model, a six-week boot camp where students identify problems, pitch solutions, and then build real businesses with real stakes. Jeff explains how securing six-figure seed funding changed the way students show up—turning dreams into tangible ventures. He also introduces the concept of acquisition entrepreneurship, where the college itself is exploring equity partnerships in businesses to diversify revenue streams and give students hands-on operating experience. For any institutional leader wondering if this model could work beyond Paul Quinn, Jeff offers a practical path: culture starts at the top, and you need people who see the world differently. This is a must-listen for anyone who believes higher ed must do more than teach theory—it must create value.  Key Takeaways Every Student Must Launch a Business to Graduate: At Paul Quinn, entrepreneurship isn't an elective or a major—it's a graduation requirement for every student, regardless of their field of study. The goal is to help students think and act like entrepreneurs in any career they pursue.  Venture-Based Learning Has Real Stakes: Unlike traditional entrepreneurship courses that end with a graded pitch, venture-based learning requires students to actually go to market. Students must talk to real customers, face rejection, and pivot. That experience is often harder—and more valuable—than getting an A.  Real Money Changes Student Mindset: Paul Quinn secured six-figure funding for a student seed fund. When students know there's actual capital behind their ideas, they dream bigger and take the work more seriously. A $5 sale can feel like a breakthrough when it leads to an investment.  Technology Must Reduce Friction, Not Add It: Supporting hundreds of students launching real businesses requires a different tech stack. Paul Quinn partnered with Canoo to create a marketplace where students can display and sell products or services—eliminating the heavy lift of building a website from scratch.  Partnerships Start with Shared Values: Paul Quinn's goal is to eradicate intergenerational poverty. That mission attracts partners like Babson, Wharton, and the Sean Carter Foundation—not because of fancy pitches, but because they see the world the same way. Find people who share your vision and start a conversation.  Acquisition Entrepreneurship: A New Frontier: Beyond starting businesses, Jeff is exploring acquisition entrepreneurship—helping students acquire and operate existing small businesses. The college is also exploring equity partnerships to diversify its own revenue streams while giving students hands-on operating experience.  Bring Companies in Early and Often: Jeff argues that higher ed doesn't involve companies soon enough. But the ask doesn't have to be big—invite executives to a roundtable, host a lunch, bring them into a clas... Chapters (00:00:00) - What's the Toughest Part of Starting a Business?(00:00:39) - This college is reimagining what a college degree is actually supposed(00:02:01) - Paul Quinn College Alumnus on Why He Pivot(00:05:39) - What Does a Student's Journey to Starting a Venture(00:10:14) - How to Launch a Business on Campus(00:14:35) - In expanding access to entrepreneurship education(00:16:49) - The Future of Learning: Technology in Higher Education(00:24:35) - Higher Ed's Future of Venture-based Learning(00:28:47) - Paul Quinn College's Vision for Venture Based Learning(00:32:00) - The Signal: Higher Ed Tech Podcast