Risk it Frisk it

2521

“Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.”
A couple of years ago, entrepreneurship was seen as an obvious choice only for those who had a history of business attached to their family names. Hardly a wise option, it was a thought that barely crossed the minds of people, let alone youth. Yet, as changing times often bring with them a bundle of surprises, a new era has emerged – an era of entrepreneurship!
Young minds are conducive to revolution, and this is what has probably given rise to an entrepreneurial culture among youth today. The ever-growing need to innovate and break free from the clutches of monotony makes entrepreneurship a wonderful arena for students to venture into.
Yet, the question remains, isn’t it better to hold off until you have that graduation certificate in your hands? On the surface, it may seem a little absurd to jumpstart a venture as a student. Business is an area where cutthroat competition prevails; it needs a vision, the ability to breathe life into the vision and give it such an identity of its own that it has no choice but to survive in the market. It also entails a truckload of risks. Being students, these young adults find themselves at that crossroad of life where they are struggling to establish an identity of their own. Swamped with information overload, assignments and identity crises, adding entrepreneurial responsibilities to the plate does not paint a hunky-dory picture. However, no pain, no gain is the first rule of entrepreneurship!
Moreover, students are also an epitome of suppleness. They are adaptable, broad-minded, receptive and their brains are prone to creative explosions, which rust with time. They possess the ability to reason, analyze and dissect every thought and somehow their lithe minds find a way to convert it into an opportunity. Being a part of the new generation, identifying the potential of a prospect and pertinently giving it shape will come to them easier. Along the way, innovations will take flight with lucidity and entrepreneurs will be born.
Let us take Mark Zuckerberg for example. A “programming prodigy” at Harvard, the young genius started FaceBook, a social phenomenon that has taken the world by storm! Starting as a small networking site within his dorm room, the website is now the largest social networking site, with over 1 billion registered users worldwide. The young 23 year old is currently a billionaire. If he had waited to graduate, Zuckerberg would perhaps be programming for someone else. Larry Page, Michael Dell and a few others are popular names who took to business at an early age and the rest is history. All it takes to ricochet in the world of business is the guts to do the unthinkable and that is a sure shot way to edge towards being unsinkable.
Student entrepreneurs are an advantage in the current economic malaise, especially in India. The growing inflation and declining development make employment difficult, thus escalating unemployment rates. In such a situation, taking to business is not profitable at just a personal level, but yields economic benefit as well.
Even though entrepreneurial trends are fast catching up in terms of spirit, not many materialize as start ups. A Gallup study conducted recently reports that sixty percentage of India’s youth possess personality traits that are critical for the success of entrepreneurs, yet only a very small fraction of them put it to good use.
This can be attributed to the relatively hard environment for start-ups. The World Bank Report stated that it is easier to start a business amongst the hostility of Pakistan than it is in India and the Global Entrepreneurship and Development Index ranks Indian 74th out of 79 countries worldwide in terms of entrepreneurial development; making entrepreneurial success bleak.
Thus, what the country needs right now is better support from the government and a perspective makeover with regard to entrepreneurship. The story of every entrepreneur is laced with obstacles, disappointment and loss. Nevertheless, there is no rainbow without a little rain. Thus, the young minds of today need to be nurtured and encouraged to tread paths that were unexplored.
We are a country brimming with potential, but afraid to do the unconventional. The youth should embrace failure with open arms and dare to sail into unsafe harbours. After all, learning happens much better on the playground than behind desks.

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2 Comments

  1. Aashika says:

    Thank you so much! 🙂

  2. Nikita says:

    This is REAL good stuff, aashika ! (y)

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