Bill Aulet is the Managing Director of the Martin Trust Center for MIT Entrepreneurship at MIT as well as a senior lecturer at the MIT Sloan School of Management. He is also the author of Disciplined Entrepreneurship: 24 Steps to a Successful Startup.
Aulet teaches New Enterprises, Energy Ventures, and Applications of Advanced Entrepreneurial Techniques, in addition to running the Martin Trust Center, which supports student entrepreneurship education inside and outside the classroom across all five schools at MIT. Since Aulet became Managing Director in 2009, he has conceived, designed and overseen the implementation of numerous innovative programs, from new courses (Linked Data Ventures, Entrepreneurial Product Marketing and Development, Energy Ventures, Applications of Advanced Entrepreneurial Techniques) and student initiatives (MIT Clean Energy Prize, MIT Entrepreneurship Review) to accelerators (Global Founders’ Skills Accelerator, Beehive Cooperative) and thought leadership initiatives (Regional Entrepreneurship Acceleration Program or REAP). His work has won numerous awards; most recently, in April 2013, Aulet was awarded the Adolf F. Monosson Prize for Entrepreneurial Mentoring at MIT.
Prior to joining MIT, Aulet had a 25-year track record of success in business, having directly raised more than $100 million in funding for his companies and led the creation of hundreds of millions of dollars in market value in those companies. After working for 11 years at IBM, he was named an MIT Sloan Fellow, taking part in a one-year accelerated master’s program in management. Upon graduating, he became a serial entrepreneur, running two MIT spinouts as the president/chief executive officer (Cambridge Decision Dynamics and SensAble Technologies). The latter became a two-time Inc. Magazine 500 Fastest-Growing Private Company t. With a presence in over 20 countries, SensAble also won more than 24 awards and was featured in Fortune Magazine, BusinessWeek, The Wall Street Journal, and many other publications for its innovative products and strong business foundation.
In 2003, he was recruited as chief financial officer to co-lead a turnaround of security technology company Viisage Technology. During his tenure of two and a half years, and in a resource-constrained environment, Viisage developed a new strategy, overhauled its operations, made three major acquisitions, and executed two major fundraising rounds; as a result, its market value increased from $50 million to over $500 million.
His writings on entrepreneurship have been published by The Boston Globe, The Huffington Post, Xconomy, the Kauffman Foundation, MIT Sloan Experts, and the MIT Entrepreneurship Review.
A former professional basketball player, Aulet lives in Belmont, Massachusetts with his wife; they have four grown sons. Aulet . holds a bachelor’s in engineering from Harvard University and an SM from the MIT Sloan School of Management.
- Martin Trust Center for MIT Entrepreneurship
- Disciplined Entrepreneurship: 24 Steps to a Successful Startup
- A Tale of Two Entrepreneurs: Understanding Differences in the Types of Entrepreneurship in the Economy
- "Teaching Entrepreneurship Is in the Startup Phase," Wall Street Journal
- "Startup Stories Are Great Narratives, But Not Blueprints for Success," Wall Street Journal
- "Driving Innovation In Large Corporations II: Three Case Studies," MIT Entrepreneurship Review