Do you dream of starting your own business? The entrepreneurship concentration will prepare you for both phases of an entrepreneurial venture: the startup, where you search for a sustainable business model; and then the execution of that validated business model. You will learn the ins and outs of marketing, human resources, finance, and more through studies in small business management, business law, human resource management, and operations management.
Entrepreneurship is about creating and pursuing opportunities even when you have limited resources. It is a way of managing that seeks to solve problems and meet needs through a deep and rich understanding of others. A small business differs from a large organization in how it is organized and the way it addresses its resource constraints. Entrepreneurial ventures can be for-profits, not-for-profits, social enterprises, institutes, etc.
Entrepreneurship is an important part of both global and domestic economies. Studies indicate that more than 70% of new jobs in the U.S. market are created by small business. Through modern telecommunications, Internet, and a multitude of SBA programs, engaging in international trade has become commonplace.
If you are not afraid of hard work or taking calculated risks then a concentration in Entrepreneurship might be for you.
As an entrepreneur starting your own business or working for an existing small business, you will likely have a broad set of responsibilities. In other words, your education should prepare you to wear the various "hats" involved in running a successful organization.
Calvin's entrepreneurship courses will teach you to:
- Analyze and address management, marketing and financial issues facing new or existing small businesses
- Apply management principles to the unique challenges and opportunities of small business
- Search for sustainable and scalable business models
- Think and act from an entrepreneurial perspective
Are you an entrepreneur?
- Seeking variety
- Motivated by challenges
If so, consider the possibilities presented by entrepreneurship and small business.
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.
Recent internships in small businesses
Each year, more than 90% of business and accounting students complete internships. Entrepreneurship students find placements at businesses that include:
- Legal Copy Services, Inc.
- Women's Lifestyle, Inc.
- Grand Rapids Civic Theatre
- Farmers Co-Op
- East Hills Athletic Club
- Feyen Zylstra
- Christian Schools International
- West Michigan Sports Commission
- HR Collaborative
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