How Can Schools Encourage the Next Generation of Entrepreneurs?
Education has taken time to catch up with the computer, modern careers and the world generated by the internet. Investment and modern trends in the last 25 years have enabled the old fashioned didactic teaching methods to be thrown away. New methods of teaching are clearly in evidence.
However, that is the teaching methods, what about the careers advice? So, while the careers available to todays 18 year olds, are very far much different from the professional ones available after the Second World War - such as accountancy, law, banking, medicine and other such safe professions varying from veterinary science to architecture, schools and education are still struggling to promote these 'modern' careers.
These more modern careers are often considered insecure or unsafe. You can never recommend anyone to become a rock musician as the statistics for failure are too great, only a few make a living let alone are successful. Hence schools would consider themselves unworthy and unsupportive to encourage any student to go out and trade. 'Yes, go and be an entrepreneur, experience failure'. Hardly the words of a caring careers teacher or mentor.
Yet schools and education establishments are yearning for the break through moment when they can recommend a student to experiment, experience real life and try.
Dancing, music and acting schools are there for those blessed with such talents to harbour their desires. Many go through them and many fall by the wayside, take a day job and dance, play music or act as a serious hobby. A few make it and even fewer make it big. But they all, almost certainly gain an awful lot from the teaching, grounding and social experiment of attending such a worthwhile tertiary education.
So why not have 'schools for entrepreneurs'? Basic skills in marketing, selling, accounting and operations can be taught against the backdrop of modern distribution methods, the internet effect and trade within and outside the UK.
Ideas can be encouraged and how to set up a new business can be taught. This can be alongside, when and how to seek good professional advice. The role of adequate finance and experience can be fed in to any such course. However the fundamental should surely be to harbour the germination of ideas and understanding clearly the marketplace, the price of delivering a good service to a customer and other such worthwhile traits to harbour successful business.
Ideation, is a subject on its own. Legendary service, is a key to success. Failure, is an experience from which to learn.
Schools must not shy away from any of these and the more they can encourage such activity and behaviour in their students the more budding entrepreneurs will emerge from our education system. Schools have a role, not just entrepreneurial academies, and business study courses must open their eyes and enable those in business to talk to those studying. The sharing of experience and years doing it can only help the cause immensely.
Have a great week ahead. Please share your comments on this article below and connect with me on: Twitter, Facebook, LinkedIn. For more insight into the behaviour and characteristics of entrepreneurs read Drive Like a Real Entrepreneur.