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What would i major in to become a good entrepreneur?
I dont know what to major in even though one of the options is entrepreneurship. Do I choose that as a major or something else.
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Darion’s Answer
I would specialize in at least one area of expertise (specific to our business interests), i.e., accounting, finance, marketing, information systems. Then I would minor in business management or entrepreneurship if they offer it at your college/university. The reasoning for this is because in most business programs you are required to take general business courses that will give you great background knowledge before you even start taking courses tailored to your specific major. I would also recommend looking at colleges that have specific entrepreneurship programs that have unique opportunities.
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Maria’s Answer
Entrepreneurs need a variety of skills including business management, leadership, communications, and financial skills. Several degrees can help lay the foundation for entrepreneurship. College Consensus lists the 10 best degrees for entrepreneurs and why at https://www.collegeconsensus.com/degrees/best-degrees-entrepreneurs/.
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Gabriella’s Answer
I think a general business degree would be helpful to you along with a minor in something like Accounting or Finance. I could be biased because my degree is in Business with a Finance minor, but I do feel like my degree gave me a basic understanding of all aspects of business, from operations to HR to money management. I suggest a finance or accounting minor because most likely as a small business, you will start out managing your own books until you grow big enough to hire someone to do it for you, and you’ll definitely want to have a basic understanding of financial statements to be successful.
I don’t own by own business but I do find that having a general business degree has opened doors for me in many industries, including nonprofit, governmental finance, manufacturing, and consulting. It is also general enough to allow you to explore your interests and build off of your business degree. However, my advice would be to definitely add a minor to your degree as the business degree itself becomes much less valuable without a specialization.
I don’t own by own business but I do find that having a general business degree has opened doors for me in many industries, including nonprofit, governmental finance, manufacturing, and consulting. It is also general enough to allow you to explore your interests and build off of your business degree. However, my advice would be to definitely add a minor to your degree as the business degree itself becomes much less valuable without a specialization.
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Matt’s Answer
Business management will probably your best option without knowing what type of business you are interested in starting. Depending on the business it could also be very beneficial to take courses specific to that profession.
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Shelbie’s Answer
Hi Andrew! One of the most important pursuits in becoming an entrepreneur is in gaining the skills to understand not only succeed, but also to rebound from failure. Most entrepreneurs don't get it right the first 5-7 times. The most important thing that I did to help me change this outcome was to take courses in Project Management. Project Managers/Client Managers have a wealth of varied skills that they implore in order to ensure successful progression and outcomes of projects. Starting a new business and building a company requires all of the skills used by project managers. I wish I had done this first.
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