2021 uiguides
67
edits
Changes
no edit summary
Within the context of the 21st century, Entrepreneurship has been highly romanticized as an easy way to make a living and avoid the corporate lifestyle. Through the influence of the movie The Social Network, the TV series Silicon Valley, and the media surround other Tech Unicorns, many students believe that Entrepreneurship is easy and that every business idea will generate a multi-million dollar income. However, Entrepreneurship is much more challenging and requires an incredible amount of preservance. To emphasize this idea, an event considering the trials of real Entrepreneurship should be available for students to gain a realistic perspective.
'''Tactic #1: ''' Dedicate class time to go over strategies for overcoming failures. While this may seem elementary for students, it is critical that they understand how to learn from failure, and how to accordingly recover. This will not only give them greater success in their ventures, but also in all of their personal endevors. '''Tactic #2: '''Highlight popular failures of Entrepreneurial Ventures and explain why they were a failure. By using both small businesses and even once successful businesses as case studies, students will understand that no matter what stage of development a venture is at, it has the potential to fail. Recognizing this point will demonstate the importance of always understanding the environment the business have targeted itself towards.