With the ever-increasing population, competition for survival has considerably increased. Right from the consumption of food, shelter and clothing, job requirements have increased too. The thirst of individuals to earn more has reached sky heights.
Hence, competition in jobs and long working hours have become very common. This thing has given birth to the thinking of autonomous ventures, startups, and entrepreneurial ideas in the minds of youngsters in today’s world. Entrepreneurship colleges in India play an important role in promoting entrepreneurship and for framing an entrepreneurial mindset.
Today, the world needs new and innovative solutions to problems to make life easier. These problems can only be solved by entrepreneurs who can think out of the box. In India, our government actively promotes entrepreneurship.
India has immense potential for entrepreneurship in every sector may it be service sector or product division. For example, Urban Clap, Amway, agribusiness startups like Udaan and Ninjacart, Instamojo, Shuttl, Swiggy, etc. are some examples of startups that are not only generating revenue but are contributing to GDP. Moreover, they are also creating jobs and opportunities for others.
Such startups need like-minded employees. Hence, entrepreneurship education is highly demanded. One can pursue BBA in entrepreneurship, MBA in entrepreneurship or MS programs as well. The curriculum of such courses is designed to withstand the current era’s challenges and difficulties of the market. For example, fundraising, fund allocation and management, marketing strategies of the startup, etc. are to be decided by these graduates. Moreover, all of them need to work accordingly to make the budding startup a stable startup.
India has become the third-largest ecosystem for startups today. Here are a few reasons why people are moving towards being a job creator rather than a job seeker:
The onset of cloud automation has made the IT services companies jobs obsolete, and large-scale employment is not required now. Due to this, students will have to move out of their comfort zones and upgrade themselves.
Companies have brought changes in the placement criteria. HR prefers students who have experiences like internship experience, job experience or an experience of the self-owned ventures/startup. This depicts that the recruiter is looking for innovation and keeps on experimenting with out of the box things.
Parents and families have become flexible and promote the dreams of students. Middle-class families are bringing disruption in their mindsets and supporting the ideas of startups. If we talk about OYO Rooms, the startup has done pretty well without actually holding any inventory in hand. This is also one of the key reasons which encourage entrepreneurship in the nation.
As per the AICTE National Student Startup Policy, the final year college students can convert their final year projects into campus startups, and students can get a certificate for that too besides the main degree. This adds-up to the resume of the startup owner and also opens up opportunities for the young budding entrepreneurs.
Student must be a job creator and not a job seeker because it provides autonomy, provides decision-making rights and a flexible work schedule which helps to maintain a balance between personal and professional life. One can find multiple entrepreneurship courses in Pune that can help fulfil your dreams and provide the right way to cater to your creativity.