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Millions of students prepare themselves to go to college after finishing their schooling. Many do it with a goal to learn more, many do so because their dream job requires something school don’t teach. But there are many people who are stuck in some space stretching between the end of the school year and the beginning of college life. This is the ‘I am not sure’ space and students stuck here are confused about what they should do after passing out. Should they keep on studying? Or should they…. should they take a gap year?
Taking a gap year isn’t favored upon but many new reports and business experts find that a gap year can do wonders if a student manages it properly. You will get to have time for personal attention, you can pursue your interests, understand what is the right option for you, and work on many more tasks if you decide to give gap years a chance.
Who are Entrepreneurs?
A Nielsen study has reported that 54 percent pf the American Gen Z population has indicated that they want to start their own company. Everyone wants to live a debt-free, self-controlled, stress-free, and purposeful life which the entrepreneurs believe can be achieved by becoming an entrepreneur. It is this generation which is found most in the ‘I am not sure’ space today as they wonder if the cost and debt for going to college is worth it. The same study found that 30% of Gen Z and 18% of the young millennial population has considered taking a gap year before college.
This is all for a chance in entrepreneurship. An entrepreneur is an individual who creates new businesses. They do so at the risk of failure but their businesses play very important roles in boosting the economy. To be successful, they need to use their skills for bringing new ideas to the market and work with profits and success in their mind.
Experts have explained that entrepreneurship is one of the most important things required to make a business work. Other than land, labor, and other resources setting up the foundation, this skill is what gets us the ideas and plan to be followed for production and execution.
Thinking about a gap year
Many people now wonder if there’s any harm in taking a gap year to pursue other interests like this one. I mean its very burdening to expect eighteen-year-olds to get their whole lives figured out by this age, right?
They can, instead, take their time if they want to and understand what they want. There are many benefits of taking a gap year:
- You can earn valuable work experience for future career opportunities.
- Many employers today look for unique candidates and next generation skills which can improve their company’s outlook.
- It is also a chance for these students to work and collect savings without having to worry about any debt.
- After taking your time, you will get the chance to think and decide which college is the best for you. This means you will attain a proper purpose to go to college.
This also gives students ample time to think about entrepreneurship. You might think that taking the first step is difficult- that you’re not ready at all. It is completely fine. That’s why a little waiting and thinking will help you. The one-year gap that would sound wrong to other people can be your time to ask yourself what you want to do, why you want to do it, and how do you plan to.
You will have to learn to use your time wisely, explore your goals, and become truly independent. Come up with a strategy to follow. Think steadily, figure it out slowly.
Resources
- Entrepreneur: What It Means to Be One and How to Get Started. (2024). Investopedia. https://www.investopedia.com/terms/e/entrepreneur.asp
- Schroeder, B. (2020, February 18). A Majority Of Gen Z Aspires To Be Entrepreneurs And Perhaps Delay Or Skip College. Why That Might Be A Good Idea. Forbes. https://www.forbes.com/sites/bernhardschroeder/2020/02/18/a-majority-of-gen-z-aspires-to-be-entrepreneurs-and-perhaps-delay-or-skip-college-why-that-might-be-a-good-idea/
- Ritter, M. (2014, July 29). Budding entrepreneurs: how a gap year can benefit your future success. Ideas. https://www.wework.com/ideas/professional-development/budding-entrepreneurs-gap-year-can-benefit-future-success
- Dales, D. (2024, April 18). How To Take A Gap Year: For Student Entrepreneurs. Envisionary. https://envisionaryme.com/how-to-take-a-gap-year/
- View. (2012, October 10). Do You Need a “Gap Year”? – Why and Why Not? Hong Kong Social Entrepreneurship Forum. https://hksef.org/2012/10/do-you-need-a-gap-year-why-and-why-not/