Who has the next great business idea?
He’s been called the “jerk millionaire professor” and “Toronto’s answer to Donald Trump.” Reza Satchu immigrated to Canada from Kenya at the age of eight and ended up attending Harvard Business School. Since selling an online company at the peak of the dot-com boom for nearly $1-billion, he has enjoyed “giving back” by bringing a hard-knocks approach to the ivory tower. For six years, Satchu has taught his “tough love” entrepreneurship course to University of Toronto undergrads. It’s more boot camp than lecture, eschewing textbooks in favour of seminars, business plans, guest entrepreneurs, and the constant terror of “cold call” questioning that could strike any student, any time (as in the real world). If you’re going to run your own business, Satchu says, you must get used to massive discomfort first. Now he’s taking his own advice. With three partners, and financial backing from some big names in Canadian business, Satchu is taking his class national. “The Next 36” is an ambitious p