Five Reasons Why Education and Entrepreneurship Belong Together

I’m new to the world of entrepreneurship. For most of my career, my passion for education left little room for interest in the business sector. While I respected business as a worthy passion of others, I saw no obvious reason why it belonged with mine.

But passions are funny – sometimes they take you to unexpected places. In my case, education took me to entrepreneurship, social and otherwise, and I won’t be leaving anytime soon.

Why do entrepreneurship and education belong together? Here are five reasons driving my newfound conviction:

  1. Mindset

Let’s be clear. I’m not saying everyone has to be an entrepreneur. Many good people are needed in professions, corporations, and public service. Many others commit themselves to political life, volunteer work, homemaking or other worthy pursuits. That said, everyone, whatever you do in life, benefits from the traits found in entrepreneurship. Habits such as embrace learning, think creatively, listen to understand, act with empathy, adapt, take responsible risks, and lead to make a difference bring interest and happiness to life, in addition to value. They should be inherently developed at school. Entrepreneurship is one powerful way to do so.

  1. Agency

Agency is a sense of control in one’s destiny. It includes the know-how, confidence and inclination to act so as to shape that destiny. It has been frequently observed that too much of education and growing up today includes an over-abundance of adults assuming control, telling kids what to do and how. Agency matters and its decline, some psychologists have argued, helps explain some of the decline in student mental wellness. School should intentionally carve out time where children and youth can take the reins, pursue responsible risks, and be in charge while challenged to make something good happen. Design thinking and Integrative thinking are processes students can use to exercise agency for meaningful impact. Like toddlers learning to walk, entrepreneurship will let them exercise agency, and see what they’re capable of making happen.

  1. Relevance

“Why do we need to learn this?” This student lament has reached cliché proportions and is still widely dismissed with the response that relevance will become evident when they’re older. Some of that is true, and pushing back on instant-gratification-run-amok has a place. Entrepreneurship, integrated where relevant to the subject at hand, lets students live the relevance of learning. At KCS, a group of grade 7 students completed a geography project by designing an environmentally responsible product for our school store. Through our StEP entrepreneurship program, they’ll be supported should they choose to launch this social enterprise. That’s relevant.

  1. Future-readiness

There’s no denying that disruption is underway in the work world. While many argue automation will create new jobs, there’s little doubt that it will also increasingly overtake any tasks that can be captured by an algorithm. That said, there remain many things automation will never do. RBC recently released Humans Wanted: How Canadian Youth Can Thrive in the Age of Disruption, emphasizing the need for humanity’s most fundamental traits. An entrepreneurial mindset, and the agency to exercise it, are uniquely available to humans and will be rewarded with opportunities that no technology can touch.

  1. Purpose

If you’ve found your purpose, you know how positive a force it is. While not all people would say they’ve found it, there’s no reason to think it’s reserved for the few. In fact, it’s easy to argue that we do too little to help all youth explore this part of themselves. What if education made time for children and youth to explore how they want to make a difference? What if education directly supported them in making that difference, and let them experience the setbacks, successes, and next steps that ensue? What if we graduated students who care to have a positive impact, who have experienced the rewards of doing so, and who have the capacity and agency to follow-through in their corner of the world? These would be graduates energized and intrinsically motivated with purpose.

Of course, there is much more that belongs in education beyond entrepreneurship. And there are examples of entrepreneurship that don’t reflect the values many of us wish to develop in youth. But where our aims meet is where education and entrepreneurship belong together. And where we can do better, we will. We can’t help it. That’s our entrepreneurial mindset at work.

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1 thought on “Five Reasons Why Education and Entrepreneurship Belong Together

  1. Pingback: Top five reasons why you should get your gala on! |

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