What is an Entrepreneurship Degree?
Do you dream BIG? Are you creative, passionate and have a lot of discipline and integrity? Then you fit the description of an entrepreneur or ""one who undertakes innovations, finance, and business acumen in an effort into economic goods."" -Jean-Baptiste Say
Entrepreneurs either create new business organizations or they optimize growth in other organizations. Entrepreneurs fall into several categories, such as social entrepreneurs, political entrepreneurs, and knowledge entrepreneurs.
A social entrepreneur recognizes a social issue and employs organization and management to create social change.
Political entrepreneurs begin with an idea and create their own enterprise or venture.
Knowledge entrepreneurs are not concerned with immediate profit, but instead aim to improve production through knowledge.
Entrepreneurship is really all about risk and capital. Entrepreneurs use a tactic coined as bootstrapping to gain funding and reduce the chance of debt and equity. This can be used by credit cards or stake holders. For example, Pandora Internet Radio was supported mainly by several credit cards until it was eventually funded.
Entrepreneurs play a vital role in the growth of the U.S. economy. However, 80% of new businesses fail in the first 3 to 5 years.
The work environment, time spent at work, and the amount of money earned varies drastically. It really depends on how far an entrepreneur is ready to take their business.
How can I get an Entrepreneurship Degree?
In order to earn a degree in Entrepreneurship there are a number of courses that one must take in order to learn all of the skills necessary to become an entrepreneur. These courses include: product innovation, marketing, accounting, financial analysis and more. In addition to the courses you will take and the valuable skills you will learn while earning your degree, there are other qualities that make an entrepreneur successful.
Some traits needed to be a successful entrepreneur are:
- Remaining open to new experiences
- Taking responsibility for actions
- Having a strong need for achievement and satisfaction
- Having a positive attitude
- Holding oneself to a high level of self-esteem
- Motivating others
- Have high energy
Here's an inspiring story about an entrepreneur we've all heard of:
A leading online shoe company, Zappos.com, began with one idea from one man. The founder of Zappos.com, entrepreneur Nick Swinmurn, conceived the idea of an online shoe store after feeling frustrated when shoe shopping in a mall. One store would have the right size but wrong color, and one would have the right color but wrong size. Later on, Nick went shoe shopping online and discovered there were not any online shoe stores.
Nick quit his day job and began creating his own online shoe retailer with the largest selection of shoes. He made sure his store had all different shoe brands, colors, sizes, and everything else shoe-related.
Zappos.com increased its success by providing extremely fast shipping, easy return policies, and availability. In 2009, Zappos.com joined
www.Amazon.com. And there you have it: a true success of
entrepreneurship from one idea.
Now that you know how to earn your degree, and you've heard a entrepreneur success story apply today!
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