What Business Field Should I Study For To Become An Entrepreneur?
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Written by admin on January 29, 2010 – 5:52 am
i start college in the fall and im pretty sure i wanna study business.
i want to open businesses, buy apartment buildings, etc. But the term business is too vague. What is the subfield that teaches you how to open/maintain your businesses?
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Most schools aren’t set up to teach people to be entrepreneurs. The skill sets you should study are:
Basic accounting. You want this because if you have to rely on someone else to crunch the numbers, you open yourself up to being cheated. If you don’t know the numbers, you can’t make good financial decisions.
Basic economics. You want this so you can understand production, distribution, and consumption of goods and services on a larger scale. Your business will fit into the local economy and the better you understand how that works, the better business decisions you will make.
Basic marketing and sales. You want this so you know how to communicate your offerings to potential customers and sell to them. One thing most schools fail to tell you is that you are in sales, whether you think you are or not. You sell yourself to a potential employer, potential mate or a potential customer.
People skills. Understanding human behavior and how to work with people is a key skill that nearly every business course ignores.
Choose what you like to do.
Entrepenuers are successful in what they like to do.
What is your favorite hobbie? What would you do for free, just to do it.
I have started many businesses and taught many people how to make money and be successful.
However, the common denominator for all the success stories is Do What You Like To Do, and find ways of doing it better.
Your success will depend on 17 steps:
1. positive mental attitude
2.define in writing your purpose
3. always do more than what your clients expect
4.accurate thinking about what you want and are doing now
5.self discipline
6.look for master minds(those people who have solved similar problems or ideas you have.
7.applie your faith in yourself-know in your heart that you will get it done
8.develop a pleasing personality
9.take the initiative, never wait on something or someone else-you are responsible for you!@
10. have enthusiasm-after all you are doing what you want to do
l11. learn from your mistakes and just do not repeat the same mistakes
12, be creative-THINK outside the box.
13 create a team and work together
14.focus and control your attention to what you want to get done.
15 manage your time and money.
16. keep good physical and mental health
17. practice the universal goldeld rule Treat others as you want to be treated
18.be persistent.
19.Never give up
20 Make this world a better place because you are here.
21 Good Luck-share your vision and successes with others.
business school is the right field to study, if you choose your college carefully, some have an entrepreneurship track/program
You should study Internet Marketing, SEO optimization, and public speaking.
If you are proficient in all these, you will go far.
Of course, an MBA in Business would do you good too. But most of the Millionaires have little or no college… something to think about.
Make it a great day, and God bless.
Rod
Steer clear of entrepreneurship unless you’re loaded and need to learn how to best unload your cash. For 99% of the population, this isn’t going to describe them. In this case, you’re better off just majoring in a professional field such as engineering or the sciences so you can gain real skills.