But even as one can yet learn from doing, as with Munk, and even as students can be educated in the sciences or in business administration, they can taught about entrepreneurship. There are certain basic procedures that apply in creating a business. There are essential principles, many of them managerial, that the student can learn and put to use. However, even as in the sciences or business, whether one becomes a successful scientist or accountant will ultimately depend on personal skills, experience, timing and luck.