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News & Features betterbusiness Julie Meyer reflects on Global Entrepreneurship Week

Julie Meyer reflects on Global Entrepreneurship Week

Written by Julie Meyer on Wednesday, 24 November 2010 16:45
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This Global Entrepreneurship Week has found me discussing in several panels and conferences how entrepreneurship is transforming the UK and the world. I have ultimately mixed feelings about all of the business skills training programs that have become very fashionable. Entrepreneurship is not simply a skill that you can learn like flipping burgers.

Business skills are terribly important, but ultimately entrepreneurs - like artists - have a talent and a compulsion. Again and again, when we're alone sharing what our lives are like as entrepreneurs together, we say - "I couldn't do anything else; I tried," or "I find myself obsessed with my business; nothing else seems to matter." "I wouldn't wish this on anyone else." Entrepreneurship is probably closer to an addiction than a degree.

Is it good to provoke potential young entrepreneurs by helping learn about business? Yes, if they have the natural aptitude, heaps of resilience, steel persistence and a compelling vision - then you can combine that with the ability to read financial statements, learn how to sell well, manage people and organise operations in order to have a broader pool of entrepreneurs growing businesses, a subset of which will become very successful.
But let's not kid ourselves about business skills. Yes, you have to train and learn the basics, but you either have talent and drive or you don't. You either have been told by your parents and teachers early on that you can do anything you set your mind to, or you haven't. If you haven't, getting that encouragement is probably just as important as learning finance.

Science and math are incredibly important subjects to excel in as a country. But I still maintain that the first goal of education is to help an individual think, learn how to learn, and to analyse the world around them. My humanities education in literature, philosophy and history helped me to learn how to think laterally, connect the dots, communicate and think at a macro level. I wouldn't be the business person I am today without the skills I gleaned at INSEAD with an MBA at age 29, but there's also not enough money in the world for me to have given up my undergraduate education which was not focused on business, but helped me to understand the world around me and more importantly, who I am as a person.

Ultimately, we're fortunate that there exist a group of people who are compelled to bring the new new thing to life, and are willing to live abnormal lives in the doing off it. That's what entrepreneurship is - it's an abnormal life, and the odds are distinctly NOT in your favour if you're a betting person. That said, entrepreneurs create the lifeblood of a society.

Last modified on Friday, 14 January 2011 19:06
Julie Meyer

Julie Meyer

Julie Meyer is one of the leading champions for entrepreneurship in Europe. With over 20 years investment and advisory experience helping start-up businesses, she is the well known founder and CEO of Ariadne Capital, founder of Entrepreneur Country, Co-Founder of First Tuesday and Dragon on BBC's Online Dragons Den.

Website: www.entrepreneurcountry.com/blogs/julie-meyer

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