Why University Level is the Ideal Start-up Platform for Students?
Reasons why universities should encourage student towards entrepreneurship:
The number of Universities over the world providing innovations and assisting students for aspiring entrepreneurship is growing world wide.
Students who want to establish their own set-up should start in a small level. Lots of people think that it takes a lot of money and luck or something extra to be a successful but it takes only a really hard work and positive attributes to be successful.
To be a successful entrepreneur, every individual should follow his passion. All those people who identify their passion to work according to their ability and skills are the most victorious people.
Bill Aleut, managing director of the MIT Martin Trust Center for Entrepreneurship, says that,"entrepreneurship is fundamentally about having control over one’s destiny."
To make your density every-individual has to start-up their own start-up, because there are now thousands of examples of students set-ups and no shortage of highly success.
It's fundamental that universities should offer academic courses in entrepreneurship, start-up workshops, seminars and projects for students to seeking initiate their own companies.
To make a successful and emerging entrepreneurship environment, University instructors should provide mentor ship and programs that offer training ,funding and how to work with community entrepreneurs.By all these entrepreneur will become persistent and responsible.
One of the most effective way is by creating university level entrepreneurship competition and challenges. which can make students more passionate about entrepreneurship and sustainabilitly.
There are huge advantages of establishing setups in university level but six effective and important pros of startups are following;
1) Reverse Innovation :
Reverse innovation is reverse of traditional approach to innovation. It is a process whereby goods developed as cheap models to meet the needs of third world nations, such as battery-operated medical instruments in countries with limited infrastructure, are the repackaged as low-cost innovative goods for development countries.
Reverse innovation is not about reducing cost but doing more with less.
University students always come with innovative ideas and appropriate and effort-able solutions that's why university entrepreneurship plays a tremendous role in reverse innovation.
2) Financial freedom:
This is One of the extremely beneficial to individuals. If the business is successful, it can bring amazing financial reward and student can pay their own expenses and allowances.
Student can able to learn financial decision practically; like how to budgeting, saving and investing etc.
3) Social entrepreneurs:
social entrepreneurs who are driven by bringing social change by creating new venture addressing social problem and demonstrate an entrepreneurial mindset. It could be also important part of universities and enormously effective in helping students think about entrepreneurship in term of impact rather than profit or loss.
4) Students can effort failure:
University is about creating experiences and the best time of life to experiment with different ideas.And Business is about taking risk and experiencing failure or success.
5)Time and automatic support:
University years are time of experiences and exposure.
students have all the time for trail and errors for success and perfect business plan and also a good chance to accelerate career in business.
University students can get ideas and help from their colleagues and professors.
6) Impact on employment :
Most of the developing countries are suffering by severe unemployment. The best way to solve this basic problem is to increase entrepreneurs which can reduce the rate of unemployment in youth.
entrepreneurs can also play a vital role in job creation and providing opportunities to others students.
__________________________________
@sharifablogs #entrepreneurship#universitystudents #starttoday @blogger
Comments
Post a Comment