Study Shows College Can Boost Entrepreneurship

ltfezha
Wed, 30 Mar 2016 11:38:34 +0000

20 or 30 years ago, entrepreneurship classes focused on normal business skills, transactions, and business philosophies for small growth (management, hiring, yada-yada). I considered applying to a few college’s entrepreneurship programs, but once I looked at the curriculum, I was like “bro, wtf is this?”. The curriculum was bland and nothing new. An entrepreneurship program today needs to teach you the ropes of 21st century business building.

If an entrepreneurship program doesn’t mentor & teach you how to build pitches to banks and investors, you’re in the wrong program. Yes, you can go to a bank and get a loan, and sign and be done…but do you really need a degree for that?

Good solid entrepreneurship degrees help students build networks and skills for going from idea to pitch to money in the bank to work. That process takes time to understand and sometimes someone holding your hand. For young people, they need that. Mom and dad don’t know what a venture capitalist is. I think for people who want to play with “big money, big ideas” should probably consider an entrepreneurship program ( a good one, like Babson College). However, if you want a to start a franchise, you seriously don’t need a degree. An education will lay a foundation, discipline and expectations, but isn’t a must.

For those who want a START UP, not a BUSINESS, an entrepreneurship degree today will help (once a again, from a good school).

My 2 cents.