Entrepreneurs are the backbone of private sector enterprises all over the world. These risk taking individuals lead the business community in innovation, growth, and jobs for the masses as a whole. While we need more entrepreneurs today to innovate, grow and provide jobs to young graduates, this is not the case for many reasons.
If you take a survey of how many entrepreneurs have been able to enroll in a business school, you would hardly find one. Does this mean that, business schools are not the production house of entrepreneurs? Probably, we are concerned more with supplying competent executives who would be working for these entrepreneurs. Looking at the syllabi and curricula of our business schools would easily prove why the case has been so. In most of the universities in our country, and also in most of the business schools in this sub-continent, you will find that we are complacent providing only a few theoretical courses on Entrepreneurship, and feel that we have done a great job of explaining what entrepreneurship means. Presentations of term-papers explaining how to start a new business is usually required, with students competing to get a good grade in the course! Rather than really meaning to become an entrepreneur, they would be concentrating on how to impress the faculty with their presentations and ideas.
Being an entrepreneur requires a different psychological chemistry and a whole set of idiosyncratic attitude. It requires a kick, an ignition, a drive, a spark of fire, birth of a dream, a thunder in the heart, turning head and looking other way round, opening eyes to see an opportunity – all these can be achieved through a single speech of motivation rather than a dogmatic course on entrepreneurship. Are we concentrating on the academic program on entrepreneurship, or preparing ourselves to deliver the much awaited one hour speech that will change the life of someone in the class? What I believe, that it is not the duty of an academician to burn the minds of our learners, but to start the critical point of ignition where students will flare up their minds to keep on going when we are not with them.