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How to Kickstart your Entrepreneurial Ambitions with Higher Education

How to Kickstart your Entrepreneurial Ambitions with Higher Education

What has characterized the 21st century is the exponential number of changes brought forth by technology. It has disrupted the way of life uthor

nd improved how we acquire new skills. It has also reshaped how institutions provide their services, unlike any other time.

The presence of augmented reality, social media networking, wearable technology, virtual reality (VR) mobile and others have redefined how everything used to be done. Nowadays, most of us have to be in the never-ending school of learning new competencies.

An Overview of Higher Education

There are examples of higher education institutions already putting in place academic programs tailored towards what employers typically seek. In other words, there is a shift towards skill-based learning, which will prepare aspiring students to find a much more relevant career path. As 2016 comes to a close, three forces have revamped how we learn and teach. We will witness different pathways to higher education, experimentation with new teaching models and a student-driven curriculum.

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A TechRepublic analysis confirms colleges have already started implementing various pathways to higher education beyond the traditional model. The following are examples of skill-based learning:

  •         Competency-based education (CBE)
  •         Massive Open Online Course
  •         Education business collaboration
  •         A headstart with earning college credits in high school

To get the most relevant education and experience from the marketplace approximately 600 schools have designed a skill-based learning program. This means future professionals will benefit from having the skills they really need versus having an academic curriculum that is not quite adapted to what employers are looking for.

The other teaching experiment that has yielded positive results is the use of massive open online courses (MOOCs). There are details still to be worked out with trying to find the right business model that can finance this educational framework. Elsewhere, academic entities and businesses have started working together more closely. One of the many benefits of teaming up is giving students the experience needed to land a job with a successful company. At the same time, the curriculum gets more personalized and readies students to prospect effectively employers that are a right fit.

Finally, one way to get a quick start is taking college level courses in high school. The benefit is reduced tuition and you end up earning college credits before embarking on your college career.

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The Evolution of Entrepreneurship and Redefining It

An entrepreneur is someone who exercises initiative by organizing a venture to take benefit of an opportunity. It is also can be someone who has an idea and applies it to improve processes for whatever undertaking. Entrepreneurs over the course of human history have come from all walks of life.

The following infographic illustrates where entrepreneurs got started and where they are at the present time:

Evolution of an Entrepreneur

    As the above visual graphic illustrates entrepreneurs have evolved since the renaissance. We first had renaissance tradesmen and then came the colonial expansion. After that, the industrial revolution produced a handful of novelties, inventions, and innovations. All of this catapults the 20th century followed by the information age with the internet reaching global reach on a massive scale. Then comes the internet, e-commerce along with innovative companies like Google, Amazon, Etsy, eBay, etc.

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    And this leads to the next phase of what entrepreneurs will be doing in the future.The era where holding a job for an indefinite amount of time or a number of years does no longer apply to entrepreneurial people. Individuals in this group see what new models can be tested and exploited. Sometimes having that bachelor’s degree does not land you the ideal position or career you want. As this post from  Concordia University points out, a master’s of business administration (MBA) can especially produce successful outcomes on the road to success.

    Going back to the University or college lets you network with professionals established in their field. You also get to know people outside of your industry letting you learn all of the ins and outs. And being surrounded by talent just allows you to get immersed in different environments that will nurture your own professional development.

    As a Harvard Business Review paper thoroughly suggests there needs to be a revision into expanding the definition of entrepreneurship. Furthermore, large size businesses, enterprises, corporation and more must evolve their management practices. This means moving rapidly from employee management practices to fostering entrepreneurial management practices.

    Conclusion

    These rapid and disruptive changes have altered the traditional dynamics within the realms of education and entrepreneurship. Not only has education had to evolve but really reorganize the teaching material to meet the demands of the skills needed in the 21st century.

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    Institutions have begun rolling out new models of learning, new strategies of acquiring knowledge for professionals and entrepreneurs. Today unlike any other time, a startup culture has been born.

    Companies like Google, Facebook, Twitter, Amazon and a host of others were started by a few regular people passionate about an idea. None of these companies were built overnight, but those who pursued the project to the very end saw a great reward that follows from hard work and sacrifice.

    Featured photo credit: UNCG Research via Flickr via flickr.com

    More by this author

    Anthony Carranza

    Educator, contributing writer and experienced journalist.

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    Last Updated on September 20, 2018

    7 Powerful Questions To Find Out What You Want To Do With Your Life

    7 Powerful Questions To Find Out What You Want To Do With Your Life

    What do I want to do with my life? It’s a question all of us think about at one point or another.

    For some, the answer comes easily. For others, it takes a lifetime to figure out.

    It’s easy to just go through the motions and continue to do what’s comfortable and familiar. But for those of you who seek fulfillment, who want to do more, these questions will help you paint a clearer picture of what you want to do with your life.

    1. What are the things I’m most passionate about?

    The first step to living a more fulfilling life is to think about the things that you’re passionate about.

    What do you love? What fulfills you? What “work” do you do that doesn’t feel like work? Maybe you enjoy writing, maybe you love working with animals or maybe you have a knack for photography.

    The point is, figure out what you love doing, then do more of it.

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    2. What are my greatest accomplishments in life so far?

    Think about your past experiences and the things in your life you’re most proud of.

    How did those accomplishments make you feel? Pretty darn good, right? So why not try and emulate those experiences and feelings?

    If you ran a marathon once and loved the feeling you had afterwards, start training for another one. If your child grew up to be a star athlete or musician because of your teachings, then be a coach or mentor for other kids.

    Continue to do the things that have been most fulfilling for you.

    3. If my life had absolutely no limits, what would I choose to have and what would I choose to do?

    Here’s a cool exercise: Think about what you would do if you had no limits.

    If you had all the money and time in the world, where would you go? What would you do? Who would you spend time with?

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    These answers can help you figure out what you want to do with your life. It doesn’t mean you need millions of dollars to be happy though.

    What it does mean is answering these questions will help you set goals to reach certain milestones and create a path toward happiness and fulfillment. Which leads to our next question …

    4. What are my goals in life?

    Goals are a necessary component to set you up for a happy future. So answer these questions:

    Once you figure out the answers to each of these, you’ll have a much better idea of what you should do with your life.

    5. Whom do I admire most in the world?

    Following the path of successful people can set you up for success.

    Think about the people you respect and admire most. What are their best qualities? Why do you respect them? What can you learn from them?

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    You’re the average of the 5 people you spend the most time with.[1] So don’t waste your time with people who hold you back from achieving your dreams.

    Spend more time with happy, successful, optimistic people and you’ll become one of them.

    6. What do I not like to do?

    An important part of figuring out what you want to do with your life is honestly assessing what you don’t want to do.

    What are the things you despise? What bugs you the most about your current job?

    Maybe you hate meetings even though you sit through 6 hours of them every day. If that’s the case, find a job where you can work more independently.

    The point is, if you want something to change in your life, you need to take action. Which leads to our final question …

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    7. How hard am I willing to work to get what I want?

    Great accomplishments never come easy. If you want to do great things with your life, you’re going to have to make a great effort. That will probably mean putting in more hours the average person, getting outside your comfort zone and learning as much as you can to achieve as much as you can.

    But here’s the cool part: it’s often the journey that is the most fulfilling part. It’s during these seemingly small, insignificant moments that you’ll often find that “aha” moments that helps you answer the question,

    “What do I want to do with my life?”

    So take the first step toward improving your life. You won’t regret it.

    Featured photo credit: Andrew Ly via unsplash.com

    Reference

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