Startup culture, with its emphasis on quick success and profitability, is corrupting the entrepreneurial spirit of our youth. This culture is turning young minds away from the true essence of entrepreneurship, which is about solving problems and creating value for society, not just making money. The allure of fast cash and the glamorisation of startup founders are overshadowing the real purpose of entrepreneurship.

The media plays a significant role in this distortion. With their focus on funding rounds, valuations, and exits, they create an illusion that entrepreneurship is all about financial success. This skewed perspective is damaging, as it discourages young people from pursuing meaningful ventures that may not yield immediate financial rewards.

Furthermore, the education system is also complicit in this issue. Many universities are promoting courses on entrepreneurship that focus more on business models and profits rather than on problem-solving and innovation. This approach is creating a generation of entrepreneurs more interested in quick wins than in creating lasting value.

The solution lies in redefining our understanding of entrepreneurship. It should be about creating solutions to real-world problems, not just about making money. We need to encourage our youth to pursue ventures that contribute to society, even if they don’t promise immediate financial success. Only then can we foster a healthy entrepreneurial spirit that benefits everyone.

Go to source article: http://www.telegraph.co.uk/technology/11765609/Start-up-culture-is-corrupting-our-youth-and-killing-real-entrepreneurship.html