Thursday 15 March 2012

Stop It Already - We don't Want to be Entrepreneurs (COMM3248)


Well at least in the Caribbean we don't. How many of us go to school because we want to become an ENTREPRENEUR, really? Lets be honest majority go to school, Universities that is to further our already gain secondary level of  education. In hope of being more marketable for employment, getting an increase salary depending on the level of our degree and even because everyone else is doing it. The harsh realities of life make it difficult for us to even fund upward education due to financial situation or lack of scholarships in certain areas. Not drifting anymore from the point at hand, if you ask anyone person employed in the work force or a university student about career goals--a good percentage will answer if the line "I want to be my own boss"

Do we go to school if that logic in mind, if so why even bother to go to a university spend thousands of dollars to fund your education and then at the end go sit in a 9-5 job earning just above average wage. No we don't want to be entrepreneurs, why would we want to have the "focus" and "determination" skills it would take to be a successful entrepreneur. Why? When we can let someone else employ us and worry about the headaches of "problem solving" and "risk management". Lets face it the environment we live in the Caribbean doesn't make it easy for us to drown into entrepreneurship, as small as we are how many veterinarian hospitals can one mass of land have. What amount of space we have for ever private medical practitioner coming of university, law firms-every law student dream to have their own but realistic is in.

When we do come out of university life we get integrated into the labour force so quickly we sometimes don't even realise it, well that's if you can get a job with your newly gain qualifications. Pressures of having to pay back on average a student loan of 100 000 dollars make us hungry like sharks awaiting the smell of blood in water. Sometimes we have to bite a surf board or two for survival, whatever we get we take. Another reality of entrepreneurship with all respect to do who started with they own finances, how will you with the idea get a financial institution to fund your business or vision without even showing evidence of testing the market because of lack of funds. Being an ENTREPRENEUR takes many attributes that we may not all find in one person and the hard work it takes in being successful some persons might rather opt out and work for an employer rather than themselves. Unless you become lucky and get a break, but you not Jeremy Lin are you?

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