What is an Entrepreneur

An entrepreneur is an enterprise owner who constantly builds new ventures and merchandises them with the end objective of converting them into gains. To build a new enterprise as an entrepreneur, you must develop a business strategy, procure assets and funding, and employ creative persons.

You will also act as an important part of the commercial sector because you are the brain behind commercial improvement and creativity. You must utilize your business to generate a reasonable living, which enhances the standard of life. Furthermore, you are to assist and sustain methodological merchandising and interaction actions of the entrepreneurship. You will also be required to work with every technological, managerial, and procedural aspect of the business.

As an entrepreneur, you must display excellent interaction, leadership, and management skills. In addition, you need a bachelor's degree or an associate degree to get a job as an entrepreneur. It is possible to be an entrepreneur with just a high school degree or GED. You will earn a yearly salary ranging from $41,000 to $134,000, which is an average of $74,224 or $35.68 per hour.

There is more than meets the eye when it comes to being an Entrepreneur. For example, did you know that they make an average of $35.68 an hour? That's $74,224 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does an Entrepreneur Do

There are certain skills that many Entrepreneurs have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Communication skills, Leadership skills and Management skills.

Learn more about what an Entrepreneur does

How To Become an Entrepreneur

If you're interested in becoming an Entrepreneur, one of the first things to consider is how much education you need. We've determined that 61.7% of Entrepreneurs have a bachelor's degree. In terms of higher education levels, we found that 11.2% of Entrepreneurs have master's degrees. Even though most Entrepreneurs have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an Entrepreneur. When we researched the most common majors for an Entrepreneur, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Entrepreneur resumes include Master's Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become an Entrepreneur. In fact, many Entrepreneur jobs require experience in a role such as Internship. Meanwhile, many Entrepreneurs also have previous career experience in roles such as Sales Associate or Customer Service Representative.

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Average Salary
$74,224
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
9,916
Job Openings
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Entrepreneur Career Paths

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Average Salary for an Entrepreneur

Entrepreneurs in America make an average salary of $74,224 per year or $36 per hour. The top 10 percent makes over $134,000 per year, while the bottom 10 percent under $41,000 per year.
Average Salary
$74,224
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Entrepreneur Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Entrepreneur. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Entrepreneur Resume

At Zippia, we went through countless Entrepreneur resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Entrepreneur Resume Examples And Templates

Entrepreneur Demographics

Entrepreneur Gender Statistics

male

54.1 %

female

40.4 %

unknown

5.5 %

Entrepreneur Ethnicity Statistics

White

70.9 %

Hispanic or Latino

14.3 %

Asian

6.2 %

Entrepreneur Foreign Languages Spoken Statistics

Spanish

45.2 %

French

9.4 %

Chinese

7.3 %
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Entrepreneur Education

Entrepreneur Majors

31.6 %

Entrepreneur Degrees

Bachelors

61.7 %

Associate

14.3 %

Masters

11.2 %

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Associate
Bachelor's
Master's
Doctorate

Top Colleges for Entrepreneurs

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
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Online Courses For Entrepreneur That You May Like

Customer Service, Customer Support, And Customer Experience
udemy
4.4
(282)

Customer service, customer support, and customer experience training. Loyal clients through world-class customer service...

Entrepreneurship and Business Life Coach Certification
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4.7
(1,636)

Entrepreneurship Coach Certification: Coach Entrepreneurs to Quantum Leap Their Business with Real-World MBA Training...

Customer Service
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4.6
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How to Approach New Customers and Maintain Existing Ones...

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Top Skills For an Entrepreneur

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.6% of Entrepreneurs listed Web Content on their resume, but soft skills such as Communication skills and Leadership skills are important as well.

  • Web Content, 11.6%
  • Business Development, 10.7%
  • Product Development, 6.9%
  • Financial Statements, 6.3%
  • Online, 5.8%
  • Other Skills, 58.7%
  • See All Entrepreneur Skills

12 Entrepreneur RESUME EXAMPLES

Best States For an Entrepreneur

Some places are better than others when it comes to starting a career as an Entrepreneur. The best states for people in this position are Washington, Oregon, California, and New York. Entrepreneurs make the most in Washington with an average salary of $113,544. Whereas in Oregon and California, they would average $107,246 and $102,961, respectively. While Entrepreneurs would only make an average of $100,510 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Oklahoma

Total Entrepreneur Jobs:
3,466
Highest 10% Earn:
$172,000
Location Quotient:
3.26
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Oregon

Total Entrepreneur Jobs:
1,663
Highest 10% Earn:
$200,000
Location Quotient:
1.16
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Louisiana

Total Entrepreneur Jobs:
2,733
Highest 10% Earn:
$174,000
Location Quotient:
2.48
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Entrepreneurs

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