You must have been wondering what is entrepreneurship education because there is no such coursework or discipline that specifically teaches about entrepreneurship. Yes; there is a discipline of business in which administration, management, and other such aspects of business ventures are taught but there is no such specific discipline of entrepreneurship. Have you ever wondered why that is so? Well; it is because entrepreneurship education is such an education that must be taught in almost every field.
Students coming from various disciplines try to attain excellent grades so they can excel in their professional careers. They even take the assistance of professional Assignment Writers so that they won’t lose grades even on their writing projects. Good grades are crucial but they are unaware of the importance of entrepreneurship education and neither are educational institutes concerned about it. This blog is meant to bring the notice of all the educational institutes and the students about the role of entrepreneurship education on students’ attitudes.
What is Entrepreneurship?
In the simplest words; entrepreneurship can be define as the process of starting, organizing, and creating a new business in an effort to have financial gain. To generate a profit, a financial risk is taken by the owner. The whole purpose of entrepreneurship is to extract economic value from the ongoing project.
Students who buy the “Pay Someone To Do My Assignment Services” go through the same financial risk but their profit is not an economic gain rather it is of academic value. However; if a student will have an entrepreneurship education then he will be able to critically analyze the online site and will be able to evaluate whether the site is authentic or not.
Pieces of advice from some of the best entrepreneurs in the world:
The following are some of the names who are consider the best entrepreneurs in the world:
· Bill Gates:
He is the most famous entrepreneur in the world. He is a co-founder of Microsoft software companies. One of the main attributes of good entrepreneurship that students can learn from Bill Gates is to never be over-confident and always be ready for failure.
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
· Jeff Bezos:
You might have been familiar with Amazon (the biggest online retailing site). Well; it is Jeff Bezos who is the founder of this platform. The thing that students can learn from him is that you must be ready to take a risk and be innovative if you are willing to succeed.
“To invent you have to experiment and if you know in advance that it is going to work, it’s not an experiment.”
· Mark Zuckerberg:
He is the co-founder and CEO of the world’s largest social media platform which is Facebook and now Meta. He is one of the youngest billionaires and entrepreneurs in the world. The word of advice that Mark Zuckerberg has for aspiring entrepreneurs is to choose the team carefully.
“I always tell people that you should only hire people to be on your team if you would work for them.”
· Steve Jobs:
Steve Jobs was also one of the most famous entrepreneurs in the world as he was the founder of the most successful electronic company which is Apple. Steve jobs focused on team effort and having collaborative measures to succeed in the field.
“Great things in business are never done by one person; they are done by a team of people.”
Besides these; there are many other such entrepreneurs including Elon Musk, Howard Hughes, and so on.
What is taught in entrepreneurship education?
The first thing that readers need to clear their minds with is that there is a world of difference between an entrepreneurship class and a business one. An entrepreneurship class is one in which students are taught the skills, behavior, and knowledge of how to have an entrepreneurial mindset no matter from which field they are coming. The following things of entrepreneurship education are teach to the students;
- Learns the practices that entrepreneurs use to create and test a business.
- Problem-solving and collaborative skills are taught.
- Students are teach how to face and overcome failure.
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Role of entrepreneurship education on student’s life:
Strong intellectual and conceptual foundations, drawn from the fields of entrepreneurship and education are need to strengthen the entrepreneurship courses even more (Fayolle, 2018). Now; it is the part where readers will get to know why entrepreneurship education is important for every student; no matter from which discipline or grade he is coming.
1. Preparation for unforeseen events:
Everything is a competition nowadays. It is a race in which everybody wants to win but obviously, not everyone gets the chance. So; entrepreneurship education prepares the students that if they face such disappointing events, they will be able to regain their strength and create chances for themselves. It is this education that teaches students to learn from failure and to overcome it rather than be disappoint.
2. Improves creativity:
Entrepreneurship education is not about giving the answers from the book or following the given syllabus. It is about dealing with real-world problems with a real solution. Students are teach to come up with creative inventions to be able to become successful entrepreneurs or to be able to be creative in their respective lines.
3. Incorporates problem-solving attitude:
When life gives you lemons; make lemonade out of it, is a famous quote. Well; students learn to make lemonade out of lemons through entrepreneurship education. It is taught in this form of education that when you are face with problems or issues, do not hesitate or get scare rather face them and try to solve them to your best capacity.
4. Enhances leadership skills:
Entrepreneurship is all about inventions and coming up with your thought process. All these forms of attributes impart leadership capability to you. It is because when you have a certain idea, you try to create and shape it with your leadership abilities. This leadership quality is not only need to start a new venture but can also prove to be useful in inculcating confidence in you to excel in your respective field no matter the position.
5. Identification of problem:
It is often said that having a problem-solving attitude is a good trait. But it has rarely been discussed that the first step is to be able to recognize the problem. Sometimes the problem is in front of you and you cannot identify them. However; entrepreneurship education teaches the student to be able to spot the problem so that he can fix it on time.
6. Grasps the opportunity:
Entrepreneurship education gives enough knowledge to the student that he can differentiate an opportunity from a miss. So; whenever any opportunity is throw his way, he is able to detect it and grasp it according to his needs.
Sometimes it is better to take extra knowledge along with the course that you are taking. This extra knowledge can prove to be really helpful in various spheres of your respective field especially when it is entrepreneurship education. Hopefully; this blog will help the readers in understanding the importance of taking entrepreneurship education. And how it changes the attitude of students towards life.
Fayolle, A. (29th June, 2018). Personal views on the future of entrepreneurship education. In A. Fayolle, A Research Agenda For Entrepreneurship Education (pp. 127-138). Edward Elgar Publishing.
Masteressaywriters. (2022, Sep 22nd). COMPLETE BIOGRAPHY OF ELON MUSK-A SUCCESSFUL ENTREPRENEUR. https://masteressaywriters.co.uk/blogs/complete-biography-of-elon-musk-a-successful-entrepreneur.