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Messages - shibli

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1
Case Studies / Does an entrepreneur need education or not?
« on: May 25, 2024, 09:08:39 AM »
Interested in becoming a business entrepreneur? Here are five ways an MBA could help you achieve your startup dreams

As an entrepreneur, you do not need to attend business school to be successful. Yet there are some key reasons why studying for an MBA degree could make your journey to entrepreneurship much more effective and enjoyable.
Many business schools offer a supportive environment where you can test your skills and meet like-minded people who can not only inspire your startup journey but also make you feel part of a valued community.

5 ways an MBA could help you pursue business entrepreneurship:
1. Some business schools offer dedicated entrepreneurship centers
Business schools that are committed to nurturing entrepreneurship are likely to have dedicated services or centers tailored towards business students with an inclination for becoming business founders.

Old Dominion University's (ODU) Strome College of Business, located in coastal Virginia, provides resources for entrepreneurial minded students at the Strome Center for Entrepreneurship and Innovation.

ODU also assists local entrepreneurs with training and services through the Women’s Business Center, the ODU Business Development Center, and the Veterans Business Outreach Center, which are all located off-campus in downtown Norfolk.

“We have a lot of different options for people to find a place that works best for them,” says Sharon Scannell, program manager of the Strome Center for Entrepreneurship and Innovation.

2. Military students can access tailored advice for becoming business entrepreneurs
Since ODU is located next to Naval Station Norfolk—the world’s largest naval base—many military or ex-military students attend the military-friendly MBA program at ODU’s Strome College of Business.

Military and ex-military entrepreneurial students may request mentorship and startup services from VBOC, the Veterans Business Outreach Center.

“Running a business is a lot about determination, and those with a military background tend to already have this mindset deeply instilled while appreciating the value of teamwork and discipline,” says Sharon.

The VBOC offers courses such as Boots to Business, which is a program designed for military personnel transitioning out of the military.

“It’s an option for people who are moving from the military and trying to decide what to do with the next part of their lives.

“The program is focused on letting [military personnel] know that entrepreneurship is an option and that there are resources from the government and resources from ODU in the form of VBOC,” explains Sharon.

3. Students learn about entrepreneurship at their own pace
The Strome Center for Entrepreneurship and Innovation instructs students in entrepreneurship through a dojo-like model. In this approach, students develop their businesses at their own pace, following a program based on Lean Startup methodology. The Lean Startup method provides a framework for driving business growth with maximum acceleration. Additionally, students utilize the Business Model Canvas—a strategic visualization tool for structuring their business models.

Students have milestones to reach at their own pace and visit the Strome Center for Entrepreneurship and Innovation whenever they need support.

Students work through topics such as customer discovery, marketing, licensing, cash flow, and projections depending on where the student is at in their business venture creation with the team of experts at the Strome Center for Entrepreneurship and Innovation.

For some exercises, students of all levels may work together, and then for others, there will be separate groups focused on distinct experience levels or independent activities.

“We're moving everybody forward on an individual basis in the training because the needs are different,” says Sharon.

“That seems to work better for us, and it works better for the students.”

Some of the types of entrepreneurship projects that business school entrepreneurs at ODU work on include everything from re-selling businesses to arts and crafts, baked goods, and graphic design and marketing services.

4. Learning from a diverse curriculum helps form business ideas
An important advantage of being an entrepreneur at business school is the opportunity to test out ideas in a supportive setting while learning about important business concepts that are immediately applicable to a new venture.

The 21-month ODU MBA program, a degree offered either online, hybrid, or in-person, enables students to customize their learnings to their interests.

The flexible MBA offers concentrations in specializations such as Maritime and Ports Management, Supply Chain Management, Business Analytics, and Project Management.

There are also individual courses to choose from geared towards budding entrepreneurs, including Business Planning for Entrepreneurs.

As someone who has founded a successful technology business herself, Sharon says that business school is a fantastic opportunity for entrepreneurs to learn the fundamentals of business, such as supply chain, organizational behavior, and accounting, that are instrumental in the creation of a startup.

5. Networking is key in entrepreneurship
It's challenging to find a network as robust and ready-made as the connections gained during study at a business school.

Students can work alongside other entrepreneurs at the Strome Center for Entrepeneurship and Innovation. This provides a strong sense of community for these individuals.

“We have a lot of services at ODU to help students find someone who can provide relevant advice. Many of the professors at the business school have owned their own businesses,” says Sharon.

ODU is ideally located in the Hampton Roads region, which is a buzzing hub for entrepreneurs. The region has one of the most active angel investor groups in the US.

“If you wanted to work with other entrepreneurs in the area, such as those from Virginia Beach, Newport News, or Williamsburg, there is an abundance of people to connect with. There is so much activity going on to inspire entrepreneurs,” she says.

2
We can enhance our entrepreneurial ecosystem by implementing an accelerator program aimed at nurturing entrepreneurs among all departmental students. In this digital era, IT students can team up with other departmental students. This program can provide personalized one-on-one mentorship sessions, fostering support for funding to scale their business ideas to minimum vaible products or services.. Group mentorship sessions can also be organized, promoting collaborative learning and idea exchange among aspiring entrepreneurs.

To streamline the process, the university can offer a one-stop solution for registration and participation in the accelerator program. This centralized platform would simplify the application process, making it accessible for all interested students. Additionally, providing step-by-step guidance and resources for business development, such as workshops, networking events, and access to funding opportunities, can empower students to transform their innovative ideas into successful ventures.

By incorporating these elements, we can create a dynamic entrepreneurial hub, encouraging students to explore their creative potential, learn from experienced mentors, and contribute meaningfully to the startup ecosystem

3
Global collaboration and open markets could play a role in fostering innovation in which China is very conservative. However, geopolitical and economic factors can influence these dynamics, making it difficult to provide a final prediction.

4
For China to beat the U.S. in innovation, they need to keep investing in research, support entrepreneurs, protect intellectual property, improve education, and attract talent. Working with other countries and keeping markets open could also help. But predicting the future is tricky because things like global politics and the global economy can impact how things unfold.

5
Ranking / Re: Ranking of a program of a University
« on: November 09, 2023, 05:06:01 AM »
Ranking of a departmental program depends on the holistic development of an Institution such as total quality management, guardians' perception, mass people’s perception,  research achievement, graduates' performance etc.

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Ranking / Ranking of a program of a University
« on: November 08, 2023, 01:15:20 PM »
Improving the ranking of a program such as a master's or bachelor's or BBA/MBA programmes  involves various strategic actions and continuous efforts. It is not easy but a journey. Here are some general steps that educational institutions often take to enhance their program's ranking:

Academic Excellence: Focus on maintaining high academic standards. Ensure the quality of education, faculty, and curriculum.

Research and Publications: Encourage faculty and students to engage in research activities and publish papers in reputable journals. High-quality research often positively influences rankings.

Student Experience: Enhance the overall student experience by providing excellent facilities, resources, and student support services. Positive feedback from students can contribute to a program's reputation.

Industry Connections: Foster strong ties with businesses and industry leaders. Partnerships, internships, and guest lectures from industry professionals can enhance the program's practical relevance.

Alumni Engagement: Maintain an active alumni network. Successful alumni can contribute to the program's reputation and may participate in mentorship programs or guest lectures.

Global Exposure: Offer opportunities for international exposure, such as study abroad programs, international student exchange, or partnerships with foreign universities.

Accreditations: Seek accreditations from renowned accreditation bodies. Accredited programs often have higher credibility.

Innovation: Stay updated with the latest trends in business education. Integrate innovative teaching methods and technologies into the curriculum.

Graduate Placement: Focus on helping graduates secure meaningful employment after completing the program. High placement rates and successful alumni in prominent positions can boost the program's reputation.

Public Relations and Marketing: Promote the program effectively through various channels. Highlight achievements, faculty expertise, and successful alumni stories.

Continuous Improvement: Regularly assess the program's strengths and weaknesses. Use feedback from students, alumni, and industry partners to make necessary improvements.

We should remember rankings are influenced by various factors, and it's essential to focus on providing a high-quality education and positive student experience. Over time, these efforts can lead to improved rankings and a strong reputation for a specific master's program. To be continued
(The author studied on this topic from various sources and wrote it.)

9
Faculty Forum / Re: Moodle in education
« on: April 30, 2018, 05:53:57 PM »
Can I have the source of the article?

10
Please write something. Please don't just agree with the concept!

11
Pharmacy / Re: Seven food for better sleep
« on: April 30, 2018, 05:51:42 PM »
Can you please send me the source?

12
People nowadays watch videos a lot.

13
In the course Art of living, we have been planning to incorporate Human Values. At the same time, i also believe parents are the best teachers.

14
Hadith / Re: HADITH of the Day
« on: July 25, 2016, 06:32:21 PM »
"I leave behind me two things, the Quran and the Sunnah, and if you follow these two, you will never go astray." Final Sermon of Prophet Muhammad (pbuh)

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Allah: My belief / Re: The Holy Qur'an
« on: July 24, 2016, 07:47:03 PM »
"And hold fast,
All together, by the rope
Which Allah (stretches out for you),
and be not divided among yourselves;"
[Al-Qur’an 3:103]

Qur’an further says,
"Obey Allah, and obey the Messenger"
[Al-Qur’an 4:59]

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