It is often said that
to become a successful businessman a tertiary education is not at all
necessary. To what extent to you agree or disagree with this statement? Give
your opinion and relevant examples.
An eternal debate rages over the issue
whether to be successful in their own private ventures, one needs specialized
education in the field they are intending to carry out commercial activity. The
diverse views are supported by justified reasons which I shall delve into and
arrive at a logical conclusion.
Undoubtedly, affluent private endeavors have
been managed by those who have innate abilities to appreciate opportunities and
exploit them commercially. Such people might not be academically accomplished,
but even so are equipped with strong entrepreneurial skills that drive them to
take initiatives. History is embellished with names of enterprising businessmen
who, despite being school drop-outs, established undertakings that have umpteen
laurels to their credit and have fetched fame and fortune to those who
associated with them.
Moreover, it is commonly said, to be an
accomplished businessman, one does not need a certification from an academic
institution, but leadership qualities and
preparedness to commit financial resources; run the risk of debacles and
huge financial losses. Individuals managing prospering enterprises have always
looked into the face of adversities, never evaded responsibilities' even for
the failures, and have always led from the front.
Nevertheless, as many suggest, importance of
specialist occupational training cannot be overlooked in the success of businesses.
Obtaining knowhow of domain, one is intending to foray into commercially, can
help a great deal since such knowledge can inform prospective business owners
about the intricacies and challenges involved in that realm. This can simplify
decision making process regarding investments and other critical functions;
protect from uncertainties and minimize chances
of being cheated by others.
To conclude, even though grabbing knowledge
of area of business before one is established can be of a great help, it is inborn
qualities and courage to take risks that define the success of an entrepreneur.
Academically accomplished people can be good managers but to be triumphant
businessmen one needs to be enterprising and daring.