Find Out if a Career In Entrepreneurship is Your Career Calling:
Entrepreneurs take a business idea and work hard to get it off the ground. They do this by planning, organising and starting a business then by managing it through investing and labouring their time and money in the hopes of making a profit.
Half of the world's businesses would not be here today without our entrepreneurs, it is risky business but one that can pay off if it flourishes.
Is Entrepreneurship Right For You?
Are you a risk taker or someone that holds their cards close to their chest? It really matters in the business of entrepreneurship. A huge part of becoming successful in this industry is betting and gambling on something that might take off or flop. So, if the unknown is too unsettling and you need to feel safe and secure in your earnings and what lies ahead then a career as an entrepreneur probably isn’t how you should invest your time or money.
Outside of living life on the edge, entrepreneurs are innovators. They make stuff happen. The skills they require to achieve success in this game is having the ability to think critically and analytically, being able to spot and solve problems, social skills and have the patience and belief in themselves, their team and their product or services to prevail.
If you are considering a career as an entrepreneur here is some knowledge to further help your decision in taking charge of your future earnings:
- Australia is the top fifth country in the world for entrepreneurship
- A business manager with an MBA's current salary is AU$92,397
- At the end of 2016-17, there were 2,238,299 actively trading businesses in the market sector in Australia, an increase of 3.1% (66,755 units) from the end of 2015-16.
- With almost all industries open to foreign competition and a skilled workforce readily available, Australia continues to be an attractive and dynamic destination for investment.
Types of Courses
There are a staggering number of short courses that can be taken in the entrepreneurial industry. It will make your head spin. Defining what level, you are at in your career is a good place to start. If you are a beginner and want to know the basics, a short course in business or innovation is the way to go. If you've been in formal education and are an entrepreneur already, a graduate qualification could see you reach the next level you are striving for.
Here is a brief look at the variety of study options available to you with a short description for each.
Manage Innovation and Continuous Improvement
This short course is for people working in manager positions looking to gain insight into what innovation is, how the process happens, and how to apply it to build a better work environment in their current employment.
Graduate Certificate in Entrepreneurship and Innovation
This course is for professionals and business owners who hold a Bachelor's Degree and are looking to upscale their skills and knowledge in best practice methods of small business management and developing new products. You will learn how to manage innovation, deal with uncertainty and how to boost new and established businesses through an understanding of small business practices.
As well as teaching entrepreneurship and innovation, this course helps you to develop skills in marketing, accounting, intellectual property management, and the operations of small business and technology commercialisation are also covered.
Becoming an entrepreneur could see you working across the globe and living a glamorous life, one of your making. Here are a few job titles in the field to give you an idea of what's available in this dynamic industry:
- Managing Director
- Project Manager
- Chief Executive Officer (CEO)
- Executive Director
- Corporate General Manager