Entrepreneur

Entrepreneur

Career Overview

An entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit.

Education

No official training is required to become an entrepreneur; however, a two or four-year degree in business or another appropriate field (depending on the business type) would definitely be valuable!

Future Outlook

Overall employment of top executives is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations. Projected employment growth varies by occupation.

Work Environment

The work environment will depend on the type of business that is opened. Typically, an entrepreneur will likely work many hours per week (many more than 40), especially during the first few years after the business has been opened.

Recommended High School Courses

  • Business
  • Public Speaking
  • Communication
  • Finance
  • Economics
  • Public Relations
  • Marketing

  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Coordination - Adjusting actions in relation to others' actions.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Mathematics - Using mathematics to solve problems.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Negotiation - Bringing others together and trying to reconcile differences.
  • Persuasion - Persuading others to change their minds or behavior.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Service Orientation - Actively looking for ways to help people.
  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
  • Speaking - Talking to others to convey information effectively.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
  • Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
  • Category Flexibility - The ability to generate or use different sets of rules for combining or grouping things in different ways.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
  • Fluency of Ideas - The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
  • Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
  • Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
  • Near Vision - The ability to see details at close range (within a few feet of the observer).
  • Number Facility - The ability to add, subtract, multiply, or divide quickly and correctly.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Speech Clarity - The ability to speak clearly so others can understand you.
  • Speech Recognition - The ability to identify and understand the speech of another person.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
  • Execute sales or other financial transactions.
  • Purchase products or services.
  • Collect payments for goods or services.
  • Correspond with customers to answer questions or resolve complaints.
  • Create marketing materials.
  • Calculate data to inform organizational operations.
  • Determine the value of goods or services.
  • Create images of data, locations, or products.
  • Market products, services, or events.
  • Maintain data in information systems or databases.
  • Identify strategic business investment opportunities.
  • Allocate physical resources within organizations.
  • Analyze business or financial data.
  • Develop financial or business plans.
  • Develop business or financial information systems.
  • Obtain information about goods or services.
  • Update professional knowledge.
  • Develop business or market strategies.

Schools

usa_school
Abraham Lincoln Universit...
Adams State University
Agnes Scott College
Alaska Pacific University
Alfred State College
Alfred University
Allegheny College
Alvernia University
American Intercontinental...
American International Co...
American River College
American University
Anna Maria College
Appalachian State Univers...
Arcadia University
Arizona Western College
Arkansas Tech University
Asbury University
Ashworth College- Norcros...
Assumption College
Atlanta Technical College
Auburn University
Augustana University
Austin Community College...
Ave Maria University
Azusa Pacific University
Baker College Online
Bakersfield College- Pano...
Ball State University
Barry University
Baruch College (cuny)
Baylor University
Bellevue University
Belmont University
Bemidji State University
Bentley University
Bethany College- Lindsbor...
Bethel University
Bethel University (indian...
Biola University
Bismarck State College
Bluefield College
Bluefield State College-...
Boston University
Bowling Green State Unive...
Bradley University
Brandeis University
Brescia University
Bryant University
Cal Poly Pomona
California Institute Of A...
California State Universi...
California State Universi...
California State Universi...
California University- Pe...
Central Arizona College
Central Christian College...
Central New Mexico Commun...
Central New Mexico Commun...
Central New Mexico Commun...
Central New Mexico Commun...
Central New Mexico Commun...
Central Texas College
Central Washington Univer...
Cerritos College
Chaminade University Of H...
Champlain College
Chippewa Valley Technical...
Chippewa Valley Technical...
Christopher Newport Unive...
Cincinnati State Technica...
Cleveland State Universit...
Colby Community College
College Of Business And T...
College Of Business And T...
College Of Charleston
College Of The Holy Cross
College Of William And Ma...
Colorado Technical Univer...
Columbia College Chicago
Columbia International Un...
Columbus State Community...
Concordia University- Neb...
Concordia University-chic...
Concordia University-wisc...
Culver-stockton College
D’youville College
Dakota County Technical C...
Dallas College West Dalla...
Dartmouth College
Daytona State College
Delaware State University
Delaware Technical And Co...
Delaware Technical And Co...
Des Moines Area Community...
Desales University
Diablo Valley College
Dickinson College
Dickinson State Universit...
Dominican University
Dominican University Of C...
Drew University
Drexel University
Durham Technical Communit...
East Carolina University
East Central University -...
East Stroudsburg Universi...
Eastern Florida State Col...
Eastern Florida State Col...
Eastern Florida State Col...
Eastern Florida State Col...
Eastern Illinois Universi...
Eastern Michigan Universi...
Eastern New Mexico Univer...
Eastern Oregon University
Eastern University
Eastern Washington Univer...
Edinboro University
El Camino College
El Centro College- Dallas...
Elizabethtown College
Elmhurst College
Elon University
Embry-riddle Aeronautical...
Emory University
Emporia State University
Evangel University
Everett Community College
Everglades University- Bo...
Everglades University- Mi...
Everglades University- On...
Everglades University- Or...
Everglades University- Sa...
Everglades University- Ta...
Excelsior College
Fairmont State University
Fashion Institute Of Tech...
Faulkner University
Fayetteville State Univer...
Ferris State University
Fisk University
Flagler College
Florida Agricultural And...
Florida Institute Of Tech...
Florida International Uni...
Florida Southwestern Stat...
Florida State College At...
Florida State University
Fontbonne University
Fordham University
Franciscan Missionaries O...
Gateway Community College...
Gateway Community College...
George Washington Univers...
Georgetown University
Georgia Southwestern Stat...
Golden Gate University
Gonzaga University
Goucher College
Grand Canyon University
Grand Valley State Univer...
Green River College- Kent...
Gulf Coast State College
Gwynedd Mercy University
Hampton University
Herzing University- Akron...
Herzing University- Atlan...
Herzing University- Birmi...
Herzing University- Brook...
Herzing University- Kenos...
Herzing University- Madis...
Herzing University- Minne...
Herzing University- New O...
Herzing University- Onlin...
Herzing University- Orlan...
High Point University
Hillsborough Community Co...
Hillsborough Community Co...
Hillsborough Community Co...
Hillsborough Community Co...
Hillsborough Community Co...
Iḷisaġvik College
Illinois Wesleyan Univers...
Indian Hills Community Co...
Indian Hills Community Co...
Indiana University-east C...
Indiana University-purdue...
Juniata College
Kapiolani Community Colle...
Kent State University
Lake Washington Institute...
Lamar University
Lansing Community College
Lindenwood University
Long Island Business Inst...
Long Island Business Inst...
Loyola Marymount Universi...
Lynn University
Manchester Community Coll...
Marietta College
Matanuska-susitna College
Mcpherson College
Miami Dade College- Wolfs...
Mid-state Technical Colle...
National Louis University
New York University
North Central University
Northeast Wisconsin Techn...
Northeast Wisconsin Techn...
Northeast Wisconsin Techn...
Northern Kentucky Univers...
Northwestern Alaska Caree...
Northwood University- Mic...
Notre Dame University Of...
Oral Roberts University
Palm Beach State College-...
Palm Beach State College-...
Palm Beach State College-...
Pennsylvania State Univer...
Pennsylvania State Univer...
Pennsylvania State Univer...
Pennsylvania State Univer...
Pitt Community College
Queens University- Charlo...
Red Rocks Community Colle...
Rensselaer Polytechnic In...
Ringling College Of Art A...
Roberts Wesleyan College
Rogers State University
Saint Mary's University O...
Southeast Missouri State...
Southern Adventist Univer...
Southwestern Oklahoma Sta...
Spokane Community College
Stark State College- Main...
Sterling College
Stetson University
Suny Adirondack
Suny At Morrisville
Suny At Purchase
Suny Broome Community Col...
Suny College Of Human Eco...
Suny Genesee Community Co...
Suny Herkimer County Comm...
Suny Jamestown Community...
Suny North Country Commun...
Suny Plattsburgh
Suny Rockland Community C...
Suny Schenectady County C...
Suny Sullivan County Comm...
Suny Tompkins Cortland Co...
Suny Ulster County Commun...
The New School- Nyc Campu...
University Of Alaska Fair...
University Of California-...
University Of California-...
University Of Charleston
University Of Colorado- D...
University Of Maryland -...
University Of Minnesota-...
University Of Pennsylvani...
University Of San Diego
University Of Sioux Falls
University Of Southern Ca...
University Of Tampa
University Of West Florid...
Ursinus College
Walla Walla Community Col...
Walla Walla University
Weber State University- D...
Webster University
Western Carolina Universi...
Western Technical College
Wichita State University
Yeshiva University
canada_school
Academy Canada- St. Jo...
Academy Of Learning- B...
Academy Of Learning- H...
Academy Of Learning- R...
Acadia College- Surrey...
Algoma University- Bra...
Algoma University- Sau...
Ambrose University
Anderson College Of He...
Anderson College Of He...
Anderson College Of He...
Anderson College Of He...
Anderson College Of He...
Assiniboine Community...
Assiniboine Community...
Athabasca University
Bishop's University
Booth University Colle...
Boreal College- Barrie...
Boreal College- Hamilt...
Boreal College- Hearst...
Boreal College- Kapusk...
Boreal College- London...
Boreal College- Nipiss...
Boreal College- Sudbur...
Boreal College- Timmin...
Boreal College- Toront...
Boreal College- Wellan...
Boreal College- Windso...
Bow Valley College- Do...
Brandon University
Canadian Business Coll...
Canadian Institute Of...
Canadian Mennonite Uni...
Capilano University- K...
Capilano University- L...
Capilano University- M...
Carlton Trail Regional...
Cdi College- Calgary C...
Cdi College- Calgary S...
Cdi College- Edmonton...
Cdi College- Edmonton...
Cdi College- Edmonton...
Cdi College- Mississau...
Cdi College- North Yor...
Cdi College- Richmond...
Cdi College- Scarborou...
Cdi College- Surrey Ca...
Cdi College- Vancouver...
Coast Mountain College...
Coast Mountain College...
Coast Mountain College...
Coast Mountain College...
Collège Boréal
College Of New Caledon...
College Of New Caledon...
College Of New Caledon...
College Of New Caledon...
College Of The North A...
College Of The North A...
College Of The North A...
College Of The North A...
College Of The Rockies...
College Of The Rockies...
Conestoga College- Bra...
Conestoga College- Gue...
Dalhousie University
Dalhousie University-...
Douglas College- Coqui...
Douglas College- New W...
Durham College- Oshawa...
Fanshawe College- Lond...
Fanshawe College- Lond...
First Nations Universi...
Fleming College- Suthe...
Georgian College- Barr...
Horizon College & Semi...
Insignia College Of He...
King's University
Kwantlen Polytechnic I...
Kwantlen Polytechnic U...
Maritime Business Coll...
National Academy Of He...
Northern Alberta Insti...
Okanagan College- Pent...
Oulton College- Main C...
Portage College- Lac L...
Providence College And...
Royal Roads University
Saint Mary's Universit...
Simon Fraser Universit...
St. Francis Xavier Uni...
St. Mary's University
Thompson Rivers Univer...
Trent University- Durh...
Tyndale University
Université Laval
University Of New Brun...
University Of Quebec-...
Vancouver Community Co...
Concordia University- L...
Crandall University
Camosun College

Potential Scholarships

5 Strong Scholarship
Agnes M. Lindsay Scholars...
- Traditional Fulbright P...

Approx Salary Expectation

Currency:
Low End:
$45,050.00 /yr
Avg/Med:
$100,780.00 /yr
High End:
$208,000.00 /yr

References

Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, https://www.bls.gov/ooh/.
Trend Analysis - Explorer the Market, Labour Market Information, Government of Canada https://www.jobbank.gc.ca/trend-analysis.
O*NET OnLine, National Center for O*NET Development, https://www.onetonline.org/.