Is Real Estate Degree Program Is Good To Become A Successful Entrepreneur?

To become a successful entrepreneur one needs a passion, knowledge and study of entrepreneurship. Your study can include Inspirational Stories and Case Studies of Self Made Business Tycoons, Exploring Small Businesses/home Businesses –Ideating on Businesses which could be started with minimum or no capital, Ways to identify new business ideas & opportunities based on solutions to local problems; Waste to Wealth Sustainability based businesses; Advantage/Disadvantage in operation, taxes and Market Perception; Business Regulatory Framework and much more.  

India has been ranked the 3rd biggest startup hub in the world after US and UK as per the NASSCOM- Zinnov report - “Indian Start-up Ecosystem 2018: Approaching Escape Velocity”. In India more than 1,200 startups came up in 2018, taking the total number to 7,200 startups. There is a 50% increase in number of advanced tech startups since 2017. The key growth drivers are enterprise software, fintech, healthtech marketplace and edtech. Data analytics, artificial intelligence and IoT startups have also been witnessing fastest adoption across industry verticals. 

Startup India, set-up under Invest India, is a flagship initiative of the Government of India and it is intended to build a strong eco-system for nurturing innovation & startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. 

It has been estimated that to realize government’s development agenda there is a requirement of 7.5 million skilled people in the Real Estate sector by 2022. According to Mercer, world’s biggest H.R. Company, Indian Real Estate sector has offered the highest salary increase during the recent years, even more than IT, despite the current slowdown and recession in this sector of the Indian economy. According to a study conducted by a well known management entity, 30-40% of a High net worth Individual’s wealth portfolio consists of real estate assets. This real estate sector in India is still struggling to get organized and professionalized due to acute shortage of skilled professionals. 

Most real estate legends were entrepreneurs. If you want to be a successful entrepreneur a real estate program is a good place to start. In estate management, the spirit of entrepreneurship is one of the most essential qualities for success. The two fields are not independent of each other. To be an entrepreneur you need not become a real estate professional but to have success in the world of real estate you need to have all the knowledge of an entrepreneur. In the career of a real estate professional having the entrepreneurial qualities is one of the most important set of qualities. So a Real Estate degree program is good to become a successful entrepreneur only if you have entrepreneurial dreams and also want the skills and career of a real estate professional.