Education and Entrepreneurship

Education Revolution To Focus On Entrepreneurship

Employment rates and business start-up rates have both fallen significantly among millennials. The No Child Left Behind / Elementary and Secondary Education Act of 2002 in our education system, which while good intentioned, has driven our educational system in the wrong direction, with far too much emphasis being placed on test scores, and not on true student outcomes. There is more and more pressure today to get an advanced degree, yet our college students are graduating with a huge amount of debt and few prospects of jobs that will provide a return on investment for their degree.

Why do we require subjects like Algebra, Geometry, and Calculus of our high school students but we don’t teach them basic skills in personal finance in many cases?

We need an education revolution to focus more on creative problem solving, entrepreneurship, and career opportunities starting in elementary and middle school.

Competition over students has forced colleges to invest billions of dollars in fancy dorms, dining halls, athletic facilities, and Disney-like campuses, all of which has caused college tuition to skyrocket, and none of which helps students be more career-ready. Meanwhile, colleges have become very savvy marketers and they are ones pushing the myth that everyone needs an advanced degree.

There’s a reason why many of America’s most successful business owners are high school and/or college drop-outs. In years of research on the subject, I have come to believe that if we want to jumpstart small business in America, we need to revolutionize our educational system. We should start focussing on building entrepreneurial and creative skills among our youth, instead of “teaching to the test”, if we want to experience an economic boom beyond anything we’ve ever seen!

Coursework for business majors and graduate business students focuses on management styles, organizational management, risk management, and advanced accounting and finance. At this level, education equips the student to thrive in a corporate environment, especially as part of a management track. Business education that is geared toward high school students serves as a general introduction to available careers and success in the workplace. Undergraduate business education courses for non-business majors teach students to communicate effectively across diverse disciplines and may include coursework on interpersonal communication, general accounting and finance and business writing.

Specific objectives of business education may vary by educational institution, specialty, and, in case of corporate-sponsored training and education, an organization’s values and mission. However, in general, we need an education system that encompasses several disciplines of business at elementary level. This will enable people to think, speak and behave in ways that support the growth, efficiency and effectiveness of an organization or several organizations.

Non-credit continuing education, such as workshops, seminars and lectures, appeal to a wide range of professionals, including small business owners, prospective entrepreneurs and others who have no formal exposure to the business world. When an employer provides business education opportunities for its employees, it does so to introduce new concepts, reinforce existing practices or promote new ways of thinking that benefit the organization. For example, it may support a procedural change or the addition of new types of technology to replace older, less efficient processes.

As options for learning continue to expand, a growing number of entrepreneurs are offering different kinds of courses to their employees. Most of these courses are web-based and help employees learn new skills to help them in their career. It also keeps your staff on the cutting edge. Instead of sending your employees to expensive training seminars or bringing in pricey consultants to train on site, start-ups and growing businesses should strive to save both money and time by using tools for online training, including webinars, videos and apps rather than. Contact HyperEffects to help build such tools for your company.

Gone are the days of sending employees off to a two-day, in-person class. Online training serves as a 24/7 resource that the learner can access anytime, anywhere at their own pace from any device. Companies with fewer than 500 employees also represent one of the fastest-growing markets for online learning libraries that offer thousands of video courses. Every day more and more small businesses are turning to online training for cost, quality, and access reasons. It’s simple to use.

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