| Entrepreneurship can be defined as the | | | | annually |
| creation of a new business or enterprise. | | | | |
| | | | Entrepreneurs are major contributors to the |
| Entrepreneurs play a significant role in the | | | | economy contributing more than half of the |
| growth of job markets. With the creation of | | | | U.S.'s non-farm private sector gross domestic |
| new business or industry comes the creation | | | | product |
| of new jobs. The United States has a | | | | |
| significantly greater amount of | | | | Entrepreneurial businesses produce 13 to 14 |
| entrepreneurial activity than in Europe. Thus | | | | times more patents per employee than large |
| earning your degree in Entrepreneurship can | | | | patent-producing firms |
| make you a viable candidate for employment | | | | |
| worldwide. | | | | Training: |
| | | | |
| Entrepreneurship is a difficult undertaking | | | | Though formal education is not a prerequisite |
| because it takes a lot of work and planning | | | | for becoming an entrepreneur, it is advisable |
| to get a business up and running. That and | | | | that you make an investment in a formal |
| many businesses don't survive their first | | | | education before you risk your capital on |
| year. , The activity of entrepreneurs are | | | | your new venture. Those who succeed in |
| different depending on the type of business | | | | starting their own businesses tend to have a |
| is being started. Entrepreneurs risk their | | | | formal education. Degree programs in |
| own capital, and services starting a new | | | | entrepreneurship offer an interdisciplinary |
| company. But the payoff for those who succeed | | | | curriculum to cover many topics that would be |
| is great. As an entrepreuer, you are your own | | | | important top an entrepreneur. Course work in |
| boss, and therefore have to assume all | | | | these programs will cover business |
| reponsibilities for your business. Being your | | | | management, economics, communications, |
| own boss sounds great, but you have to | | | | finance, and sales. Additionally, taking |
| realize that you will most likely spend and | | | | classes in risk management, conflict |
| average of seventy hours a week on your start | | | | resolution, and management will help you on |
| up business. | | | | your road to success. In an entrepreneur |
| | | | degree program, you can obtain experience and |
| Facts: | | | | theoretical understanding which will best |
| | | | prepare you for the great undertaking of |
| Entrepreneurs generate 60- 80% of new jobs | | | | starting your own business. |