The Fear Factor In Russian Business Startups

| Total Words: 409

Your school may have done away with winners and losers, but life has not. In some schools they have abolished failing grades; they’ll give you as many times as you want to get the right answer. This doesn’t bear the slightest resemblance to ANYTHING in real life. Bill Gates

In communist or even socialist governments there tends to be lackluster entrepreneurial efforts. The individual wishing to start the business often finds little in the way of vested interest in committing their time and talent to something they will never really be able to benefit from.

After the collapse of Russia a new way of thinking was needed to move the country forward. The choice was capitalism and the flint of entrepreneurialism was struck often in an effort to jump-start the economy.

There is a push in Russia to advance the cause of the entrepreneur by providing classes that assist the population in learning how to develop their own business. Reports indicate that other European Universities will see as many as 70% of their higher education centers providing classes on business development.

The idea of being able to create opportunities is leading many...

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