Can Entrepreneurship Be Learned?

Entrepreneurship is a skill that can be learned, but it takes more than just sophisticated power point presentations and some crisp words in textbooks to become an effective entrepreneur. It requires passion, drive, creativity, and the willingness to put things into practice with coherence and concentration. People born with certain abilities will naturally excel, while others may have difficulty getting to the same point. But with the right tools and programs, anyone can learn to become an entrepreneur. The skills that an entrepreneur needs to succeed go beyond business skills that are “easy to teach in the classroom” (e.g.

finance, accounting, and economics) and include personal skills, such as leadership and management, that are best learned through experience. To learn entrepreneurship, look for a college or university that offers a practical program to learn the basics of business concepts and guides you in developing a good business plan. These tools and programs have revolutionized business education by finding a more realistic way to support entrepreneurs. Modern MBA programs offer a number of entrepreneurship programs ranging from formal courses to startup competitions and incubators. While it is true that entrepreneurship cannot be taught in the traditional sense of sitting in a classroom listening to a conference or by the typical case study method used in business programs, many schools consider that there is still a place for formal education in the world of entrepreneurship.

They have taken steps to update their offerings to meet the needs of today's students. Entrepreneurship learning reflects the impact of entrepreneurship on the economy and society; it has been identified on the basis of three basic skills and aptitudes that make an entrepreneur successful: persistence, ability to assess risk, and adaptability. It takes much more than sophisticated power point presentations and some crisp words in textbooks to become an entrepreneur. Entrepreneurial skills can be taught; entrepreneurial qualities, such as determination and risk tolerance, are innate. According to some people, entrepreneurship can be carried out in higher education institutions and high schools, and even many institutions have launched entrepreneurship programs in academic sessions. The Rotman School of Management at the University of Toronto turned its entrepreneurship classroom into a medical school-style operating room, where students sit in a large auditorium and watch a professor perform surgery not on a human body, but on a startup. Running a business is difficult, learning to undertake to be at the level of an effective entrepreneur is like mastering any new skill.

You learn better with practice and must be willing to put things into practice with coherence and concentration. The question you should ask yourself is not if entrepreneurship can be learned, but if it is something you really want for yourself. Yes, people can learn to become entrepreneurs, but then they must have the innate ability to learn things faster than others. Parts of leadership skills can be learned, but most can't be taught. There are those who continue to insist that entrepreneurship cannot be taught; they argue that entrepreneurship is confusing, uncertain and unpredictable and therefore there is no single method or map to impart to flourishing entrepreneurs. Entrepreneurship is a team sport, not an individual effort, and you can only learn by doing it in the real world.

For Professor Nikolaus Franke of the WU Executive Academy in Vienna, the answer is a resounding yes. He says that entrepreneurship is better seen as a skill than a natural talent.