How to become an Entrepreneur?
If you want to start a business but don't know where to start, don't worry--you are not alone. In fact, given the new economic reality of our time, more people than ever before have found the "job" they thought was waiting for them doesn't exist. Others have come to the conclusion that they would rather create work they love, constructed to fit with their own life goals. Be your own boss, but moreover, become an entrepreneur!
Tips to get you started
1. Take a Stand for Yourself: If you are dissatisfied with your current circumstances, admit that no one can fix them except for you. Change can only occur when you make a conscious decision to make it happen.
2. Identify the Right Business for You: Give yourself permission to explore. Be willing to look at different facets of yourself and listen to your intuition. How do you know what business is "right" for you? Do What You Know - Do What Others Do & Solve a Common Problem.
3. Business Planning Improves Your Chances for Success: A business plan will help you gain clarity, focus and confidence. As you write down your goals, strategies and action steps, your business becomes real.
4. Build a Support Network: Network locally, nationally & via social networks, and do it right:
- When attending networking events, ask others what they do and think about how you can help them. The key is to listen more than tout yourself.
- No matter what group you join, be generous, help others and make introductions without charging them.
- By becoming a generous leader, you will be the first person that comes to mind when someone you've helped needs your service or hears of someone else who needs your service.
But before you spend a penny, skill yourself right!
Being a successful entrepreneur means you have to wear a lot of hats, especially when your company is just starting out and you don’t have enough employees to cover all the areas you need.
Learning the new skills necessary to start a new business can be expensive, but fortunately the initiative for free, high-quality, educational resources online has only continued to grow in the past few years. Below are some of the resources available to learn more about marketing, entrepreneurship, business management and more.
For example, a one-year Master degree at University of Technology Sydney in Business Administration in Entrepreneurship will take you through the stages of taking your business idea and developing it into a product or service offering, that will sell well on the market. Students in this course expect to be trained in fundamental business skills in accounting, finance, marketing, sales and data analytics and develop knowledge in important areas of entrepreneurship and innovation management.
The course is designed to provide students with entrepreneurial skills and knowledge in a flexible and modular structure which is academically rigorous but also practical to enable the development of future entrepreneurs and innovators. The course does so by offering a program involving:
- Start-up Finance and Accounting
- Start-up Data, Marketing and Sales
- Opportunity Commercialisation
- Leadership, teams and scalability
- Corporate structure, and intellectual property
- Entrepreneurship and innovation practice
- Venture planning and pitching
- Global entrepreneurship
Such a course program will cover almost all the core knowledge needed to build up a sustainable start-up for your business idea. And that is how you safely start your extraordinary journey of learning to become an entrepreneur.
Want to know more about courses like these? Contact our Study Advice team now.