There is as yet no consensus on how to teach entrepreneurship, or even on the appropriate goals of entrepreneurship education. This paper examines a new paradigm in entrepreneurship scholarship that also has implications for entrepreneurship education. The foundation of this new scholarship is the concept of "effectuation." Effectuation holds that expert entrepreneurs tend to launch their activities based on the means they control, rather than on the goals they set. Stemming from this research is the notion that something like an "entrepreneurial method" underlies entrepreneurial activity. This method is akin to the better-known scientific method. The latter has been explicated over centuries, while the entrepreneurial method is a new paradigm. This paper provides some background on the entrepreneurial method and its implications for entrepreneurship education.