Hindustan Times ST (Jaipur)

Does owning a degree contribute to your entreprene­urial success?

- Vivek Jain feedbck@livemint.com The author is founder, CAclubindi­a

Entreprene­urship - What can one say about it? It can cover endless pages and lead to many chapters if one gets down to jotting the journey of an entreprene­ur and their contributi­on in our daily lives!

When it comes to entreprene­urship, the world has witnessed more of the odds, succeeding at the trade than any other. Given that nearly every successful personalit­y has to counter prejudiced attitudes, entreprene­urs are no exception.

Failure to present a degree at times can put one in a spot in front of a venture capitalist or an angel investor as for them degrees might be a proof of credibilit­y or a form of reassuranc­e of your ability to run a business.

On the other hand, remember no one can stop a determined entreprene­ur as a piece of paper can fall short in front of a great idea. The art lies in recognisin­g the opportunit­y, taking calculated risks and moving beyond the comfort level. India is home to several entreprene­urs emerging from all walks of life, belonging to different social and economic groups working day in and day out to ensure their ideas take the right form and deliver a credible product to the masses. This culture of entreprene­urship is an amalgamati­on of culture, gender, caste, creed among others.

The spirit of entreprene­urship can either come from within or can be developed through enriching experience­s or instances of enlightenm­ent in one’s profession­al life.

India, being one of the fastest developing countries, has experience­d a surge in emerging entreprene­urs; it’s not just taking baby steps towards entreprene­urship but also succeeding at it.

The likes of Azim Premji, Ratan Tata, Dhirubhai Ambani among others are among the esteemed personalit­ies of the business world whose struggle stories have encouraged the current generation of entreprene­urs. Their knowledge and business acumen have provided a base for the upcoming generation of entreprene­urial talents of the nation who in turn derive motivation and success lessons, as a direction to bring innovative ideas as a solution to the common man’s problems and to give shape to their ideas. India has had its own share of entreprene­urs like Mark Zuckerburg and Steve Jobs, college drop-outs who turned out to be success stories, setting up empires to speak for their accomplish­ment.

The question then is if college drop-outs make the best of creative minds for a successful business or is a college degree from a specific business school a must to have the managerial knowhow of a business venture for informed and assured decisionma­king, comparativ­ely?”

The answer to all questions is having the right vision.

A common thing among both kinds of entreprene­urs is a vision and a concrete belief along with a discipline­d approach to your vision.

It is very important to have a clarity of thought as well as an understand­ing of tools which are necessary for driving a venture.

If one knows their what path they want to take, it is the first big step to achieving success.

Therefore, one can safely conclude owning a degree is not a necessity for an aspiring entreprene­ur if one has the right vision and spirit.

 ?? AP ?? Owning a degree is not a necessity for an aspiring entreprene­ur
AP Owning a degree is not a necessity for an aspiring entreprene­ur

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