What Is Entrepreneurship?

Entrepreneurship as a field involves the conception, development and sale of a new product or service. To learn more about the education and skills of entrepreneurs, keep reading. Schools offering Entrepreneurship degrees can also be found in these popular choices.

Becoming an Entrepreneur

Entrepreneurs are creative, business-minded people who come up with ideas and develop them into products or services. They make a business model and assume all risk for the business's success or failure. Although there are no educational requirements to become an entrepreneur, many colleges and universities offer undergraduate and graduate business degrees with specializations in entrepreneurship.

Some schools have clubs for entrepreneurial-minded students and business institutes for studying entrepreneurship. Additionally, some schools conduct entrepreneurship competitions, which may result in a cash award that can be used for seed money to start a business.

Qualities of an Entrepreneur

Entrepreneurship requires creativity, innovation and determination. Additionally, entrepreneurs must be willing to take personal and financial risks to start their businesses. Entrepreneurship requires making many decisions and thus those interested in starting a business must be decisive and persuasive. An ability to negotiate is also helpful.

Entrepreneurship and the Economy

Entrepreneurship and the creation of small businesses drive the national economy; without new businesses and new ideas, the economy slows down because nothing is making it grow. Entrepreneurship leads to new products, new ideas and new businesses, which can lead to more jobs and economic opportunity. Sometimes, one idea can make a business succeed for years, but, according to the Small Business Administration, only about half of small businesses survive more than five years.

Additionally, the survival of new businesses can depend on industry. For example, the U.S. Bureau of Labor Statistics (BLS) reports that from 2000 to 2010, new businesses in the health care and social assistance industry had a 25% higher survival rate than those in the construction industry.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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  • ITT Technical Institute

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    • Anywhere: Online Campus
    • Alabama: Online Campus, Bessemer, Madison, Mobile
    • Arkansas: Online Campus, Bessemer, Madison, Mobile, Little Rock
    • Arizona: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson
    • California: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance
    • Colorado: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora
    • Florida: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee
    • Georgia: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw
    • Iowa: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive
    • Idaho: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise
    • Illinois: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park
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    • Kansas: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita
    • Kentucky: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville
    • Louisiana: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose
    • Maryland: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover
    • Michigan: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy
    • Minnesota: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie
    • Missouri: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield
    • Mississippi: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison
    • North Carolina: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham
    • Nebraska: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha
    • Nevada: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas
    • Ohio: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown
    • Oklahoma: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City
    • Oregon: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem
    • Tennessee: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville
    • Texas: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster
    • Utah: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster, Murray
    • Virginia: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster, Murray, Chantilly, Norfolk, Richmond, Salem, Springfield
    • Washington: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster, Murray, Chantilly, Norfolk, Richmond, Salem, Springfield, Everett, Seattle, Spokane Valley
    • Wisconsin: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster, Murray, Chantilly, Norfolk, Richmond, Salem, Springfield, Everett, Seattle, Spokane Valley, Greenfield, Madison
    • West Virginia: Online Campus, Bessemer, Madison, Mobile, Little Rock, Phoenix, Tempe, Tucson, Clovis, Concord, Corona, Culver City, Lathrop, Oakland, Orange, Oxnard, Rancho Cordova, San Bernardino, San Diego, San Dimas, Sylmar, Torrance, Aurora, Miami, Tallahassee, Atlanta, Duluth, Kennesaw, Clive, Boise, Oak Brook, Orland Park, Fort Wayne, Indianapolis, Newburgh, South Bend, Wichita, Lexington, Louisville, Baton Rouge, Saint Rose, Hanover, Canton, Dearborn, Grand Rapids, Southfield, Swartz Creek, Troy, Brooklyn Center, Eden Prairie, Arnold, Earth City, Kansas City, Springfield, Madison, Charlotte, Durham, Omaha, Henderson, North Las Vegas, Akron, Columbus, Dayton, Hilliard, Maumee, Norwood, Strongsville, Warrensville Heights, Youngstown, Oklahoma City, Portland, Salem, Chattanooga, Cordova, Johnson City, Knoxville, Nashville, Arlington, Austin, Desoto, Houston, Richardson, San Antonio, Waco, Webster, Murray, Chantilly, Norfolk, Richmond, Salem, Springfield, Everett, Seattle, Spokane Valley, Greenfield, Madison, Huntington
  • Grand Canyon University

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    • Florida: Online Campus, Winter Park
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    • California: Online Campus, Culver City, Fairfield, Hanford, Irvine, Menifee, Monterey, Ontario, Palm Desert, Palmdale, Riverside, Roseville, Salida, San Diego, Santa Clarita, Santa Maria, Victorville, Visalia, Walnut Creek, Yuba City, Yucaipa
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