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What is an Entrepreneur?

Sunday, September 24, 2017

Entrepreneurship

What is an Entrepreneur/Entrepreneurship?

An entrepreneur refers to a person who has an innovative business idea, who is willing to take the risk of implementing the idea, and who also takes on the role as leader of the company or organization - assuming full responsibility for its execution, success, or failure. A modern interpretation may associate being an entrepreneur with innovative and creative ideas for online use, and with someone who can use the power of the internet to fill a niche.

Entrepreneurship is one of the fundamental drivers in a free market economy, and the primary source of U.S. Job growth. UA-PTC recognizes the role of entrepreneurship in the local, state and global economy and places a priority on entrepreneurship education in getting students ready for a business career. As an entrepreneurship major at UA-PTC you will learn how to start or acquire a business, write a successful business plan, manage limited resources, networking quick pitches, attract venture funding and lead strong entrepreneurial teams.

What do Entrepreneurs do?

This is only a small snapshot of what you can do with an entrepreneurial degree. All of these places will help you gain valuable insight and hands-on experience that can either be used to further your career working for someone else, or help you become a more effective leader, should you decide to go out on your own.

1. Mid-level management

At big companies, the C-level folks develop ideas, the ground force does the work, and mid-level management converts the idea into execution. Graduates with entrepreneurial degrees are well suited for this opportunity.

2. Business consultant

The Fortune 500 is ripe with business consultants. They need people who can go to a client site, identify problems and fix them. That is what an entrepreneur does, and that is why this job is perfect for you. You have the training to help identify things that others may not pick up on and the training to know how to fix them.

3. Sales

Someone who works in sales or runs the department needs to know how businesses run. They need to know how to represent a company, manage accounts, and follow up on leads.

4. Research and development

To work in R&D, you need to understand business concepts, procedures, and practices. With all of the training and education someone has received learning about entrepreneurship, they are well prepared for this type of position.

5. Not-for-profit fundraiser

Being able to raise funds requires understanding the importance of business and networking relationships. It is a great place for someone with this type of degree because you will have experience in studying advanced concepts that can be used to your advantage on the job.

6. Teacher

Consider teaching a core competency (e.g., math, history, literature, etc.), but teach students the entrepreneurial side. Teach them the benefits of math to business, history to innovation, and literature to persuasive advertising.

7. Recruiter

Having had courses that cover operations management, leadership, and a variety of others, you most likely have a keen sense of what type of person is needed to fulfill a position. Companies who use recruiters rely upon someone being not just people savvy, but having an in-depth business sense as well.

8. Business reporter

If you can write articles, or pick up a quick class to learn it, you are in a prime position to take the lead on covering a local business beat. You will understand the field and concepts and can use your knowledge to make the business section that much more interesting and telling.

Where to UA-PTC Graduates go?

Some Entrepreneurship majors transfer to four-year schools to earn a bachelor degree. Others become small business owners or small business managers in the greater Little Rock area. Current student business owners own businesses such as barber shops/hair salons, lawn care companies, fashion retail boutiques, flea markets, bookkeeping services and more. To obtain more information about the entrepreneurship program and the field of entrepreneurship see an advisor or the entrepreneurship faculty member.

Entrepreneur Jobs after receiving a Bachelor degree or higher

  • Sales Managers
  • Lawyers
  • Marketing Managers
  • Computer Systems Manager
  • Construction Manager
  • Registered Nurses
  • Medical and Health Services Managers
  • Personal Financial Advisors
  • Public Relations Specialists
  • Sales Representatives

Programs of Study: