Entrepreneurial Studies
An entrepreneur is one who organizes, manages and undertakes the risk of starting and running a business or other enterprise. Most entrepreneurs are focused on innovation and the creation of wealth.
Career Fields
Small Business
Strategies:
Entrepreneurs must know how to operate every aspect of their business. Typically, this includes the areas of:
- Day to day business management
- Marketing-related duties: advertising, selling
- Supply Chain Functions: Distribution of products/services
- Human resources functions: Hiring/Firing, performance appraisal and training
- Financial record keeping/accounting
Be highly motivated and focused on goal achievement
Be able to have a vision for the organization and be prepared to convince others/ in order to secure funding and investors
Locate and utilize resources for small business: funding, training, and management
