The writer talks about the importance of entrepreneurship and business education in high schools to equip the next generation to create wealth.
Middle and high school students ought to be learning about how to run a business—and even running small businesses as part of their school activities. Learning how business works, what profits are, how to measure costs, handle deal with cash flow, and develop a business plan are all critical skills for the rising generation of workers. And yet, very few teachers have any idea how to teach this, much less the experience needed to guide students towards entrepreneurial success. That so many minorities, especially women, want to build businesses is cause for optimism; that so many haven’t had the education that would help them succeed is tragic—a policy failure that grows inequality and slows job creation.
