Again, there seem to be lots of programs for schools too. The problem is that 
they are still boxed into a system where students and teachers are primarily 
taught and model conformity. 


https://www-entrepreneur-com.cdn.ampproject.org/v/s/www.entrepreneur.com/amphtml/245038?amp_js_v=0.1

Why Schools Should Teach Entrepreneurship
April 14, 2015

While immigrants who start businesses know they might fail, they have nothing 
to lose, Friedman points out. They are risk-takers and they are persistent -- 
both vital traits for entrepreneurs.

Because entrepreneurship fosters these kinds of character traits, it promises 
to benefit all students—not just those from low-income backgrounds. According 
to Paul Tough’s book, How Children Succeed: Grit, Curiosity, and the Hidden 
Power of Character, students who attend private schools are not world changers. 
The reason: These schools offer affluent parents “a high probability of 
nonfailure.”

In other words, affluent backgrounds often do not encourage kids to take risks 
and make mistakes, which are necessary for cultivating ingenuity. Perhaps if 
students were to study entrepreneurship, they would be forced to think outside 
the box, to fail and to persist -- experiences that would inspire them to 
become creative, inventive and innovative.

Additionally, entrepreneurship embraces talents and skills that teachers in 
conventional classrooms might otherwise penalize. “Entrepreneurs are anomalies; 
they don’t fit in,” Young says. They may not be “book smart” but thrive if 
given an opportunity to utilize their people smarts and risk-taking skills, he 
says.

Richard Branson, founder of the Virgin Group, is a good illustration. Branson 
often recalls how he was a bad student. And serial entrepreneur Bo Peabody 
similarly points out that entrepreneurs tend to be B students -- good at a 
variety of things, but not stellar at one thing in particular. It’s this 
ability to think broadly that allows these young people to complete the variety 
of tasks necessary in starting companies, Peabody says.

This famed venture capitalist's belief that entrepreneurs have limited 
attention spans is echoed by Anthony Pensiero, Pensiero, president of Pennwood 
Technology Group, says he has attention-deficit disorder and that because he 
was never medicated for it, he was able to channel his considerable energies 
into the endeavors that pointed him on the path to success.

Conversely, a prescription to the ADHD-drug Ritalin set Young on a destructive 
course until he met the mentor who told him he was an entrepreneur.

More reasons for entrepreneurship education include the likelihood that it will 
promote social and emotional well-being. Entrepreneurship might even correlate 
with happiness more than do other categories of business endeavors, according 
to a 2012 study of 11,000 MBA graduates from the University of Pennsylvania’s 
Wharton School of Business.

According to Wharton professor Ethan Mollick, who co-authored the study, the 
graduates studied who started their own businesses were for the most part 
“significantly happier” than others due to perceived greater control over their 
own destiny. It's no wonder, then, that well-known business schools such as 
Wharton, Columbia and Harvard are ramping up their entrepreneurship offerings: 
Student demand for these courses is on the rise.

Additionally, many business students are choosing social entrepreneurship -- 
doing well by doing good. According to the nonprofit Bridgespan Group, between 
2003 and 2009 the number of social-benefit course offerings at top business 
schools more than doubled, on average. Matthew Paisner, who founded Altru-Help, 
a website that connects users with local volunteer opportunities, says he's 
noticed growing “philanthropic virtue” among Millennials. Millendials, Paisner 
says, tend to favor working for socially responsible companies and don’t see 
profit and purpose as mutually exclusive. 

There is more good news here: Entrepreneurship education is making its way into 
some schools, thanks to forward-thinking people and organizations. Certain 
programs already encourage students to start their own companies as early as 
high school; and certain schools are working with venture capitalists and angel 
investors to fund kids’ startups. Other schools have made entrepreneurship 
courses graduation requisites.

Boldface names in business are signing up: This past January, AOL co-founder 
Steve Case and former Hewlett-Packard chairman and CEO Carly Fiorina headed a 
panel of businesspeople and academics, in which they called for the creation of 
a national competition in which teams of K-12 students would pitch their 
start-up ideas to judges.

Young entrepreneurs are making an impact as well. Emily Raleigh, a junior at 
Fordham University, is the founder and CEO of The Smart Girls Group, which 
“seeks to unite, inspire, and empower the next generation of influential 
women.” What started as a digital magazine, when Raleigh was a senior in high 
school, now consists of 12 distinct brands ranging from newsletters to online 
classes to a network of professional adult women.

Maya Penn, a 13-year-old TED talker, sells her own knit scarves and hats 
online, and donates a percentage of her proceeds to nonprofits. 
Sixteen-year-old prodigy Erik Finman, who recalls a teacher telling him to drop 
out and work at McDonald’s, founded the video-chat tutoring program Botangle 
and the startup Intern for a Day, which connects companies with potential 
interns who work for a day on a project that constitutes a vocational audition.

Given developments like these, traditional K-12 education -- the old "chalk and 
talk," memorization and regurgitation and bubbling in correct answers -- seems 
like the very nemesis of innovation.

As Albert Einstein once said, “If you always do what you always did, you will 
always get what you always got.” 

Related: Is Entrepreneurship Education Weakening in America? 

Copyright © 2017 Entrepreneur Media, Inc. All rights reserved.


Sent from my iPhone

-- 
-- 
Centroids: The Center of the Radical Centrist Community 
<[email protected]>
Google Group: http://groups.google.com/group/RadicalCentrism
Radical Centrism website and blog: http://RadicalCentrism.org

--- 
You received this message because you are subscribed to the Google Groups 
"Centroids: The Center of the Radical Centrist Community" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to [email protected].
For more options, visit https://groups.google.com/d/optout.

Reply via email to