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Q) Some colleges encourage students to create businesses while they are still in school. Do the advantages of this outweigh the disadvantages?
In contemporary society, the issue of creating business by students is commonly discussed because it has realistic benefits. However, in order to maximize such benefits, academic disadvantages should not be overlooked. Even so, I personally believe that its advantages outweigh the disadvantages.
To begin with, it is apparent that creating businesses helps students develop a sense of real life as adults. Recently, it is getting harder to get a regular job in many countries. Due to this, entrepreneurship will be one of the most critical values in the future. By running their own businesses, students can learn many kinds of strategies for work in the real world. According to a recent study, societies that have the more people who had experienced challenging, the higher probability of social development. As a result, creating business will be precious assets to young students.
On the contrary, it is undeniable that encouraging to make businesses might make students not focus on their academic study. When they start their businesses, they definitely will concentrate on earning money since a main purpose of business is economic profits. For this reason, young people might underestimate the value of academic performances. For example, some eminent young CEOs quitted going to universities after they started their own businesses. Therefore, students can overgeneralize that academic study is useless and unnecessary for them.
In
conclusion, there are economic and realistic benefits and academic
disadvantages as well. Therefore, society should weigh the positive and
negative aspects of creating business by students to handle it wisely. However,
in my opinion, its advantages are more valuable because future society will
absolutely be needed more challengeable and creative people.