Article: http://www.businessweek.com/articles/2013-03-26/college-startups-the-new-masters-degree

With an ever booming number of business school undergraduates comes a correlated boom in the number of students taking their own shot at entrepreneurial start-ups. As entrepreneurs gets increasingly younger, so does the amount of risk they are willing to take. Yet, as we have discussed in class, “75% of start-ups fail” but start-ups remain to be important “pivots” where an enormous portion of start-ups mainly focus on accomplishing as much trial and errors with the amount of funding they have rather than pushing for success.

“Many an undergraduate business student wants to be the next Mark Zuckerberg,”  as said in the article, though many start-ups definitely require a pinch of realism in that many remain unaware that “only half of all new businesses survive for five years, and only a third make it to the 10-year mark”. With that being said however, the article also mentions that the barriers to entry for start-ups are at an all-time low in terms of cost and convenience thanks to technology and the influence of social media in this day and age.

Even though it is slightly conflicting, I would certainly have to agree with the article’s title, that starting your own business would give one an unparalleled opportunity to learn in comparison to that of what could be taught under the curriculum of business degrees.

Related article: http://www.bbc.co.uk/news/business-24912717