From The Wall Street Journal
Forget medical school or law school. These days, record numbers of high-school and college students say they aspire to be entrepreneurs. At Yale University, for example, over 20% of the undergraduates indicate that they are interested in pursuing entrepreneurship as a career. Compare that with 1980, the year I graduated from Harvard. I didn’t know what the word “entrepreneur” meant—and neither did any of my friends.
There is good reason for this trend. Traditional career paths no longer offer the security they once seemed to guarantee, and startups promise young people independence, control and the possibility of making good money.
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Bill Aulet is the managing director of the Martin Trust Center for MIT Entrepreneurship at MIT and also a senior lecturer at the MIT Sloan School of Management.