What is Entrepreneurship?
An entrepreneur is generally a business-savvy person who creates a new business. In doing so, they tend to take on the bulk of the risks. Should their business succeed, they may also enjoy the bulk of the rewards. If, for instance, a young business professional decides to open their own coffee shop based on their experience in the industry but with a twist that will help it to be successful with a different demographic or in a different location, then they may be able to sell it to another company for a profit or hire a manager to keep an eye on the store while they move on to their next project.
Entrepreneurs are often seen as innovators. They may or may not take dangerous risks, but they do need to study the businesses that are already succeeding and find unique ways to make inroads to a specific market.
If a business professional wants to become an entrepreneur in Florida, they should definitely consider earning an entrepreneurship degree in Florida as well. Degrees from local colleges or universities can help businesspeople start their careers out with an existing network in local businesses.
Entrepreneurs may also do themselves a favor by gaining an education from a program that offers a business incubator. This is a program offered by some schools which works to speed the success and growth of entrepreneurial companies by helping them out while the student is still in school. They offer support resources including capital, physical space, common services, coaching, and networking connections.