According to an article by Diana Albertyn on ExpertHub, the definition of entrepreneurship is different for various entrepreneurs, based on their individual experiences. As quoted by experts, it is the creation, building, and scaling of one or more businesses to generate a profit. And, as viewed by some of the most successful entrepreneurs globally, it involves changing the world through solving problems. Significantly, it involves building a life and a stable business with the aim of making the world a better place both for the entrepreneur and people in general. Its prime quality is that entrepreneurs have dissimilar views of the world and take the limits off whatever they believe they can achieve.
Entrepreneurship is an important undertaking as entrepreneurs and small business owners globally are being required to stimulate economic activity and grow the job market. A developed entrepreneurial ecosystem produces a favorable environment for the expansion and sustainment of businesses. It goes beyond job creation to foster and maintain innovation, which makes the proliferation of new industries, products, and technologies possible, resulting in increased GDP and a better standard of living for a country.
As a career path, entrepreneurship can be a viable option as it has been for over 600 million people across the globe. It has several major appeals. For some people, it’s to make the world a better place through their products and services. For others, it’s a means of fulfilling their need for independence and progress. Others feel the need to free themselves from a structured 9-5 job, and yet for others, they feel out of place in the corporate world. Some are even curious about what will happen if they start a business, and some are pulled by their ambition to increase their earning potential.
Entrepreneurship is vital to all the economies of the world, and eCornell offers a program that will teach all the business acumen of entrepreneurship to existing and aspiring entrepreneurs through the Startup Funding & Finance program.
eCornell courses are approved by SkillsFuture Singapore for SkillsFuture Credit as well as by HRDF Malaysia under its SBL Scheme.