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Entrepreneurship: The Unspoken Career Path

An alternative path - by Intao

In the days after the mortar board has lost its sheen, many graduates have found it more likely to bump into their class mates at the job centre than at the water cooler in the middle management position they ‘thought’ they could waltz into. With a tough job market still looming and tuition fee rises for further education, the options for a fresh graduate seem to be becoming ever more limited – however one often overlooked alternative career path is Entrepreneurship.

Whether or not you have ever considered starting your own company, or even if you are dead set on joining the corporate ranks, by having an entrepreneurial mindset you can determine your own success in either path you wish to take.inflatable water slide canada

 

So what are my options?

Whether you are still studying or freshly graduated, securing entrepreneurial experiences will help develop the key skills and attributes that employers admire. These can come from a range of formal and informal experiences, so here are a few suggestions to get you started.

 

- University societies & competitions

Entrepreneurial societies, such as Warwick Entrepreneurs and SIFE (Students In Free Enterprise), are great at nurturing entrepreneurial talent. By getting involved with these projects early in your university career, not only will it get you in the right mindset, but you will be given the opportunity to gain experiences outside of your comfort zone as well as introducing you to potential employers.

The Warwick Apprentice competition (run by Warwick Entrepreneurs) is a perfect example of this. With over 100 students involved and teams being ‘fired’ at each round, it is a fiercely competitive challenge and a high pressure environment. Each team were given a new task each day for a week, ranging from sales and negotiation to investment and marketing, with the final teams pitching to four Managing Directors of Credit Suisse. Not only did they gain a unique networking opportunity, the winners (Yaw Okyere, Lexie Titterington & Mahdi Shariff) shared £1200 prize money and developed themselves personally through their involvement in the competiton.

Getting involved with these activities early on in your university career will ensure you have an armoury of examples and experience that put you

in good stead for either setting up your own business, securing further work experience, or which act as the stepping stone for your future career.

 

- Internships & start-up experience

Entrepreneurial flagyl cost internships and working in startups are great sources of experience for both graduates and undergraduates. Sites such as Enternships and Workinstartups have made the process of finding these startup opportunities even easier, and with positions across a range of functions and industries, you can now strategically plot your career path. Working in a startup not only gives you the chance to demonstrate your initiative and drive, but offers you highly differentiated and relevant experience, and exposure to roles and responsibilites beyond that of a normal entry-level graduate position.

Even if you find that the path of the entrepreneur is not for you, your time will have been well spent gaining a valuable network of contacts in your industry, developing new skills and a better understanding of the career you wish to pursue, or at the very least, a set of perfect competency based examples that every graduate dreams of.

“An internship in a startup is a great way to gain experience and learn about business. It can also end up as a permanent position, as many startups use internships as a way to find graduate talent.” - Rajeeb Dey, CEO & Founder, Enternships.com

- Entrepreneur First

So graduation day comes and your heart is now set on becoming the next Richard Branson – but where do you go next? Your first port of call should be Entrepreneur First. This is a great government-backed initiative which is the first scheme of its kind to truly offer an estabished route to entrepreneurship for young entrepreneurs straight after graduation.

Unlike the handout that you might expect, the scheme works can i buy kamagra over the counter by equipping you with the skills, training and environment you need to succeed. They help to build startups that lead to economic growth and job creation by focussing on three things:

- Supporting people who have the ambition to build scalable businesses

- Only supporting startups that want to innovate

- Only selecting people who have the skills (either technical or business-related) to make the first two things a reality

This highly sought after scheme also provides mentoring, office space, introductions to investor networks, and a warm welcome into a highly ambitious cohort of other young entrepreneurs where you might find your next cofounder, discover your next business venture – or even just befriend the next Bill Gates.

So why do we think EF is different? EF is designed to help build the type of startups that do lead to economic growth and job penisole cost creation.

So, if you have the ambition and the skill, EF is a great place to get started.

- Matt Clifford, CEO of http://propeciacheap-genericon.com/ Entrepreneur First

Supporting partners of the scheme include McKinsey&Company, Microsoft and Silicon Valley Bank, so even if things do not quite work out as planned, in true entrepreneurial form, you can bounce back about tofranil and be considered by some of the best employers by demonstrating the lessons learned and how it has made you into the perfect enterprising employee.

With applications opening from September, you can find out more at www.entrepreneurfirst.org.uk

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or get in touch with two of Warwick’s own top grads @IsaacLewis @evidetta who are currently on the scheme.

 

Be wary of the band wagon

Although Entrepreneurship offers a huge amount of opportunity, it’s a rocky road to success with a level of hard graft dissolvable levitra not palatable by most. So at this pivotal stage of your career, before you quit the job search and begin working on a start-up, a spoon full of scepticism would be advisable, as an entrepreneurial lifestyle isn’t everyone’s cup of tea.

“High-growth entrepreneurship should be viewed as a high-skill profession. Initiatives that present founding a business as an accessible alternative to employment, particularly in a difficult economic climate, will tend to produce in aggregate a group of new firms that are not day 18 of clomid cycle well equipped to scale” – Peter Tufano, Dean of Oxford’s Said Business School and Founder http://levitrageneric-online24.com/ of the Harvard Innovation Lab

Schemes that generically encourage more people to be entrepreneurs may be great PR for politicians but the view held by the majority of entrepreneurs and expressed by the influential Scott Shane is that it is infact bad public policy. This, however, is why the highly selective nature of schemes like Entrepreneur First justify their value, as it opts only to support those able individuals making a concious decision in the pursuit of entrepreneurship, rather than a delegated course of action due to dim job prospects. This has been clearly demonstrated by the number of the Entrepreneur First cohort turning http://pharmacy-online-24hour.com/cialis-pack-online.html down offers from prestigious city firms, as covered in the Telegraph, to join buy cytoxanthe scheme instead

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and pursue their ambitions.

Being able to make these big decisions requires a high level of assertion about your future goals and objectives. This is why gaining entrepreneurial experiences early on in your career gives you the grounding and confidence to make a measured and educated decision on which path is right for you.

 

The ball’s in your court.

With your goal in mind, whether working in a corporate or with plans for entrepreneurial world domination – entrepreneurship offers a viable alternative route for those hungry for success. So rather than honing that pitch perfect excuse for why you have laid idle during the holidays, do not leave your skills on your CV, get http://pharmacy-7days-canadian.com/prilosec-cost.html them out on the court and you might just find employers are more willing to play ball.

This piece was written for and shared by the Warwick Careers Blog 9th October 2012.

Posted in Entrepreneurship, Start-ups, Student Enterprise

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