16 Aug How to Become an Entrepreneur
A successful entrepreneur!
There’s a school of thought that being an entrepreneur is in our DNA and we either have that tendency, or we don’t. Some are definite about their belief that people are pre-disposed with a personality for being an entrepreneur. Others disagree, including me.
How to become an entrepreneur can and should be taught in schools. Given the opportunity to learn about it, more will likely choose it. This nation, the USA, was built on and became great because of entrepreneurs. And they are the ones to take the lead in solving the current economic crises.
I suppose it’s true that not everyone wants to be an entrepreneur, but that doesn’t mean they couldn’t benefit from a few courses on entrepreneurship.
The only thing that might stop a person from wanting to be an entrepreneur is mindset. For instance, they:
- prefer to work for and with others for whatever reason feels right to them
- don’t want the risk or responsibility that goes hand in hand with being an entrepreneur
- don’t have that kind of drive or determination to succeed on their own
- don’t think they’re qualified
- aren’t comfortable with the idea
- simply aren’t interested
Still, they are capable of learning how to be an entrepreneur. They simply choose not to.
A 2002 Harvard Study revealed if you can convince college students they have what it takes to run a business, they’ll take to entrepreneurship.
“Basically, we’re saying to the students that being an entrepreneur is not a personality characteristic, it is a learned skill.” – Paul W. Marshall, the Harvard MBA Class of 1960, Professor of Management Practice and course head for The Entrepreneurial Manager.
What did you learn in school about becoming an entrepreneur?
Granted, I think the social component is important, as is the ability to read and write. But the practical lessons seem to be missing, and we lose our creativity and intuition with too much structure. It would be nice if in six years of elementary school a few hours were put aside for creativity and philosophy, as well as lessons on entrepreneurship, basic psychology and human behavior, or, my personal wheelhouse, money and investing.
In our workshops and seminars we show how to make money by becoming an entrepreneur, i.e. starting a business. Once in a while, kids join us. (I love that!) During one weekend in Orlando, FL, an 8 year old participated with her grandmother and brother. Not only did the young girl learn MBA level business and finance, but she was fully engaged and attentive, for three full days. Instead of spending her weekend watching TV or playing with a PDA, she was interested, and learning. It was quite satisfying.
And it makes sense. Look at all the kids who create lemonade stands or have paper routes. Kids want to learn and engage with each other, even if it’s to build a clubhouse! An education system that kick-starts curiosity and the pursuit of practical knowledge could push our youth into productive behaviors and use of their time, and maybe even spur an important innovation, or several.