Monday, December 1, 2014

Why Business Education is Favoured by Entrepreneurs

Source: bit.ly/1yinL4k

Here are a few stories about successful people who used their innovative ideas to create business opportunities and help people all over the world. 

There was a young businessman who had a great passion for different flavours of ice-creams. He needed to travel a lot and it was virtually impossible to carry frozen ice cream along with him. He often wondered if he could transport it in liquid form and later get it solidified. 

Another young flight attendant needed to be up-and-about and had to pack her bags every time she needed to fly. She hated packing. If only there could be a new luggage packing system that would make her life less complicated. 

Working as a freelance writer is not a very easy job when there is a baby crying in the corner of the room. A modern mom silently wished that she could have an app that could interpret what her baby needed every time he cried and that would give her peace of mind and the strength to balance life and work. 

A bride-to-be was never satisfied with shopping in stores or online. None of the clothes seemed to fit her less-than-perfect frame. She fell in love with the mPort, which is a phone-booth sized body scanner that helped her discover her own exclusive vital signs. She also found clothes that were just her size. 

All of these people who were benefitted by these gadgets and discoveries must have praised the people who invented them. The people who made these innovative and helpful things were in fact university graduates who were equipped with the latest tools and skills to become innovative businessmen. Now have a look at what universities have to offer when students approach them for their degrees. 

Approaching the University for A Business Course
 
A university offers more than just a degree. The learning experience is unique as it motivates interested students very naturally and inspires them to invent and become successful entrepreneurs. Look at the areas that universities lay emphasis upon so that they become successful businessmen. 

What Institutions Encourage
 
These institutions encourage design thinking in which creativity is encouraged and they develop a more analytical approach towards business. Very recently universities have started introducing courses in which the students are encouraged to build businesses of their own. They will be assessed on the basis of their innovative ideas and their practical approach. 

The Various Aspects of Business- A Practical Approach 
 
The students have the opportunity to work in a real-life situation and they perform the role of consultants of those clients who are not familiar with the world of business. They have a very clear picture about marketing, market research, value propositions, operational details, management structure, finance structure, infrastructure details and distribution channels. After reading about all these facts a question may come to one’s mind. What happens to students who want to be employed and are not currently interested in a start-up business? 

For Those Who Want A Job- It’s Guaranteed Too!
 
There are also students who aspire to get a job as a senior manager in a company. Universities also encourage such students to prepare themselves for such jobs. They are asked to step outside their comfort zone so that they can develop their entrepreneurship skills which are essential even as a manager. Every company is now focussing on being innovative and thus the employees are being trained accordingly. They have to constantly rethink and re-innovate so that they can change the way they are thinking about their business at the present moment. 

The students are also taught to pay attention to the demands of the market. They are also made aware of the fact that there are possibilities of risks and uncertainty in this world. If they face failures, they should have the courage to start over. This is commonly known as ‘flearning’. 

After reading about these countless possibilities it must be evident that a degree in business is very important and practically useful for anyone who wants to earn a living. Anyone can become an entrepreneur as a manager at work or as an owner of a business.There is only the provision for growth and innovation. The future is here and our choices lie before us. 

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