Don’t Go to College | The Ambition Show | Episode 16

In-order to be a successful entrepreneur, having a college degree is not a requirement. In fact, to be an entrepreneur in general a college degree is not needed, yet the trend and lure of becoming the next Mark Zuckerberg or Elon Musk has fueled institutes of higher learning to create programs designed to “teach entrepreneurship”.

Schools such as MIT, Wharton, and UIC are offering degree programs.  I argue that unlike medicine and law, entrepreneurship is not an industry or practice, it is a lifestyle, degrees in entrepreneurship are a waste of time and money and the only degree needed is one in a specific discipline such as medicine, accounting, computer science, etc.

 

Data directly supporting angle
Research:  Increasingly, education research emphasizes the importance of students being provided authentic experiences, focusing on action and behavior as well as theory and concepts   Inviting practicing entrepreneurs from a local community to the classroom or engaging entrepreneurs-in-residence are some common approaches (Mwasalwiba, 2010). Such examples are used to make the role of entrepreneur more tacit and to energize the classroom with stories from real-life experiences (Ramani et al., 2018).
Author	Stephanie E Raible and Karen Williams-Middleton
Name of publication	The relatable entrepreneur: Combating Stereotypes in entrepreneurship education
Link	https://journals.sagepub.com/doi/full/10.1177/09504222211017436

 

 

Data directly supporting angle
Research: A previous study conducted [37] to assess the performance of business incubators concluded that they provide business support services to clients, which may include training, mentoring, access to funding, etc.
Author	Cai Li,Naveed Ahmed, Sikandar Ali Qalati ,Asadullah Khan, and Shumaila Naz
Name of publication	Role of Business Incubators as a Tool for Entrepreneurship Development: The Mediating and Moderating Role of Business Start-Up and Government Regulations
Link	https://www.mdpi.com/2071-1050/12/5/1822/htm

Data directly supporting angle
Research: A review of early randomised evaluations of entrepreneurship training programmes found the evidence for their effectiveness to be underwhelming (McKenzie and Woodruff 2013). Most of these evaluations found that training leads to some improvement in business practices, failed to find statistically significant effects on business profits or sales
Author	Senior Editors: David McKenzie and Christopher Woodruff  Co-Editors: Kjetil Bjorvatn, Miriam Bruhn, Jing Cai, Juanita Gonzalez-Uribe, Simon Quinn, Tetsushi Sonobe, Martin Valdivia
Name of publication	Training Entrepreneurs
Link	https://voxdev.org/sites/default/files/Training_Entrepreneurs_Issue_2.pdf

Data directly supporting angle
Research:  Chang, J., & Rieple, A. (2013) examined the objective of this paper is to offer an exploratory study that analyzed the development of student’s entrepreneurial abilities with time within real-time tasks. In this research, students functioned along with real‐life entrepreneurs as well as financiers. Students' perceptions of their skills were analyzed making use of both quantitative and qualitative data, which were gathered throughout weeks 1, 6, and 12 of the program. The outcomes revealed considerable adjustments in students' understanding of their skills in time. Initially, students were certain regarding their capacities across the 17 classifications of entrepreneurial abilities developed by Lichtenstein and also Lyons and also Lyons and Lyons. In the future in the jobs, their confidence in specific abilities declined significantly; what these were varied according to the moment of data collection. The qualitative data supplied extra in-depth accounts of trainees' understandings of their abilities and also why they had actually changed in time. This study makes a contribution in giving understandings right into nature as well as the practice of an experiential learning approach. The results indicate that the development of business skills can be improved by offering a learning environment in which students connect with real organization people in live tasks.
Author	Dr. J. Jose Prabhu
Name of publication	A Study and Analysis of Entrepreneurial Skills and Entrepreneurship Education: Recommendation for Arts and Science College Students
Link	https://www.researchgate.net/publication/340350373

Data directly supporting angle
Research: Many of the generic skills that HEIs emphasize in their curricula (see Voogt and Roblin, 2012) are similar to entrepreneurial competences—for example, creativity and problem-solving (Bacigalupo et al., 2016; Kozlinska, 2016). Although non-entrepreneurship teachers’ course content and learning objectives align with the business school’s objectives, our findings clearly indicate that the respondents unintentionally expose their students to various entrepreneurial competences. To a varying degree, non-entrepreneurship teachers use teaching methods and formulate learning outcomes that may enhance students’ entrepreneurial competences when learning about non-entrepreneurship subjects. This implies that the embeddedness of EE in non-entrepreneurship education is not only possible but is already taking place. However, we identify that non-entrepreneurship teachers do not cover all the entrepreneurial competences defined by the EntreComp framework (Bacigalupo et al., 2016). For instance, there were no clear examples of the competences of opportunity recognition or mobilizing others and resources embedded in non-entrepreneurship teaching. Accordingly, it seems that, at least in the business school context of this study, (intentional) EE is needed to support the development of these competences.
Author	Pekka Stenholm, Joachim Ramström, Riikka Franzén, and Lenita Nieminen
Name of publication	Unintentional teaching of entrepreneurial competences
Link	https://journals.sagepub.com/doi/full/10.1177/09504222211018068

Data countering angle or argument
Research : Some studies have found that the support provided by universities is crucial to the success of both students and graduates who are starting businesses (Morris et al., 2013). Few enterprises achieve initial success without external support, including from colleges (Schleinkofer and Schmude, 2013). Although a consensus has not been reached on whether entrepreneurship can be encouraged through education, a significant amount of literature on this issue [1–5] acknowledges the positive contribution of entrepreneurship education on the development of people’s know-how, skills, as well as on the enhancement of entrepreneurial attitude and intention. As for the integration of entrepreneurship education into higher education, studies [6,7] stress its importance, so that 21st century universities can become important engines of technological development and economic growth
Author	Gabriela Boldureanu, Alina Măriuca Ionescu, Ana-Maria Bercu, Maria Viorica Bedrule-Grigorut,  1 and Daniel Boldureanu
Name of publication	Entrepreneurship Education through Successful Entrepreneurial Models in Higher Education Institutions
Link	https://pdfs.semanticscholar.org/e38b/ab56c772a742b97e5d8f6272a57c14c3121e.pdf

 

 

Potential Guest(s)

People that would be great to interview and speak on this topic

Name	Website	Contact Method
Erica Douglass	https://www.erica.biz/	erica@erica.biz

 

 

Authorities on Topic / Subject Matter Experts

People that are recognized, notable experts on the topic and have been published either producing articles, books, vlogs, and any other form of media that we can discuss in the episode.

Name	Website	Contact Method
Jeet Banerjee	http://www.jeetbanerjee.com/	http://www.jeetbanerjee.com/contact/

 

 

Ideal Sponsors for the Episode

These are potential show or segment sponsors, advertisers, or affiliates.

Name	Affiliate Detail Link	Why?
MentorCruise	https://mentorcruise.com/filter/entrepreneurship/
Build	https://build.org/

 

 

Resources for the target audience

These are ideal resources that would bring the most value to listeners of this particular episode. Think of tools the listeners can actually use. Either downloadable resources that we can directly sell from our website or our products and services that listeners can purchase.

 

 

Best book to recommend on this subject

https://www.amazon.com/Education-Millionaires-Everything-College-Successful-ebook/dp/B0052RDJFE

 

 

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