Entrepreneurial Studies - Overview
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Being your own boss can be extremely rewarding, but there’s a reason why many new businesses never celebrate their 1 year anniversary.
Statistics show that about a fifth of new businesses fail in each of the first 4 years.* The Herzing University Bachelor Degree in Entrepreneurial Studies can help you steer clear of common pitfalls and set you up for years of successful growth and profitability.
Owning a company combines all the different aspects of business: marketing, accounting, employee management, human resources, marketing, business law and production are just the tip of the entrepreneurial iceberg. To make sure your new company doesn't sink, you'll have to know enough about each of these areas to either take on the duties yourself, or know how to evaluate and hire others to do them for you.
It's about your Passion
Entrepreneurs invest a lot of time, money, energy and emotion into their business. Because of this, they must have a strong passion for their product or service and never lose sight of their ultimate goal. They must also be able to ride the ups and downs that will inevitably occur.
A degree in Entrepreneurial Studies might be a good fit for you if you:
- Wish to open your own business
- Look to run or grow an existing small company
- Seek a solid foundation in all areas of business
In addition, you should have or be willing to develop the following skills:
- Comfortable working on a computer
- Be able to network professionally in order to promote your business
- Understand basic accounting and finance
- Enjoy working with people
If you are concerned about any of these skills, the Entrepreneurial Studies degree will help you identify if you should consider taking on a partner who can take over the areas you are less passionate about.
Learn more about our Bachelor Degree in Entrepreneurial Studies
*Source: U.S. Bureau of Labor Statistics