In this fast paced world, do you ever feel you know what you want to do, but unsure how to get there? You may wonder what the point is of studying something that does not interest you? Or you may even be a little afraid that AI may replace YOU in the next few years? If such questions bother you often, then you have come to the right place.
We live in a VUCA world – Volatile, Uncertain, Complex and Ambiguous – where stress and competition are at an all time high. One may feel directionless, or begin asking questions pertinent to the education one is receiving. There comes a time to evaluate one’s choices. AI’s entry in the realm of jobs can be viewed as a negative wave of takeover. People are being laid off with AI’s introduction into various office settings. Initially the introduction to AI brought volatility in the world, uncertainty in the markets and companies, complexity in the process of decision making, ambiguity in the future. However, it also gives society the opportunity to move away from complacency to find niche markets where impact can be made.
Artificial intelligence has made a big impact especially on entrepreneurship and start ups, more specifically in market research. For example work that takes humans 2 weeks, takes AI 2 days or lesser. AI has its limitations, but it needs to be used wisely and carefully. When it comes to entrepreneurship, individual people are able to operate on their own without a big team, even coming up with the necessary ideas to launch. However, AI is still incomplete without the human touch to complete it. The question that arises is, how is one to find the balance?
People often speak about how AI is taking over and most jobs and companies are moving towards redundancy. MIDAS gives the youth the space, resources and expertise to come and explore their niche and Ikigai. The gurukul-style set up gives them the opportunity to truly explore and make significant impact and contribution in the real world.
Old formulas for modern problems are impractical, as most are already experiencing. Businesses that adhere to old methods will fall behind. Uncertainty has and will always be a part of businesses, as the future is tough to predict. Artificial Intelligence has to be incorporated, not feared. One can find innovative ideas to mould it in one’s favour rather than resist it.
Knowledge is precious and priceless, but when it becomes known and available to all, it loses its distinctiveness. Most individuals want to create and build something of their own: a startup, a family business, an entrepreneurship venture that is one-of-a-kind. Some need direction or guidance and others may lack confidence. This is where Midas’s expertise and experience are necessary. It is where modernity meets traditional methods. MIDAS follows a gurukul based system where it is not solely about closing gaps and problems. It nurtures individuals to create impact in the real world. Individuals are given the opportunity to go beyond just classroom learning. They get exposed to the real world and issues that they learn to tackle and overcome. Students here learn that idea generation isn’t solely about overcoming gaps in various markets but about listening and acting on their true calling . The space is where the mind of the entrepreneur is encouraged.
Entrepreneur mindset:
Most assume this is easy and does not require specific skills. ‘One size does not fit all’ is a common saying. It is prevalent here as well. Every entrepreneur has to learn to build on their competencies, strengths and values and these vary for each individual. At MIDAS, there is no pressure or expectation to fit any particular mold. Rather, there are spaces to explore with mentors to guide along the way.
Innovation and creativity:
To explore any new project or idea, one has to think creatively to innovate something new. In our society of constant competition, it becomes tougher to create innovative ideas. At MIDAS the facilitators guide the students to find answers and solutions to their problems on their own. It is not about the end goal, but rather the journey along the way. It begins from where the student already is, not where others expect them to be. There is more freedom and hands-on-experience, for innovating and thinking creatively about new business ideas and ventures.
Real-time experience:
What today’s youth lack the most is the space to take that risk and test their business ideas out in the world. More peace is made with complexity and ambiguity. Lesser fear and more confidence get built at every step. Everyone learns to work with difficulty and find their own solutions.
MIDAS consciously breaks away from tradition, not to shape them into ‘one size fits all.’ This program also has courses on AI and how to work with it to benefit and not hinder – a holistic integration where self-reliant, independent and one of a kind individuals begin their journey.
If this resonates with you, do contact MIDAS School of Entrepreneurship, for more information.