Hi,

I have 2 years left in high school before i go to university and i was wondering what is the correct path to take ? I was thinking of going and getting my (BBA) Bachelor of Business Administration Then after 4 or 5 years of work experience going back for my (MBA) Master of Business Administration and after that maybe another 5 years or so going back for my (DBA) Or Ph.D in business administration ? do you think this is a good career path ? and also will it pay off ? eg: ( good salary and ease of getting a job in a high position such as CEO or President ? if not what is a good path for me to take ?

1 last thing will this make me an entrepreneur ?

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There has always been a question in the minds of budding entrepreneurship as to what the role of education is, especially if everything they do is something which they learn on the job. There have always been numerous fables where the budding entrepreneur has been a high school or a college dropout, and has then gone on to make an empire of the very nerds, geeks and other learned mortals that he left behind.

So the question is why does an entrepreneur need any education? The answer though highly debatable still lies largely in the fact that there is always a gray area that any flag bearer goes through. The techniques to surmount the insurmountable may be many, but it is always good to have some well-honed skills that are taught by the leading management course. After all, aren’t the entrepreneurs a jack of all trades and a master of 1?

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As the economy continues to stall and corporations, companies and businesses continue to tighten their belt to control revenue losses and diminishing profits, many people are still trying to determine their next move, financially as we move into the coming months. Legislation continues to be passed extending unemployment benefits to millions of Americans still out of work here in the US to the middle of June 2010. What do you do if you are still out of work, or are facing pay cuts, salary freezes, the cutting of hours, or simply the uncertainty of your future in today’s work environment.

Some people are considering a complete change in the perspective of how to make a living. The traditional ideology of making a living by getting a good education, getting a good job, staying with a company for an extended period of time to retain benefits and build a retirement portfolio seems to be under attack. More and more people, both blue and white collar professionals are re-thinking this strategy to financial security. What is the alternative? Becoming an Internet entrepreneur.

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Any suggestions of the best online schools to go for that offer “a la carte” business classes? I am an entrepreneur with a business already running, so I have no interest in a degree, I just want to give myself a leg up with a little education.

Its kinda like a entrepreneur…..like when you buy a troubling business of some sort and take control of it and make it sucessfull and sell it perhaps? and how do you get what education do you need?

More specifically, is somebody with an MBA more likely to be successful, as an entrepreneur, in any given field than somebody with a degree geared for that same industry. For instance (and this is a hypothetical situation) if somebody graduated with an MBA, and wanted to create a company that dealt with renewable energy, would the knowledge obtained in business school give this person a “leg up” on somebody who has a degree in environmental science, but little formal education on business?

The word Entrepreneur comes from the French meaning ‘to undertake’. An entrepreneur is someone who owns an enterprise, company or business venture and assumes significant responsibility for the risks and the outcome of it with the intention of making profitable returns.

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What causes an individual to take all the social, psychological, and financial risks involved in starting a new venture? at first there was limited research on this aspect of entrepreneurship, but since 1995 there has been an increased interest in entrepreneurial careers and education. This increased interest has been fostered by such factors as the recognition that small forms play a major role in job creation and innovation; an increase in media coverage of entrepreneurs; the awareness that there are more entrepreneurs than those heralded in the media, as thousands upon thousands of small cottage companies are formed; the view that most large organizational structures do not provide an environment for self-actualization; the shift in employment, as women become increasingly more active in the workforce and the number of families earning two incomes growls and the formation of new ventures by female entrepreneurs at three times the rate of their male counterparts.

In spite of this increase, many people, still, do not consider entrepreneurship as a career. A conceptual model for understanding entrepreneurial careers, views the career stages as dynamic ones, with each stage reflecting and interacting with other stages and events in the individual’s life – past, present, and future. This life cycle approach conceptualizes entrepreneurial careers in nine major categories; educational environment, the individual’s personality, childhood family environment, employment history, adult development history, adult non work history, current work situation, the individual’s current perspective, and the current family situation. Although there exists a common perception that entrepreneurs are less educated than the general population, this opinion has proved to be more myth than reality. Studies have found entrepreneurs overall, and female entrepreneurs in particular, to be far more educated than the general populace. However, the types and quality of the education received sometimes do not develop the specific skills needed in the venture creation and management process. For example, some female entrepreneurs are at more of a disadvantage than their male counterparts in this respect, as they frequently do not take significant business or engineering courses. Childhood influences have also been explored, particularly in terms of values and the individual’s personality.

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Is Education needed to be an Entrepreneur?

Is there really an education needed to be an entrepreneur? This is a question often asked by aspiring entrepreneurs.

Well, it all depends on the individual. There are times even when those that have no educational business background are still able to make it big in the business world. Some say that they owe it all to patience, hard work, and dedication. Most of the successful entrepreneurs on the other hand claim that it would take good education to become an entrepreneur.

So what will it be? Well, if you can afford to study a business degree, then don’t let that chance pass you by. You’re quite lucky if you can attend college especially for a business degree. You have to dedicate your time studying all your lessons because in due time, you will be able to use such information to the advantage of your business.

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I am 16 and enrolled in running start and will have my AA degree when I graduate from high school. The problem is, I will need scholarships to further my education so I can become an (engineer, lawyer, entrepreneur; I am not sure yet).

Whats the best way to apply for scholarships, how do you do it, and how can I apply for government grants if needed?

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