2014
DOI: 10.4018/ijicte.2014100105
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Successful Internet Entrepreneurs Don't Have To Be College Dropouts

Abstract: Some of today's most successful Internet entrepreneurs didn't graduate from college. Many young people today followed the same path to pursue their dreams however ended up failing, not a surprise because 80% of the startups fail in first 5 years. As technology innovation and market competition on Internet continue to accelerate, college students need guidance and support more urgently now than ever before. Meanwhile most entrepreneurship programs offered in colleges and universities provide only general strate… Show more

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Cited by 2 publications
(3 citation statements)
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“…Elements of technology, business and environment in appropriate proportions of knowledge and experience can create successful Internet startups (Zhang, 2014). Experience obtained through authentic situations, such as student clubs, workshops, incubators, internships and maker spaces is an important driver for students' entrepreneurial selfefficacy (Monllor and Soto-Simeone, 2020) and helps them develop the required mindset in terms of traits, skills and competencies, especially in the field of digital technology (Chang et al, 2018b;Le Dinh et al, 2018;Secundo et al, 2020b).…”
Section: Pedagogy and Learningmentioning
confidence: 99%
“…Elements of technology, business and environment in appropriate proportions of knowledge and experience can create successful Internet startups (Zhang, 2014). Experience obtained through authentic situations, such as student clubs, workshops, incubators, internships and maker spaces is an important driver for students' entrepreneurial selfefficacy (Monllor and Soto-Simeone, 2020) and helps them develop the required mindset in terms of traits, skills and competencies, especially in the field of digital technology (Chang et al, 2018b;Le Dinh et al, 2018;Secundo et al, 2020b).…”
Section: Pedagogy and Learningmentioning
confidence: 99%
“…In this case, however, it is rather about bad judgment. As statistics shows, 80 percent of new businesses will fail in its first 5 years (Zhang, 2014), the issue can have a positive explanation. In the Czech Republic, start-ups are developing more and more as a form of business support.…”
Section: -1617mentioning
confidence: 99%
“…As an example, we can list names like Richard Branson, founder of Virgin Group, Steve Jobs, co-founder of Apple Inc., or Mark Zuckerberg, founder of Facebook. Many young people are trying to go along the same path today, but often without the expected success which was achieved by their famous precursors (Zhang, 2014). An exaggerated willingness to give up a college degree for the sake of business success could be caused by several reasons.…”
Section: Introductionmentioning
confidence: 99%