Succeeding in today’s economy means creating and pursuing opportunities even with limited resources. At Calvin, you’ll develop multiple startups and foster a collaborative mindset that will prepare you for both commercial and non-profit ventures of any size.
Entrepreneurship is a way of approaching problems and needs in innovative ways based on a deep and rich understanding of others. In an economy increasingly built on small business and freelance work, you’ll cultivate the wisdom, skills, and confidence to succeed in organizations of any scale, whether you work as an owner, employee, or independent contractor.
Entrepreneurship is an important part of both global and domestic economies. More than 70 percent of new jobs in the U.S. are created by small businesses. 95 percent of U.S. businesses employ fewer than 50 people. 40 percent of the U.S. workforce is expected to do at least some freelance work by 2020. More than 25 million people are starting or running a new venture in the U.S. In those countries globally that participate in the Global Entrepreneurship Monitor (and which represent around 69 percent of the world’s population), 582 million people are early stage entrepreneurs.
The minor in entrepreneurship pairs well with every major because it equips you to expand your passion into an opportunity. You want to run a family business? You want to help a community address illiteracy? You want to create a medical advocacy franchise business? You want to be part of an innovation team? You want to be a freelance graphic artist? A minor in entrepreneurship will help with all of these and more.
Why be an entrepreneur?
- Explore talents, discover what you love, diversify your skill set — Not sure what you want to do with your life? New or small organizations allow you to try your hand at a variety of tasks and to discover what you really love to do.
- Learn to create new opportunities — Regardless of whether you are working out of a dorm room, in the corner office of a multinational corporation, or for a non-profit NGO in a village across the globe, organizations need people who can see things differently and challenge the status quo in order to serve others better.
- Build relationships — There's less hierarchy in small organizations, which means you will benefit from working with (and not just for) individuals who are more experienced.
- Make an impact — When you're responsible for seeing a project through from start to finish, you have the opportunity to make a real difference in the success of an organization.
- Be independent — Working for a small organization allows you to take more ownership over your projects and your career.
Each year, many opportunities are open to students looking for internships and experience, including:
- Calvin startups
- MWest Challenge
- MWest JumpStart Weekend
- ACU Startup Madness
- Accelerate Michigan Innovation Competition
- Startup/Small business internships
The career paths open to entrepreneurs are incredibly diverse, and include:
- Social entrepreneurship
- Commercial entrepreneurship
- Corporate entrepreneurship
- Digital entrepreneurship
- Small business
- Corporate innovation and strategy
- Course code: