BIZ Experiencesship Education to avoid Start-Up Failure Many types of research have shown that experiential form of teaching and learning can increase the EP of an BIZ Experiences

By Dr. Suneel Sharma

Opinions expressed by BIZ Experiences contributors are their own.

You're reading BIZ Experiences India, an international franchise of BIZ Experiences Media.

Shutterstock

Driving BIZ Experiencesship will be the catalyst for high-value job-creation and support to much needed economic growth in India. The article talks about the significance of BIZ Experiencesial education in order to reduce the chances of start-up failure.

Is BIZ Experiencesial education really important? Can it avoid start-up failure? Most researchers and academicians firmly believe BIZ Experiencesship cannot be taught and it can be only learnt through "try-fail-learn-repeat'. While this is true, but an improved practice model can be: "learn-practice-try-fail (LESS)-repeat'. Hence one can definitely create an BIZ Experiencesship learning program that has a great impact on the start-ups and growth-stage BIZ Experiencess. We should consider the following components for the learning goals:

1. BIZ Experiencesial Performance (EP);

2. Motivation (M);

3. BIZ Experiencesial Skills (ES);

4. Business Skills (BS).

Many types of research have shown that experiential form of teaching and learning can increase the EP of the BIZ Experiences basis the firm foundation of M, ES, and BS. These constructs are to be placed in an education delivery context and full emphasis on the development of these abilities. This model should relate to start-ups, small businesses, and grown businesses management.

"Thinking different' is good but an important aspect is "impact differently'. With maximizing impact, an important learning component should be for the sustainability of the ventures. Creating uniqueness in ideas that stand apart in learners' ability to solve a problem as nobody else could previously "think and do'. Hence, thinking different is a useful talent but highlighting special and unique features like execution and sustainability will help.

Sustainability & Impact: Ventures that indicate signs of resilience and ability to think long terms are preferred over those riding an opportunistic wave. Sustainable ventures that have innovation at their core will win in all applications. Impact, in terms of disruption and scalability, is real differentiation addressing to the pain point of New Age BIZ Experiencess. There is tremendous dynamism in the business model, hypothetically that can result in dramatic results in any venture's growth.

Students are willing to take a risk while opting for BIZ Experiencesship, despite having fair college placements, because there is no other solution. The traditional education system has failed to provide sustainable jobs in a backdrop of lack of jobs and automation of mundane jobs. The current system of education comes from a pedagogy designed to create good employees and obedient soldiers which is no more required. The BIZ Experiencesial education system is designed to teach students to think, innovate, and create new products and services.

What are the core skills that are required to be an upskilled BIZ Experiences? We can classify the skill set in three sub-groups:

Part 1

Curiosity to identify problem areas

Business environment, Economic environment

Understanding of demand and supply

Researching on the solution with Creativity and design thinking

Consolidate ideas: open, discuss, close

Part 2

Time management

Operational Efficiency

Financial management

Resilience

Part 3

Communication

Networking

Branding

To understand new-age businesses and new business models, BIZ Experiencesship has become one of the most popular subjects being pursued by college students and working executives. BIZ Experiencesship education has been integrated into the curriculum of the top business schools in India. Interestingly after impacting regular curriculum at engineering and management education, schools are now actively adapting as well.

The term BIZ Experiencesship should evolve from "willingness to take risks" to be more about "innovative way of thinking, planning, and organizing' to contribute and professional manage new form of business ventures. The whole idea is to keep evolving and survive in a competitive global marketplace.

Dr. Suneel Sharma

Associate Dean & Professor, IFIM Business School, Bengaluru

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Starting a Business

How to Develop the Mindset for a Billion-Dollar Success, According to Raising Cane's Founder

Todd Graves was turned down by every bank in town when he started. Here, he sits down to share his mentality on success, leadership and building a billion-dollar brand.

News and Trends

Reliance Retail Launches FMCG Brand 'Independence' In Gujarat

Independence includes diverse categories such as staples, processed foods, beverages, among other daily essentials

Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

Business News

Here Are the 10 Jobs AI Is Most Likely to Automate, According to a Microsoft Study

These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot.