*The identification of these three principles as the basis of the mental model underlying entrepreneurial leadership came out of extensive work of a Babson task force. The goal of this task force was to identify what the next generation of management students needs to know. Engaging a grounded research approach that included interviewing faculty, survey research with alumnae and students, and reading pedagogy and theory across diverse management and liberal arts disciplines, this task force arrived at this model of entrepreneurial leadership.