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Entrepreneurship in School Education: Skills that Students Learn

While the technical definition of entrepreneurship describes it as the activity of launching a business with the motive of making a profit, at the school level, the skills required to reach such an outcome hold more prominence. It is already a well-known fact that what worked in the previous century is no more applicable. The world is moving forward at a rapid pace and the expectations from the future workforce are overwhelming. Without entrepreneurial skills, surviving the corporate society may become pressurizing as human minds are already struggling to keep pace with the current growth rate.

Thus, training must begin at the school level. The mindset needs to form while students are still young. And the top 10 schools in Sonepat will identify the necessity of entrepreneurial studies and effectively work on building the following skills.

  1. Innovative thinking

The starting point of every entrepreneurial venture is an innovative idea that has the potential of practical application. Schools can encourage such levels of thinking by directing the students to come up with ideas hinged on their present knowledge and brainstorm perspectives regarding their marketability. Two benefits can come out of this approach. One, it will lead to application-based learning which most schools strive to include in their curriculum. And two, it will raise engagement levels in the classrooms. Students will develop the habit of thinking, concurrently learning their subjects.

  1. Managing resources

Be it financial or manpower, almost all startups begin their journey with limited resources and the onus falls on the entrepreneur to effectively manage them and lead the brand towards success. The abundance of anything barely teaches humility. However, when students know that resources are limited, they become responsible and work their minds to make the best of what is available. In their future, as with the case with most adults, the students will rarely have their way in any field. They will have to make do with the available resources, find success in that boundary, and live a fulfilled life.

  1. Accepting failure

The top 10 school in Sonepat are never only about the accomplishment stories. Their voyage to success also includes teaching their students how to effectively handle failure. The entrepreneurial curriculum is the best way to bring this ingredient into the mix as the involved skills can teach students to normalise failures, keep focus on the bigger picture, and have the heart to restart things from the scratch. In the world of high expectations, failure will find students more often. And they need the ability to look past them and move forward. Learning from past mistakes, becoming better at the task at hand, such skills become assets to students.

  1. Building a team

No one ever became a successful entrepreneur all alone. The founder needs to build the right team for his/her startup and play along with them towards the brand’s common goal. That will also be the case in any high-profile corporate job where executives are expected to become a part of a team and finish projects day in and day out. And thus, it goes without saying that team playing and identifying the right members for the job must exist in the students’ DNAs. Here again, schools can start training early with entrepreneurial education. Be it group assignments or soccer practices, instructors can teach students the importance of a team on entrepreneurial lines.

  1. Having the appetite for risks

As evident, substandard levels are no more the need of the economy. The market is flooded with competition from all angles and it is indeed easy to get lost in the crowd. To stand out, students will need to do something extraordinary, often, in order to rise above the crowded block. This can only happen when students are comfortable with stepping out of their comfort zones. Taking risks along the way and doing something others fear. Entrepreneurship is majorly about the skill of managing risks. Digesting the fear of uncertainty and breaking records. Taking risks does not come naturally to human beings and thus, only through entrepreneurial studies can schools develop this ability among their students.

The argument holds that even if students do not go on to start a business, the above skills can help them to effectively live their daily lives. Accepting failure is applicable to both personal and professional lives. So, are working in a team and innovative thinking. And this is exactly why the top institutes in the Sonepat schools list like Swarnprastha Public School are increasingly infusing entrepreneurial studies in their curriculum. SPS teaches such skills and more as part of their DICE methodology where design, innovation, creativity, and entrepreneurship stand at the forefront. Only in such schools can students prepare right for the world to come and find success in every aspect of life.