This website is currently in BETA

Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

  • hot
  • hot 100
  • 50 to watch in mobile
  • Entrepreneurs Summit

Is a university education relevant to an entrepreneur?

by Richard Baister - Friday, 14th December 2007 -

Is a university education relevant to an entrepreneur?

Personally, I did go to university and studied law but, two years into a four-year course, I knew that this was not the career route for me. Although I did finish the course and graduate, I have never worked a single day in a legal career.

So, it set me wondering about how relevant a traditional education is to a career as an entrepreneur. I have concluded that the skills that have proved useful to me have been mainly the social ones, such as meeting and becoming used to people from a wider variety of backgrounds and cultures – which is very useful since business is very much about the ability to understand and interact with others.

However, whenever I have a legal issue I consult a solicitor, and all my degree really does for me is ensure I understand the conversation I have with the solicitor, who is busily charging me extortionately by the hour.

I am reliably informed that a generation or three ago, people used to go to university to study a subject that interested them and that there was little or no expectation that it should be relevant to their intended career. If that was the case, someone should have told me.

I chose law with the full intention of becoming a corporate lawyer, ideally with some business interests on the side. Had I known I would never go into this career I would have done something more fun, because studying law was like watching paint dry.

One common problem seems to be that certain degrees attract a whole load of very intelligent and gifted people who then cannot get jobs because their degrees simply don’t have practical applications in a wide enough range of jobs.

I know a few people who studied European languages at university because they were gifted linguists and enjoyed improving their skills and having the chance to spend a good part of their study period abroad. Unfortunately, though, in the working world, how much demand is there for high-level linguists who don’t have other employable skills? Not much, hence the ones I know don’t earn as much money or respect as their skill and intelligence warrant.

On the topic of languages, I cannot understand why schools in England persist in trying to teach people German and French. I know this will be seen by many as an ignorant view, but they (especially the Germans) nearly all speak English better than most of us simply because they watch TV and films and listen to music in English.

Culturally, we cannot hope to replicate this. In my opinion, it would be much more useful to teach languages that would enable the students to explore the opportunities of the developing economies, such as Mandarin or Russian. With these skills, the individuals would be very employable as the British economy chases money from these expanding markets, which look set to dominate the business world of the future.

To read more columns by Richard Baister, click here.

Close X

Leave a comment


Name:
Email:
Comment:
  I have read and understand the terms and conditions
 

Please click the post button only once - your comment will not be published immediately

BUSINESS NEWS >>

New blood shakes up family business

By Rebecca Burn-Callander - July 04, 2008 12:39pm GMT

When Tim Perutz joined the family business, Nimlok was in poor shape. Within two years he’d taken the firm into profit, and cracked 55 countries worldwide.

"Fuel duty will cripple us"

By Kate Pritchard - July 04, 2008 12:28pm GMT

This week, hauliers descended upon the capital, sounding their horns in protest of the rate of fuel duty and waving banners reading “Truck off”. “If this situation continues, it will cripple us, if not ruin us,” says transport entrepreneur Bill Hockin.

Grass Roots entrepreneur receives an MBE for social responsibility

By Kate Pritchard - July 03, 2008 5:24pm GMT

David Evans set up Herfordshire-based performance improvement firm Grass Roots in the eighties. Today, he turns over a whopping £247m, employs over 1,000 people and has just become one of only three people in the country to receive an MBE for services to CSR.

Foresight invests in Silvigen

By Real Deals & Real Business - July 03, 2008 3:45pm GMT

Silvigen, a supplier of biomass fuels for use in the power industry, will use £1.75m from Foresight to finance the development of a processing plant in Goole, North Humberside.

Countdown to Human Capital Awards

By Catherine Woods - July 03, 2008 3:38pm GMT

At last year’s CBI/Real Business Human Capital Awards, prison administrator Vicky O’Dea was crowned the ‘people’s champion’.


BUSINESS COMMENT >>

Lee McQueen pulls a sickie

By Rebecca Burn-Callander - July 02, 2008 2:55pm GMT

First day on the job and Apprentice winner McQueen has been struck down by a flu-like virus.

Look out Boris! Sir Alan for Mayor?!

By Ally Papasodaro - June 27, 2008 4:10pm GMT

Sir Alan Sugar has been mooted as a possible labour candidate for Mayor of London, and the grizzly entrepreneur is up for the challenge.

The world's first Tibetan consumer brand?

By Matthew Rock - June 26, 2008 4:41pm GMT

Bizarre.

Elnaugh Vs. Paphitis. The Dragons are at war

By Rebecca Burn-Callander - June 26, 2008 2:45pm GMT

When Theo Paphitis suggested all women’s brains “turn to mush” when they get pregnant, fellow Dragon Rachel Elnaugh, entrepreneur and mother-of-five, breathed fire and brimstone.

I’m so excited. And I just can’t hide it.

By Rebecca Burn-Callander - June 25, 2008 11:09am GMT

Anyone else gearing up to go wild over the new domain name changes? No? Just think of the wit, variety and confusion it will bring to the world wide web.


Click here to sign up for the Real Business newsletter
Real Business Front Cover