Creating a Venture to Fund Your School with Dr. Brett Jacobsen Transformative Principal #SummerofAI

<p>This episode is part of the Summer of AI Series, brought to you by <a href="https://schoolai.com/tp">SchoolAI</a>, <a href="https://scrible.com">Scrible</a>, and <a href="https://focalpoint.education">FocalPointK12</a>.</p><br><p>Welcome to another episode of Transformative Principal! In today’s episode, we have the privilege of speaking with Dr. Brett Jacobsen, the CEO of The Mount Vernon School, Mount Vernon Ventures, and Mount Vernon Online – The Global Online Campus. With over 15 years of experience leading Mount Vernon through a transformational period, Dr. Jacobsen has gained a national reputation for innovation in education.</p><p>In our conversation, Dr. Jacobsen shares his insights on creating a venture to fund your school. He discusses how Mount Vernon School, established in 1972 as a PK–8 school, has embraced an innovation mindset, even though they have been around for a long time. Driven by a desire to be known as an innovative school, Mount Vernon has experienced significant growth over the last decade.</p><p>Dr. Jacobsen introduces the concept of the Blue Ocean Strategy, emphasizing the importance of shaping your school’s narrative and brand. Rather than trying to compete with other schools, Mount Vernon Ventures focuses on consulting with other schools and developing accessible products and tools. They have also ventured into business development with Mount Vernon Online.</p><p>Dr. Jacobsen explores the challenge of separating funding from the backs of their people and finding alternative markets to support their initiatives. He also highlights the importance of creating multiple pathways for students and implementing an inquiry-based, competency-driven system.</p><ul> <li>Portfolio of three different areas</li> <li>1972 school established</li> <li>PK–8 School</li> <li>Felt Like a startup even though they’ve been around for a long time.</li> <li>Giving more tours than serving our own community.</li> <li>Over the last decade school has grown by 60%</li> <li>Blue Ocean Strategy</li> <li>C