Dear All,
Being involved in Entrepreneurship Education for a decade on different capacities , in different business schools which includes IIM's too , and being a edu entrepreneur myself on the field of spiritual and management education, running an social beneficial enterprise, I can say that the education a person requires, starting as a career in entrepreneurship creating jobs, or becoming successful in that career is different then conventional job seekers.
In my career spanning 16 years , I have worked with many Entrepreneur's across the world, as there consultant and mentor , on trying to work with there business plan or Grant writing proposal or there business idea in a very nascent form, and I have seen one thing very common in them , there obsession on understanding how the ideas will get implemented .
It is these obsession on getting ideas implemented , makes an entrepreneur an entrepreneur. Academic education sometimes , do lack these aspect of application intensity, and they often stop at the level of understanding the idea , and getting a certificate or degree out of it.
It is these obsession on getting ideas implemented , makes an entrepreneur an entrepreneur. Academic education sometimes , do lack these aspect of application intensity, and they often stop at the level of understanding the idea , and getting a certificate or degree out of it.
With a certificate and a degree you can have also an economic growth , however of different level which often job seeker has, where you walk on the road which others has created for you.
But creating a job , is reinventing the wheel , and building your own road , it is hard and risky and chances of failure are more then an average job seeker would face in his life. But one thing is sure , you might not require too many academic qualification for these , but you require life long learning for it . You need to learn about your market , your customers , there preferences , why they would buy something from you and not from your competitor . You need to understand your competitor and there growth plans and how they are going to affect you in future . You need to even understand , how the macro economic factors work , and how your entire effort of life time , may be spoiled by an selfish and reckless politician creating in a policy on his personal interest. Most importantly you need to predict , not only about money , but about life , about the people who matters , and how much they would like to give time , on building your own organisation and stay away from them, and how much they will stand with you , when you will fail as chances of failure, is very high in these case .
You need also remember the fact , that Indian society and institution is still very hostile to a failed entrepreneur. The regular job market is still not open to an failed enterprenuer and most employer must perceive an hidden threat when a failed entreprenuer goes for seeking job. At the end of the day , you might end up marrying late and even to a divorcee , and living life in compromised situation , if you fail to learn enough , stay competitive and manage and save your cash right to move beyond the difficult situation.
Do you think its possible with a man who is not ready to learn life long from his failures , from other failures , from the failures of the Indian society , and failures of Indian Institutions ?
Swami Vivekananda puts it very aptly .. "You need to take risk , if you win , you will lead , if you fail , you will guide"
Swami Vivekananda puts it very aptly .. "You need to take risk , if you win , you will lead , if you fail , you will guide"
On a lighter note most failed entrepreneur becomes great educator and guide , you can count me on these :)
On Tue, Jun 4, 2013 at 4:00 PM, padma misra <misrapadma@gmail.com> wrote:
i think all this leads to discuss what do we define as higher education ....rather than targeting a degree that is..PHD..wouldnt it be better if the windows of the mind were allowed to be opened just a crack to let fresh air in..a PHD, MBA, MCA, MTech..etc....would be a formal higher education...but it does not mean that informal and sometimes parallel informal higher education does not or cannot exist...i still fail to understand..the relation between a persons..ability to setup and run a entrepreneurial venture...and the degree he or she holds...no use mixing up these things....an entrepreneur can be uneducated..but it doesnt mean that the self educating process will stop at a certain level...again as i said the existence of informal ..unstructured...higher education is a definitive possibility....but it requires an extraordinary amount of self motivation and self-discipline.so for the rest of us...we will make do with the formal structure....of higher education....:DOH yes ..and if you still have burning desire to learn or master or excel at something...you will after taking formal higher education ....pick up the threads of informal structure and go on to master skills and talents that could surprise people around you...and OH YOU CAN DO THAT ALSO..i Thought you were just a teacher, or a professor, or whatever... :DregardsDr. Padma--On Tue, Jun 4, 2013 at 12:46 PM, Ashutosh Pandey <ashutosh.18oct@gmail.com> wrote:Dear Esteemed MTCiansIts true that college drop out successful people are less in percentage but what really does matter is their impact factor.What i believe the impact factor of these less in percentage college dropouts are much more than the higher educated mass of people.Thanks & RegardsAshutosh PandeyMTCian & Academician.On Tue, Jun 4, 2013 at 1:30 PM, Satish Oberoi <oberoi50@yahoo.com> wrote:
There cannot be a complete answer on the subject. . . Education refines thinking and enables broader vision. This enhanced attribute creates a number of doubts and fears inducing inhibitions. On the other hand untrained and unrefined entrepreneur, without burden of doubts and fears, enters the competitive world in full resolve to achieve success. If luck is on his side, he will make it to the top. Since lady luck favors select few, we find large number of entrepreneurs fall on the wayside.When luck is supporting an individual, it implies he gets orders, gets guidance from qualified individuals, and funds are made available easily.Regards,Satish Oberoi
From: drjaganmohanreddy <drjaganmohanreddy@gmail.com>
To: join_mtc@googlegroups.com
Sent: Tuesday, 4 June 2013, 10:25
Subject: RE: [MTC Global]" Does Higher Education really matters"
--Education refines one's way of thinking and enables him to have a broader vision. But I for one don't believe education alone makes a complete man.The basic talent and traits are to be there which get further polished wirh the education. There are people who made it to the top despite not being educated. But a balance of the two , that is, , education with experience would be like icing on the cake.DrAJagan Mohan ReddySent from Samsung Mobile
-------- Original message --------
From: Virendra Goel <goel.virendra@gmail.com>
Date: 04/06/2013 09:14 (GMT+05:30)
To: join_mtc@googlegroups.com
Subject: RE: [MTC Global]" Does Higher Education really matters"
--I am a matriculate and I believe that not only I have been a successful industrialist and today I am invited to business schools for guest lectures. However, I have realized that if I had opportunity to complete my professional education, I could have perhaps achieved in one decade what took me three decades.RegardsVirendra GoelFrom: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of padma misra
Sent: Monday, June 03, 2013 11:47 PM
To: join_mtc
Subject: Re: [MTC Global]" Does Higher Education really matters"reading the title of this discussion..it makes me wonder....how many of the successful entrepreneurs are !0th fail and how many college dropouts.if education didnt matter than we can have all the companies and organizations and educational institutions run by college dropouts...Every successful entrepreneur has a mentor or a teacher or someone who supported emotionally or financially or socially....did we try to find out they were 10th fail and college dropouts...my argument is without finding out the situations that led to such remarkable successful businessmen...it would be a dis-service to so many educated people on this planet..yes education and higher education is must..its continuous improvement is event more important..which off course has a lot of ground to cover...that is the improvement part...:Plast of all Chankya....was also very highly educated.......so this is a non debate about whether higher education really matters...it does...only its form may change...from theoretical, to practical...experimental...it could be a high skill development...and PHD is just one of those things.... for researchbut please i know of people who are great researchers and yet dont hold a PHD...regardsDr. PadmaOn Mon, Jun 3, 2013 at 8:35 PM, Ashutosh Pandey <ashutosh.18oct@gmail.com> wrote:Dear Esteemed MTCiansWith due respect i would like to have an open discussion on the issue of higher education, P.h.D is going on as a very hot topic but are we really serving the purpose... 10th fail is a successful entrepreneur, college dropout is IT tycoon, do we need an example to prove.--Thanks & RegardsAshutosh PandeyMTCian & Academician--
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--Thanks & RegardsAshutosh PandeyMTCian & Academician--
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Associate Professor
Head (MBA Program)IIMT Management College, MeerutMobile no:09897141341
MTC GLOBAL- Educate, Empower, Elevate
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Sri Joydip
Managing Trustee & Founder,
Sri Joydip Ashram
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