Entrepreneurship: a definition
Entrepreneurship refers to running your own business, selling your own new products or services to make a profit. Though this definition may seem straightforward, the process of running your own business is quite extensive, where you have to analyse risks, look for production opportunities, explore investments and many more. You’ll have to be creative, persistent, tenacious and adaptive.
When you become an entrepreneur, you create your business from the ground up and earn more money in the process.
As an entrepreneur, especially when you’re just starting your own business, you have to be well versed in the following areas to ensure that you don’t incur any financial loss:
- Decision making
- Business strategy
- Risk management
- Team-building skills
- Financial management
- Interpersonal communication
- Digital marketing
While entrepreneurship has a lot more wiggle room than other career pathways, entrepreneurship courses can support you with the many facets of running a business, from digital marketing to project management. It also opens up additional opportunities if you’re interested in the business field but don’t necessarily want to start your own business venture. These skills you learn are easily transferable across different careers and are considered a form of professional development.
Whether you don’t have much experience running a business or you need to hone in on a gap in your knowledge, we have a range of study options for whatever you need.
Bachelor of Applied Entrepreneurship
A more generalised course for business, a bachelor’s of applied entrepreneurship is beneficial for those who want to get an idea of the different skills necessary for a successful business, such as presenting your product, managing finances, marketing, venture capital raising, and much more.
By the end of this undergraduate degree, you’ll be able to create your own business models, use relevant technology to your advantage and engage with start-up landscapes.
Certificate III in Entrepreneurship and New Business — Course code: BSB30220
A Certificate III is a useful option for people who want to start their own small business, especially if you don’t have a background in business or entrepreneurship in general. You’ll learn how to implement your business idea in the real world, use your knowledge of investigating business opportunities and manage your finances. Additionally, it details several strategies to combat the challenges you may face during this process.
Master of Business Administration
If you want to elevate your career, then consider taking on a master of business administration. You’ll get the opportunity to work on real projects with various industry partners, aided by the insight of several successful entrepreneurs and world leaders.
Those who complete a master of business administration can take advantage of many benefits, as it will give you a chance to network and widen your pool of job opportunities.
Entrepreneurship job outcomes
If you’re not sure whether you want to become an entrepreneur but you’re interested in business, there are jobs in this field, including but not limited to:
- Account executive
- Social media manager
- Web developer
- Sales manager
- Product manager
- Start-up founder
- Management consultant
So is a course in entrepreneurship right for you?
If you need a better understanding of what running a business entails, you should look into an entrepreneurship course. Online courses are a convenient way to get the accreditation you need; you can pace yourself without the need to attend campus in person.
Enquire now about our entrepreneurship courses and bring your own business idea to fruition.