On Saturday afternoon I met a young woman at the local gym who has four years in academic entrepreneurship training but has yet to start something of her own.
She is now selling subscriptions to the gym to hone her selling skills. After close to five years she still doesn’t have any clue about what she could start herself.
This is the way it goes for many would-be entrepreneurs. She has spent R200,000 ($20,000) to learn how to be an entrepreneur from a so-called top academic institution but still has nothing to show for it. You’d think that completing a degree in entrepreneurship would move you a lot closer to finding an idea to start your own business. But many people just try to get a degree certificate to have some paper behind their name. Yet after completing a four-year entrepreneurship degree you have to pay a lot back if your parents are not financing your education or if you were unable to get a study bursary. Continue reading “What does it take to start something of your own?”