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Entrepreneur Certification a Bad Idea

Jeff Cornwall:

In the U.S. we equate providing education to entrepreneurs as a relatively voluntary act. Sure, some banks may from time to time “strongly suggest” a client take a class or visit with an SBDC counselor to assure that they have thought through their plans carefully. But, generally education is a free choice. If an entrepreneur wants to have a better chance of success, we encourage education, but that is as far as we go. They are free to launch their businesses under their own terms. The market will be the judge.

There is a movement in the U.S. to certify entrepreneurship education programs. While on the surface this is not a bad idea, we must be careful not to let this become the first step in requiring all entrepreneurs to attend a certified entrepreneurship program before being granted a business license. Farfetched? Not really, when you consider that many in this movement are enamored with the “European Way.” What makes our economic system so strong is the freedoms it offers. We don’t need the government to take away such freedoms under the pretense of “knowing what’s best for us.”

   

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