How’s this for an entrepreneurship-education outcome: The proportion of high school students saying they’d like to start a business declined over the course of a summer program, according to research from New York University.
But that’s not a failure — not at all. I’ll explain.
Prior to the BizCamp program, funded by the Citi Foundation, 91% of the participants indicated they would like to own a business. But then they learned how much time it takes to run one — a lot of them realized they were too busy. And then there’s the risk: “I’d rather work for a company versus become an entrepreneur and try to start from the bottom because it takes a lot of hard work and it’s also work that might not pay off, and I’m not that big of a risk taker,” one student told the researchers.
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