• Categories

  • Tags

    africa agriculture Asia bangladesh business change children climate corporate council CSR Development DFID. disaster economic education environment ethics farming for health history India Life livelihood livelihoods of peace philippines poor Poverty Project Right Rural School SLA social sri lanka sustainable The tsunami video water WBCSD World
  • Archives

  • Pages

  • Meta

  • How do entrepreneurs learn entrepreneurship in the first place?

    Posted by admin on September 11th, 2011 and filed under rural livelihood | 4 Comments »

    I’ve been told that enterprise is something cannot be taught. You’re either business-minded or you’re not.

    I’ve been raised in a family of academics, so I don’t believe in knack. While people have told me that I’m bright and multitalented, there’s nothing I’m good at that I didn’t learn methodically from someone else and practice over a long time.

    Having said that, I’ve been interested in owning a business since I was very young. Although I’m passionate about academic research, I want to use it to create jobs and better livelihoods for other people. I don’t think academics should be penniless geeks who spitefully blame the rich for the world’s problems; on the contrary, I think they should get out of that campus, use their knowledge to make exciting innovations, turn those ideas into money-making ventures that benefit the greater good. Plus I’ve never really liked the idea of working for a boss, especially in today’s economy where everything is uncertain and compromise is often demanded.

    I spent a year in business school but grew skeptical about its ability to provide what I really want to learn because everything was so conventional. I got hooked on Kiyosaki for awhile and tried to cross the Cashflow Quadrant by trying my luck at network marketing, but I didn’t make enough money to cover my costs for the system’s "business developing program" (books, audio, seminars) and promotional tools. Frankly, I’ve never really been interested in selling any product myself, although I’ve always been interested in product design, innovation, branding, and marketing strategies.

    My educational background is culture and communication. I’m currently a journalist by profession, but I’m really more interested in making stories happen rather than spending my life writing other people’s stories. I live in a developing country where many daytime professionals have a moonlight business. I want to make the most of my background by setting up a company in the rural area, which gives people jobs that make use of their traditional skills (e.g. weaving exotic textiles, carving, making music instruments, farming, animal husbandry, fishing, making food and beverage products), combine them with modern design (e.g. collaboration with high fashion designers, contemporary interior design, international music education, modern food processing, climate change strategies etc), then package these products into an attractive brand and market them to an upscale consumer base in big cities. The money made from this business can free a lot of people from poverty and provide all sorts of needs, including decent housing, health services, sanitation, and education.

    While production itself is out of my expertise (and I’ll hire other people to take care of that anyway), I’ve always been interested in drawing up a solid business plan, branding, marketing strategies, and corporate culture. I took courses in these areas in college, as well as attended seminars in my own time. I have a sizable professional network, mostly interviewees for my stories as a journalist. So taking these into account, what can I do to start learn entrepreneurship and practice the skills necessary for running my own future business?

    No school can teach business, entrepreneurs arent taught they simply have a nack for what they want to do.. You say you dnt have a nack but you do you just have to find it.