Understanding Entrepreneurship

(updated 16 March 2023)

Entrepreneurship is the process of starting a new business venture. It requires a great idea of a product or service that will be in demand by a specific market, a solid plan of action, and initial funding to start the business.

An entrepreneur is the person who starts up this business venture. Besides having innovative ideas, the entrepreneur needs leadership skills, sales ability, and personal character traits of being courageous and determined to succeed.

If you want to start your own business, these online lessons will help you achieve your goal. Follow the principles to design your business into a champion in its field.

Entrepreneurship Contents

Basics

Levels of Starting a Business

Starting an Occasional Business

Basic Steps in Going in Business for Yourself

Types of Entrepreneurial Enterprises

Getting started

Getting the Idea of a Business to Start

Factors in Deciding to Start Your Own Business

Be First or Be Better When Starting Your Business

How Start the Right Kind of Small Business

Case studies

Starting Dell Computers

Starting FedEx

Starting Mary Kay

Resources

Entrepreneurship Resources

Succeed in Business

Succeed in e-Commerce

Survey results

See results of survey questions