The Fear Factor In Russian Business Startups

The Fear Factor In Russian Business Startups



“Your school may have done away with winners and losers,​ but life has not. in​ some schools they have abolished failing grades; they'll give you as​ many times as​ you want to​ get the​ right answer. This doesn't bear the​ slightest resemblance to​ ANYTHING in​ real life.” – Bill Gates

In communist or​ even socialist governments there tends to​ be lackluster entrepreneurial efforts. the​ individual wishing to​ start the​ business often finds little in​ the​ way of​ ‘vested interest’ in​ committing their time and talent to​ something they will never really be able to​ benefit from.

After the​ collapse of​ Russia a​ new way of​ thinking was needed to​ move the​ country forward. the​ choice was capitalism and the​ flint of​ entrepreneurialism was struck often in​ an​ effort to​ jump-start the​ economy.

There is​ a​ push in​ Russia to​ advance the​ cause of​ the​ entrepreneur by providing classes that assist the​ population in​ learning how to​ develop their own business. Reports indicate that other European Universities will see as​ many as​ 70% of​ their higher education centers providing classes on​ business development.

The idea of​ being able to​ create opportunities is​ leading many Russian citizens to​ attempt to​ forge a​ better life through the​ mechanism of​ capitalism by tapping into consumer demand. the​ end goal is​ to​ develop a​ business that can provide a​ personal financial boon.

Ironically it​ is​ fear in​ some cases that has promoted the​ entrepreneurial spirit in​ Russia. More than simply an​ interest in​ fulfilling a​ dream,​ these entrepreneurs are fearful they may have very little opportunity unless they discover it​ on​ their own. it​ is​ the​ fear of​ failure that may be the​ driving force for some of​ these men and women.

Conversely,​ in​ many existing capitalistic cultures it​ is​ aspiration that provides the​ means of​ motivation. There may be less fear of​ failure while ambition provides the​ fuel to​ reach higher and further to​ maximize certain goals.

It is​ interesting that while the​ goals are separate and distinct,​ the​ end result can be similar; the​ development of​ a​ successful business that hinges on​ a​ dream.

As Russian Universities continue to​ offer and develop practical programs for their students,​ the​ world is​ likely to​ see success in​ Russian startups.

While some of​ the​ entrepreneurial programs have a​ western tie it​ is​ likely the​ end result will still be uniquely Russian in​ design and execution adding yet another colorful thread to​ the​ tapestry of​ a​ global economy.




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