Should Entrepreneurship be taught as a subject in Schools?


I believe entrepreneurship training should be introduced into the formal education curriculum. By the time someone has completed seven years of school, they should be able to put together a basic profit and loss statement, and a basic balance sheet. They should also be able to read financial statements. This is really, really simple, and not much more complicated than reading football scores! A high school leaver must also know:

  • How to register a company, and register for tax.
  • The basic company law of their country.
  • About banks and how they operate.
  • About payroll, and laws governing the rights of others.
  • How businesses really operate, and how prosperity is generated in an economy.
  • About sustainability, of both economic growth and the environment.
I would go as far as to say that anyone who goes to a university must also have mandatory entrepreneurship training, irrespective of what they study. This is because we have university graduates that are also unemployed, who could easily create jobs for themselves and others. Together we can help our vast army of entrepreneurs in Africa become skills-based "enterprise builders." I strongly believe that if Africa focuses on fostering and developing entrepreneurship, there will be a remarkable uplift in job creation.
These are the words of Strive Masiyiwa, the Executive Chairman & Founder of the Econet Group.What are your thoughts on this?