It's been 3 days into a new term and it already feels like we are slogging for term exams! This term seems to have the toughest and not-so-interesting combination of subjects.
"Entrepreneurship" is one of the courses and on the surface seems like it has not many takeaways at the end. I just wonder if "Entrepreneurship" is actually a required course? Can Entrepreneurship be taught? In my opinion this is something similar to Leadership. Some people are just born with it - to become successful entrepreneurs or leaders. I agree that analysis and discussion of 10 or more cases in class do give insights into the various challenges faced by people in different situations, while they just started on their new ventures. But according to me, every situation in life, every opportunity is unique in its own way. Different people give the same data and facts different meanings. The "personality" of an individual also plays a significant role in the kind of decisions he/she takes. So there isnt "one best way" or "one golden rule" to success. You cannot teach people "persistence", "perseverance", "creativity", "self-confidence" , "drive", "ambition" and "risk taking". These are - to a large extent - imbibed in our personalities and hence very tough to "teach" them or inculcate them into us, if we lack one or more of it.
I feel that more vocational experiences and more chances to work together in entrepreneurial initiatives will help develop the "enterprise skills". Facing up to failures - seeing it as something from which we can learn, taking calculated and sensible risks, meeting challenges, networking et al. come from practice and not theory - is my opinion!
2 comments:
I tend to agree that Enterpreneurship cannot be taught. even though its hard to learn how to handle a certain scenario, we can learn how not to handle a certain scenario. The case studies and the formal education can be useful in educating about the common mistakes/pitfalls and to avoid them.
I am planning for a mba sometime soon and keep reading the ISB blogs. You people are doing a good job with the blogging, keep it coming.
Hey chota!
Just my 2 cents on this...when we were starting up, we went to a prof at L and asked him what we need to answer to take the plunge. He said: "Just ask yourself Do I have the Guts?. Thats all there is to it."
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