Zwilling provides his thoughts on the advantage of going to university explains majoring in a specific discipline helps entrepreneurs to understand the internal and the external processes of business (sec 2). For example, marketing is an external process of business because marketing is about to promote companies’ product and attract other customers. Internal process of business is about how leaders manage the company and affect companies’ profitability. Therefore a business enterprise incorporates all business elements and putting it all together to maximize business opportunities. If an entrepreneur knows part of the business elements, entrepreneur would have less stress while the company is struggling on hiring people and putting all elements together.
Good preparation doesn’t means young entrepreneurs will have good implementation and good performance. When
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The report Toward Effective Education of Innovative Entrepreneurs in Small Business: Initial Results from a Survey of College by Summit Consulting, LLC, and based on their statistics, the percentages of business student who took entrepreneur course will found a company is significantly higher than the ones who did not (11). Furthermore, Statistics shows that MBA Alumni are twenty-two percent higher than undergraduate students who found a company (9). Thus, the research method between MBA alumni between undergraduate students is based on their experiences, education curriculum, and subsequent careers. As a result, entrepreneurs with higher educations have a great chance to found a company and have a greater chance to succeed. With that being said, entrepreneurs who received higher education in the modern society has a higher chance to found a company in their