Entrepreneurship has resulted in the unprecedented run ofInternet start ups, hardware and software success stories. One or two people with a new idea can find capital investors and become Entrepreneurs. Unlike ten years ago however, Entrepreneurship requires not only a good idea but a good Business Plan. Investors want to see a profitable venture on the horizon, not just a good research project.
Some companies take a long time to turn the corner. Amazon’s quarterly losses went on for years before they got into the black. Sometimes, the Entrepreneur is going to have lean times and nervous investors. It is those times when the combination of business vision and personal skills will often pull you through. Basic Business Skills are sometimes as important as the idea and the engineering required to make the idea a reality.
The nature of your idea – your product – will dictate your area of technical expertise. Here are some other pieces of the Entrepreneurship organization and skill sets that you should keep in mind. If you’re a successful Entrepreneur, you will be building an organization along with a product.
Degrees for People Involved in Entrepreneurship
Bachelors/Masters in Business Administration
Bachelors in Finance
Bachelors in Management/Operations
Bachelors in IT Management
Bachelors in Business/Communication
Median Salaries for Positions in Start-up Companies