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Become an entrepreneur: a how-to guide

An successful entrepreneur can effectively lead small and large groups of people, multitask effortlessly, focus on the customer, has a good reputation and is hands-on.

An entrepreneur is someone who runs and manages a business. When you become an entrepreneur, you might focus on building new businesses from the ground up, or you might prefer buying existing businesses and making changes to increase the profits of that company. Before you become the next Donald Trump, you need to focus on your education.

While there are always a few people who become successful without any formal education, the business world depends on the education system. Even Trump's own children attended business schools before working for his company. Whether you attend business school or take business classes at the undergraduate or graduate level, you learn techniques that you need in the business world. Don't make the mistake of thinking that all business degrees are the same because you can major in different concentrations. Marketing, international business, economics, accounting and finance are just a few of your possible options. You also have the chance to minor in a specific business subject, and some schools offer majors and minors in entrepreneurship. 

One of the skills that you need to become an entrepreneur is the ability to create a business plan. A business plan is more than just a list of things you plan to do with a specific company. It also details your financing for your concept, your goals, your strategies to meet those goals and who your customers will be. You will learn how to formulate these documents at business management school, but you will also get the chance to make contacts and network with those in the field. Some business degrees require that students complete internships, and these internships can help you make a name for yourself. You may meet people who to help you finance your ideas once you become a small business entrepreneur. 

A major in business management might help you become an entrepreneur, but you also need to make sure that you have the necessary traits. An successful entrepreneur can effectively lead small and large groups of people, multitask effortlessly, focus on the customer, has a good reputation and is hands-on. You need to get your hands dirty, provide customers with what they want and be organized, and you'll learn some of those skills when you work toward a business degree. Business major careers range from entry-level positions within a major corporation to entrepreneurs who work on their own with little help from others. 

No matter what type of entrepreneur you want to be, you need a solid foundation, and you can get that in business school. Compare some of the top schools in the country and find online programs that let you work when you want at Reply! When you become an entrepreneur, you get to do what you love and work with small groups of people on your own to launch new businesses and improve existing ones.

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