Entrepreneurship is all about creating the “Next Big Thing” to put you on the path towards success. Get ahead of the curve and start investing in your education to learn the skills necessary to run a company.
The Future Has Arrived
Welcome to 2016, the Modern Industrial Revolution. Step inside your local coffee shop and you may see a robot preparing your coffee or walk inside your Aunt’s house to find a wireless vacuum cleaning the floor. Our modern world is all about efficiency and this wouldn’t be possible without the booming startup industry making waves around the world.
Why Become an Entrepreneur?
You want to be your own boss. You would get to set your own hours and work wherever you want, which seems like a pretty good deal. But if that is the primary reason you want to be an entrepreneur then you’re about to have a harsh reality check. Being an entrepreneur is easy, however, being a SUCCESSFUL entrepreneur means working non-stop, nights, weekends, and holidays. Katie Fang is the Founder and CEO of SchooLinks, an EdTech startup that connects prospective college students with schools around the world, and she believes that, “A great idea is just merely the beginning of a long journey. It takes courage to pursue that path, to say no to millions of other opportunities, and have the passion to not be defeated by failures encountered.” If you want to be successful, be prepared for personal sacrifices to take you to the top.
Analytics Are Fun!
In 2014, Babson College conducted an Entrepreneurship Assessment across America. Their findings included: 24% of startups were expected to hire 20+ people in the next five years, 37% of entrepreneurs offer a product/service that is offered by little or no competitors, and 25% report to have customers outside of the US. Startups are offering unique, incredibly accessible jobs to users around the world- just think about Uber. This is an optimal time to dive into the startup scene, however this doesn’t mean you should skip out on a college education. Hundreds of colleges in the U.S. offer Entrepreneurship Programs to give students the tools necessary for success.
Check out top-ranked undergraduate entrepreneurship programs* that teach how to grow a business.
*The selected schools are listed in no specific order.
1) Babson College
a) If you’re solely looking at numbers, Babson consistently ranks at the top of multiple lists. Not only have 100% of the graduates, from its Entrepreneurship Program, gone on to run their own business, but they have 62 entrepreneurship courses to choose from, while receiving consistent guidance from 46 mentors.
2) Massachusetts Institute of Technology
a) MIT has The Martin Trust Center specifically dedicated to training future entrepreneurs. Their alumni have founded over 30,000 successful companies with an estimated 70% lasting for over 10 years.
3) University of California, Los Angeles
a) Attending an entrepreneurship program in California has countless benefits. The startup scene in the LA area is huge and investors are constantly searching for projects that are going to make it big. The program at UCLA has an emphasis on the analytical side of entrepreneurship and sets students up with the skills necessary to learn how to grow a company properly.