Archive for the ‘Entrepreneurship’ Category

Entrepreneurship = Innovation = Growth

Entrepreneurship = Innovation = Growth

To define entrepreneurship, we can say that appropriate resources are gathered to achieve a goal. The goals involve certain risks. These risks can affect an entrepreneurs' wealth and time. The ventures could be focussed towards many different outcomes. These ventures may support philanthropic ideas, environmental initiatives, profit, etc. Examples of entrepreneurship could be starting up a company like Microsoft, or a charity organization. An entrepreneur brings a new product or service to our economy. This means that a new idea or innovation is created.

Innovation determines there are new ways of creating value for consumers. Entrepreneurs strive to impress investors for support on new business ideas, these business ideas aim to add value for consumers. When there is innovation, we find new ways to improve the lifestyle of regular people. Consumers have better options to improve the quality of their lives. The same way Thomas Edison introduced the light bulb, we have entrepreneurs pitching ideas. Entrepreneurs in business want to keep doing this, simply because its the path towards starting out a company. By starting a business, growth and profits can eventually be established. This leads to a successful venture.

A successful business facilitates the internal and external environment. Not only is the company a great source for creating new jobs, consumers and contracting companies find use in the product provided. In other words, better efficiency is created in different places that support the product. This contributes to the gross domestic product (GDP). The GDP shows improvement in goods and services domestically. This is a good indicator of how well the economy is doing. When there is an increased GDP, the economy is doing well. In this case, there are better employment rates and citizens are happy with results. Innovation also helps trade, businesses may send their products out overseas or branch out globally. This is great for building relations with economies from other countries.

Since entrepreneurs contribute towards innovation, they are needed in the domestic system. The entrepreneurial lifestyle should be supported by the general public and the government. To have many entrepreneurs means potential for new ideas, products and services. It means potential for new business start-ups and business engagement. Entrepreneurship should be continuously funded by the government. By funding entrepreneurship, we are investing in future improvement and technological growth. In other words, globalization exists through entrepreneurial activity. Entrepreneurs lead a difficult task of gathering resources to fulfill a purpose. They not only have to find financial support, there is also the hard work needed in creating a business plan and making the appropriate decisions. Nowadays, entrepreneurs need to be persistent and stay focussed towards their goals. Most ventures don't succeed, which is why its common for entrepreneurs to try many different ideas. It is important for entrepreneurs to receive all kinds of support during these rough patches. Our economy needs it.

 

 

Written by Basim MIrza

 

Wikipedia. Entrepreneurship. [6st September 2009].http://walmartstores.com/FactsNews/NewsRoom/8437.aspx

 

Entrepreneurship. Resource Center. [6th September 2009].http://www.entrepreneurship.org/ResourcesCenter/

 

Innovate on purpose. Invention, innovation and entrepreneurs. [6th September 2009]. http://innovateonpurpose.blogspot.com/2006/10/invention-innovation-and-entrepreneurs.html

 

Basim Mirza

http://www.basim.ca

Business Development Solutions

Free Articles & Video Lessons

What is the scope of MBA in Entrepreneurship Programs?

As we all know MBA has a reputed stand in the industry when it comes to work with top multi- national companies. So, all you aspiring professionals must try your hands on MBA!

Business management courses delivers knowledge in management, data stock, data withdrawal and business study to categorize, track and develop key processes and information of any organization. Over all, it makes you fully skilled and equipped with fight against any situation and grows the business further. If we talk about any specific business course that guarantees a success in your professional life by identifying and monitoring the trends of corporate, competitor and market performance then MBA in Entrepreneurship programs would be the best one to choose!

Scope of MBA in Entrepreneurship programs

MBA in Entrepreneurship programs (MBA- ED) is a course specially designed for those who are interested to gain a command over hard core business decisions. In today's competitive business era, you need to be ahead of others to get the best. Business degree in Entrepreneurship programs trains you to be a leader in your relevant filed. MBA- ED is a must have for small scale business owners or any individual who wants to stand out in the industry by effective handling their ventures and by taking it to the next level of success. Any one who possesses this degree automatically comes in the limelight through their unmatched skills to develop business. Hence, becomes the first preference of many renowned companies.

Career Prospects in MBA Entrepreneurship

Any one with a business degree in Entrepreneurship is all set to rule the industry with their own skill and knowledge. Apart from this, all companies love to hire professionals who need less training and can individually handle the business projects. Here by the scope of career growth in this field is immensely high!

 

MBA in entrepreneurship is the perfect course for the people who want to run their own business. Know more about the business management school and executive mba programs.

 

Learn Entrepreneurship By Earning An Online MBA Degree

If you are fed up with the 9 to 5 job and are no more interested in working as an employee. It is the time perhaps you want to start your own business. Starting your own business means taking risks. To become successful entrepreneurs you might also be looking for a course. You can learn entrepreneurship by earning an online MBA in entrepreneurship. There has been a growing popularity for online MBA programs. Online entrepreneurship will help you to attain the basic aspects of entrepreneurship

Many people desire to acquire the skills in entrepreneurship but as they do not get time to earn a degree by attending a regular course. That is the reason why many people prefer to go for online MBA programs. These programs are very easy to complete within the comfort of your home. Moreover, you need not have to spend more as compared to the regular MBA programs.

Once you enroll yourself in an online MBA in Entrepreneurship, you will be provided with all the required course material which will help you to learn the tricks of the trade and can help you to become a successful entrepreneur. Moreover, the biggest advantage of enrolling in an online MBA program is that you can pursue the degree while you are still working your regular job. You need not have to quit your job while you purse your online MBA degree program.

Internet has been a boon to all those who do not have time for a regular course. You will have to just login and enter a unique user name and password after you enroll in any university. Many universities have come up offering online MBA in Entrepreneurship. However, with the growing demand of such online MBA programs more and more universities are offering online MBA programs. Online MBA in Entrepreneurship is one of those online MBA Programs that will not only help you learn the entrepreneurial skills but also will help you to set up your own business. You can take up a planned approach while starting a business, take calculated risks and can foresee the consequences. Life becomes much more easier when you start a business with an online MBA in Entrepreneurship.

Sarita is copywriter in MSL Pvt Ltd. That offered online mba university programs education such as online mba, correspondence mba , distance learning mba , online executive mba.

A Degree in Entrepreneurship

Today the field of entrepreneurship has become an accepted part of the higher education curriculum.  This was not always the case.  Only about 16 colleges and universities offered entrepreneurship courses in 1970.  By 2005 however, over 2,000 universities offered these types of classes.  The real growth in entrepreneurship programs began in the early 1990's and has continued to this day.  Now students have the option to major in entrepreneurship and even social entrepreneurship at some schools.

Does this mean we will see a drastic increase in the number of start-ups?  No, the studies show this is not the case.  Since the 1970's the number of start-ups has fluctuated very little.  This fact brings up many important questions (are entrepreneurs born or made? etc.) that we will not get into here.  However, there are many positives to taking courses in entrepreneurship. The Harvard Graduate School of Education found that students who have taken a 50+ hour course in entrepreneurship are more interested in furthering education and career aspirations, feel more control over their lives, and display an increase in leadership behavior.

For those of you considering going to college (or perhaps back to college), a degree in entrepreneurship may interest you.  Although you clearly do not need a college degree to become an entrepreneur, it can give you a greater sense of security and confidence and is also a great place to network.  For those of you who are interested, below is a list of the 10 best undergraduate entrepreneurship programs by US News & World Report.

1. Babson College – MA

2. University of Pennsylvania – PA

3. University of Southern California – CA

4. Indiana University (Bloomington) – IN

4. Massachusetts Institute of Technology – MA

6. Syracuse University – NY

7. University of Arizona – AZ

8. University of California (Berkeley) – CA

9. University of Texas (Austin) – TX

10. Ball State University – IN

Those of you who wish to use business as a means of social change, the 10 business schools below emphasize the environment, business ethics, and social entrepreneurship.  Taken from the Beyond Grey Pinstripes research survey.

1. University of Michigan (Ross)

2. Yale School of Management

3. Stanford Graduate School of Business

4. Notre Dame (Mendoza)

4. UC Berkeley (Haas)

6. NYU (Stern)

7. Columbia Business School

8. University of Virginia (Darden)

9. Cornell (Johnson)

10. GWU School of Business

 

I am not a successful billionaire entrepreneur.  I have not started the next Microsoft, invented the next breakthrough consumer product, or sold my business for a ridiculous gain.  I am nota business expert by any means.

I am probably very much like you.  A young, ambitious entrepreneur with a great interest in business, adventure, and living life to the fullest who is anxious to make his or her mark on the world.  I am writing this blog as a source of information, inspiration, and entertainment for similar people to myself as we take the plunge into and entrepreneurial life.

Hope you enjoy,

Jake Adams

www.ENTREPRENANT.us

Advertising

Enter your email address:

Delivered by FeedBurner

Links