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Deciding what you want to major in can be difficult, especially since there are so many fields of study out there to choose from. However, if you’re thinking about going into business or starting your own, entrepreneurship might be a good choice for you.
Many might look at entrepreneurship and decide that it’s not the ideal major, especially since you can just study business. After all, business programs often have entrepreneurship classes available for you to take — so it’s almost like you’re hitting two birds with one stone. However, as fields of study, entrepreneurship and business are different from one another in many ways.
Entrepreneurship focuses on developing your effectual reasoning. The focal point of effectual reasoning is that the future is unpredictable. And because it is unpredictable, it’s important to focus on the means available to you today rather than designing specific plans and goals for the future.
When you’re studying entrepreneurship, you learn concepts like bootstrapping, which is when a person starts a business with only a little capital, relying on personal cash or profits from another company rather than outside investors.
Rather than focusing on how many credits to graduate, you might want to think about what you can learn from an entrepreneurship degree instead — especially if you plan to go to graduate school.
Why Study Entrepreneurship?
If you’re still on the fence about studying entrepreneurship, there are many other reasons why it’s still a great degree to go for.
Studying entrepreneurship can help you hone your business-related skills. You can improve your financial literacy, networking skills, strategic thinking skills, marketing skills, confidence, and mindset through… Read More
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