The most important word

Princeton encourages the development of student entrepreneurs. The Princeton experience inspires and requires both innovation, and action instills these qualities in the undergraduate student body. Special majors, student organizations, independent work, senior theses and community projects are just a few examples.

Here are some personal assertions that reflect my biases but may also resonate with yours:

The four most important words in the English language are "I have an idea." New ideas have shaped our world over the millennia. Innovation is the prerequisite to progress. Princeton instills creativity and independent thinking.

The three most important words in the English language are "Just do it." Ok, so it's the tagline for Nike ads, but it's also a timeless, universal truth that actions, not just ideas, are required to achieve great things. Students and faculty at Princeton are not satisfied to think and discuss ideas; they act to make things happen. That's the essence of entrepreneurship.

The two most important words in the English language are "Try again." Seldom do things work out the first time. When they don't, you have to pick yourself up and start over. Princeton's high standards and emphasis on personal responsibility underscore the importance of never giving up.

The most important word in the English language is "entrepreneur." To me, it describes the characteristic in people and the human spirit that has enabled the best in mankind and society. It's not about enterprise. It's about making a positive difference in the world so that the lives of those who come after you will be better.

When we proclaim our commitment to "Princeton in the Nation's Service and in the Service of all Nations," we are pledging that we Princetonians are committed to making the world better and, therefore, we Princetonians are entrepreneurs.

Ed Zchau is Visiting Lecturer with the rank of Professor in Electrical Engineering and Operations Research and Financial Engineering and the Center for Innovation in Engineering Education.