10 Essential Lessons for Entrepreneurial Education

  • 4th May'20
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What is Entrepreneurial education?

 

Entrepreneurial education is technically basic education for anyone with entrepreneurial ambitions. It's the life-changing expertise that eminent entrepreneurs have had on their entrepreneurial journey. This education isn't essentially schooled in a very room, it's fluid, and it impacts every budding businessperson in his/her distinctive method. 

 

Formally, Entrepreneurship education is defined as “a collection of formalized teachings that informs, trains, and educates people interested in socioeconomic development through hands-on projects. This helps to promote entrepreneurship awareness, business creation and small business development. Thus, Entrepreneurship-focused programs will help aspiring entrepreneurs learn crucial life skills that will help them navigate in their entrepreneurial journey. These skills include problem-solving, teamwork, empathy, as well as learning to accept failure as a part of the growth process.

 

10 essential entrepreneurial lessons

 

Here we are going to focuses on ten of the foremost crucial entrepreneurial lessons you'll learn from eminent entrepreneurs:

  1. Time is not money. It is more!
  2. Smart work supersedes hard work
  3. Creativity is critical
  4. Discipline is a virtue
  5. Failure isn’t necessarily bad
  6. The customer is not always right
  7. Marketing shortcuts are expensive in the long run
  8. Your business is only as good as your team
  9. Self-belief is key
  10. Your personal brand is equally as important as the company brand

 

To read in detail about Entrepreneurial Education, click on the link below:

https://rescue.ceoblognation.com/2020/05/03/10-essential-lessons-for-your-entrepreneurial-education/

 

These 10 essential entrepreneurial lessons can help you become a successful entrepreneur. These lessons can be applied in our professional as well as our personal lives. If each points are implemented properly, then we can achieve growth and happiness.

 

You can also read these related articles:

Entrepreneurship Education to avoid Start-Up Failure

https://www.entrepreneur.com/article/336487

How Does the Entrepreneurship Education Influence the Students’ Innovation?

https://www.frontiersin.org/articles/10.3389/fpsyg.2019.01557

How Important Is Education to Entrepreneurial Development?

https://knowledge.insead.edu/blog/insead-blog/how-important-is-education-to-entrepreneurial-development-4164

 

We, at OpenGrowth, are constantly looking for innovative and trending start-ups in the ecosystem. If you want to have more information about entrepreneurship or start-up basic, then do let us know in the comment section below.

 

Contributor: Akriti Verma

She is a creative, ardent and vivacious individual. She is passionate about bringing change through technological innovation by challenging the status quo. Through OpenGrowth University she envisions to empower and enable individuals with innovative ideas to pursue and excel in their entrepreneurial journey. She loves to paint and write poems.

*Note: The content published above was made in collaboration with our members.

About the author:

Editor , OpenGrowth Content Team

The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us.


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