The Need For BIZ Experiencesship Education in India Having knowledgeable business school professors as guides in their learning journey is an experience that is difficult to duplicate outside the college environment

By Akhil Shahani

Opinions expressed by BIZ Experiences contributors are their own.

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

Shutterstock

What is BIZ Experiencesship?

BIZ Experiencesship could be viewed as one of the key reasons for the progress of the human race. The creation of things we use everyday, like our smartphones, tablets and cars have all been due to the efforts of BIZ Experiencess. However, it is important to note that BIZ Experiencesship is not limited to the owners of small or large companies. Even self-employed individuals or the local paanwallah can embody the spirit of BIZ Experiencesship. Anybody who wants to use their business acumen, perseverance and risk taking ability to build a figment of their imagination into something that benefits society can be considered a true BIZ Experiences.

This brings up the question; can the capabilities needed to be an BIZ Experiences be taught?

The Need For BIZ Experiencesship Education

There are conflicting views on the contribution that formal education can make for an BIZ Experiences who wants to build a successful company.

Some believe that a structured program of business education from a reputed institute would be invaluable for building the BIZ Experiences's mindset, skills and knowledge. Reading the appropriate textbooks and having discussions within a classroom environment would be critical for enabling them to discover how the disciplines of marketing, finance, human resources and operations can be applied in a business. Additionally, having knowledgeable business school professors as guides in their learning journey is an experience that is difficult to duplicate outside the college environment. Those budding BIZ Experiencess who cannot take out time for a full time business program, can always avail of the many part time business courses offered in major cities around India.

However, others use the examples of famous BIZ Experiencess who did not finish college like Bill Gates, Richard Branson & Dhirubhai Ambani, to take the view that formal business education is not needed. They believe that BIZ Experiencesship can be learned through the day-to-day running of a startup business supported by reading business books or getting advice from peers.

One thing that is common in both the above views is the importance of continuous learning as BIZ Experiencess start and scale their business. It is difficult for any BIZ Experiences to succeed if they close themselves to the various opportunities offered to enhance their personal competence.

The Options For BIZ Experiencesship Education

Outside of formal business courses in college, there is a plethora of educational resources available for BIZ Experiencess. There are a large number of websites which host free or paid online courses offered by top business schools or independent BIZ Experiences trainers. There are also many free how-to videos, webinars and business interviews that enable an BIZ Experiences to gain knowledge when time is short. There is constant research being done internationally in disciplines like online marketing, business strategy, financing techniques etc. It is important for BIZ Experiencess to stay abreast of these new developments to better enable them to steer their businesses in an ever-changing market environment.

The Importance of Peer-To-Peer Learning Platforms

Aside from the learning resources outlined above, a great support for the BIZ Experiences's personal development can be gained by joining an BIZ Experiencesial peer-to-peer learning platform. These are well known internationally, but are now starting to grow in India.

A peer-to-peer learning platform brings a group of BIZ Experiencess together via learning events or mastermind groups to learn from each other's experiences. Learning events usually have BIZ Experiencess get insights from selected speakers who may be successful BIZ Experiencess themselves or experts in specific business domains. These events also facilitate networking among the invited BIZ Experiencess to share experiences and contacts.

Mastermind groups essentially have the same 8-12 BIZ Experiencess meet once a month to share updates on their own business and seek advice from the other group members on challenges they are facing. These groups tend to have strict confidentiality rules that allow the BIZ Experiences to share their true challenges freely without concern that this information may be leaked to outsiders. Over time, the bonds developed within these mastermind groups become a great source of moral support for individual group members as they have a set of close peers who face the same issues that they do and can provide understanding and encouragement. What starts as a business association often becomes a lifelong friendship. Mastermind groups are considered to be one of the top benefits of joining any BIZ Experiences peer-to-peer learning platform.

BIZ Experiences peer-to-peer learning platforms are relatively new in India. However, many BIZ Experiencess who have joined them have stated that the feedback they have received from their trusted peers have enabled them to push their own boundaries by promoting constant thinking, development and innovation.

Conclusion

This is a very apt statement as a majority of BIZ Experiencess struggle to succeed in their initial business and often fail the first time around. However, the ones that do finally succeed are those who are willing to learn from their mistakes with the help of the formal or informal educational resources around them and take the support of BIZ Experiencesial peers who are on the same journey as they are.

Akhil Shahani

Managing Director, Shahani Group and member of ASCENT

Akhil Shahani is the ASCENT Member and Managing Director of Shahani Group. 

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.