Entrepreneurship is how entrepreneurs think and act. This allows individuals to identify and benefit from opportunities, change course, review mistakes, learn and move forward in context. Entrepreneurship provides the foundation for some to start a business project, and helps others to excel in any job.

Philosophically, it should be seen as unlocking our innate potential.

Entrepreneurship has been in the spotlight in recent years, especially in the face of uncertain times such as Covid-19 and a rapidly changing world. We also know that entrepreneurship is the key to better economic and social growth in any country.

Educators, too, are rapidly realizing the importance of preparing their students for success in this turbulent global environment. Students must keep up with this rapidly changing world to build careers and build a better society.

Experts believe that for students to master these new and evolving skills, teachers need to help them develop an entrepreneurial spirit. But experts also caution against bringing the typical business school approach into the classroom.

Significance of Entrepreneurship Learning

Entrepreneurship education should start at an early age and gradually progress through different educational levels so that students can absorb the process of lifelong learning. Due to its increasing importance, India’s National Education Policy (NEP) Draft 2019 outlines some unique steps to be taken to include it in school curricula.

Entrepreneurship knowledge won’t make everyone an entrepreneur, but it can certainly help you develop an innovative mindset that will help you excel in your education and life outside of school. .

Entrepreneurship is also not limited to economic activity or the creation of start-up companies, but embraces other areas of life, such as motivating students to think creatively and ambitiously and dedicate themselves to problem-solving. doing.

inspiring young mind

This line of education fosters greater creativity and innovative thinking abilities that enable and encourage students to plan, take risks and accept responsibility to succeed in challenging environments.

These learners also develop the ability to identify opportunities, think critically, find solutions creatively, and most of all, learn to transcend boundaries. Critical thinking, communication, and collaboration skills help individuals think positively, adapt to rapid change, and become more agile to support career development.

help students take action

Mentors should encourage students to take bold steps, create projects with small risks, and give presentations on their new business plans to potential investors. This will have a profound and lifelong impact on young minds. It helps them get out of the classroom mindset and get a start.

It also teaches students that other people’s opinions about products are far more important than their own, helping them reflect and get the most out of their products and experiments.

unleash latent talent

Teachers need to help students stop learning and relearn, help them think creatively, and encourage them to step outside of their comfort zone. Incorporating this area of ​​study into the school curriculum not only develops students’ knowledge, skills and attitudes that influence their academic performance, but also enhances their entrepreneurial capacity.

It also helps you find and hone your latent talents and act responsibly. Students develop the skills to learn how to ponder, identify potential audiences, seek approval from people, understand their needs, and market their ideas. You will also realize the importance of learning from your mistakes.

Entrepreneurship for social and national growth

Through public campaigns such as Atmanirbhar Bharat and Startup India, as well as private initiatives such as Shark Tank, youth awareness of entrepreneurship is unmatched.

This awareness and spirit can be channeled into national growth. Chanakya says ‘dharmasya moolam artha’. This means that right society and right conduct (dharma) rest on the foundation of wealth and resources (artha).

Entrepreneurs in any society have the primary responsibility to generate resources and create prosperity for people and the planet. This mindset is important and we are an influential university with this in mind.

road ahead

Entrepreneurship education, while still in its infancy, has become essential for everyone, especially in today’s uncertain world. A successful education system requires a lot of effort to rebuild and add to it.

Develop and implement innovative learning systems, create a strong entrepreneurial culture in all our high schools, and help the next generation to confidently navigate the new world and contribute positively to the growth of our country. It’s time to offer the skills and mindset of .

Sahil Aggarwal, CEO, University of Rishihood.

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