just wait and see

The funny thing about business concepts is that there are lots of them (Probably Infinite) and they can be manipulated to suit any and every situation, the problem that arises is having the foresight to apply the right concept to the right situation (which is subjective) is easier said than done.

The only real method to learn this is from practical experience and even then it sometimes takes CEOs a good proportion of their life.

I have been thinking about the general structure of my degree (Commerce) and the conclusion I have come to is that the faculty is trying to teach us the mindset of the business world. I would say that teaching a mindset is pretty difficult but I kinda like their approach.

The subjects I’ve had to study are broad in nature with considerable overlap in content. All this means is that we repetitively have to think about being in a situation that businessmen are faced with. By no means is this as good as going out and creating a start-up but it simulates it with zero risk.

The other thing is that it sparks an interest, so I have read many books on how to run a business and I am so keen to create one.

This leads me to believe that my time spent at university was well worthwhile and did its job exactly.