

Some institutions are trying to punch above their weight by setting up their own business incubators to offer seed funding. You will find that most business schools today run their own business plan competition or entrepreneurship program or a Bachelor of Entrepreneurship course to the least. Getting Early Access to LaunchpadĬut-throat competition and growing commercialisation have triggered most universities these days to introduce new ways to engage and inculcate learning in students. Here are five benefits that university education can offer you to boost your entrepreneurial skills: Pixabay 1.

A formal education or university degree has its value in many ways to help budding entrepreneurs embark into the entrepreneurial ‘Launchpad’. Disruptive styles of entrepreneurship, whether starting from a garage or pulling ideas from tissue paper, will continue to exist but the importance of formal education can never be ignored.

We see examples of both – a long list of college dropout, yet most successful entrepreneurs like Steve Jobs and Mark Zuckerberg, and also entrepreneurs like Sergey Brin or Larry Page – who invented the secret formula of Google during their PhD research. So, the essential question that comes to mind is: to what extent, can formal education play a role to sharpen entrepreneurial skills?īesides, the long-standing debate of whether entrepreneurs are born or made will continue to exist. The entrepreneurial space is evolving with rising tide of millennial entrepreneurs who do not bother to undertake a university degree and furthermore, loves the fad of being a ‘college dropout’. If you don’t agree yet, eat a Zollipop or know more about Alina Morse, famously known as kidpreneur.
#ADVANTAGES OF NON FORMAL EDUCATION FULL#
What do you see? Most of us would probably paint the picture of a young disruptive individual – may be a college drop-out, probably wearing a hoodie or t-shirt (or turtleneck), working from a garage or a nerd den, full of gadgets! You can argue – that is not the true reflection of all the entrepreneurs, but you cannot deny that there is a new breed of entrepreneurs who would continue to dominate the business world. Let’s picture an entrepreneur these days.
