Why Enroll at an Entrepreneur UniversityBecause in today's business landscape, running abusiness requires well-honed knowledge andskills more than just capital, ideas and staminathat's why.While arguments could be that many of the world'smost successful entrepreneurs have no businessdiploma, some of them are even school dropouts,the statistics stacked for not succeeding isstill staggering. Even the best of ideas in thebest people will from time to time need somesanity check. You will find this out to be truein the future whether you have already succeeded
or like the majority have failed. Why takechances then.True, there are the so-called intangibles in aperson that makes him succeed at business asthough possessing a touch that one can not easilydip a finger into. This is of course a veryimportant component to anyone conducting abusiness. But then entrepreneurship could betaught and learned, and just like creativity, itcould be developed and honed to higher levels.The entrepreneurial landscape is not easy. It ispock marked and dotted with failures and thatincludes those who are passionate about what theyare doing. It is a highly competitive and dynamicforce out there made more complicated by fastchanging technology that could revise processesovernight. One of the strongest arguments aboutnot succeeding in entrepreneurship points out tothe amount or the lack of investment in oneselfat self-discovery. The question is then whether
to enroll at an Entrepreneur University or not,rather what field of endeavor what one wants toget into.You may or may not need an MBA but you could seldomget away without training on managerialaccounting and finance, strategic positioning,technological trends, business law, businessplanning, negotiation, business statistics andeconomics, marketing, product development and toa degree, global trends to name some.Some may require so much attention that couldrequire an experienced eye to check out. Take forexample a simple business plan.A business plan as we already know is the blueprint at which a business is to be conducted.Whether the intention is to present the plan toa banker or not, the principle is the same. Itneeds special attention to details. So many times,someone doing a business plan will have his focus
on achieving the bigger picture, which is by theway correct, except that details towards itsachievement is incomplete (if not too ideal). Theinformation too are sometimes superficial thatcould only often be detected and remedied by atrained and an experienced professional betteryet, most plans could be improved by a morecomprehensive training.Creativity too is very essential in running asuccessful venture. Now what is that? Creativityis the bulb that lights up a path. It is fun andit is what makes your approach and solutionsunique. We all have it in varying degrees but itis an accepted fact that for most of us who wantsmore of it, creativity could be developed fasterin an atmosphere where there is an exchange ofideas and interaction.These are two of the different aspects that iscritical in running a business. Other thingscould include setting up processes, legal
structures, finance and cash flows, recording andrecords keeping, controls, monitors etc.The sweet part is that there are EntrepreneurUniversities that allows you to taper the courseto your immediate and practical requirement andis specific to your needs.No matter what, those that are critical to runninga business and should be offered by goodentrepreneur universities may include:?Advertising,?Basic Bookkeeping,?Basic Business Management,?Basic Financing,?Business Financial Management,?Business Planning,?Choosing a name,?Choosing people,?Equipment and supplies,?Financial resources,
?Insurance,?Legal structure,?Marketing,?Operations and Production Management,?Public Relations,?Record keeping,?Sales and?Startup ProcessesIt should also offer and provide training onAccounting/Taxation, Building a Culture/TeamBuilding Your Company's Vision, Coaching,Conflict Resolution, Crisis Management, InitialPublic Offerings, Growth management, Negotiation,Networking, Personnel and Compensation, ProductDevelopment, Strategy, Technology andapplications and Venture Capital.This may sound like a long list, but as mentionedpreviously, needs could be tapered to individualrequirements. One thing for sure though is onedoes not have to take up a course in an
entrepreneur university that may not really berequired for an entrepreneurs actual businessapplications.
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