1. University of Pennsylvania
Philadelphia, PA • Private
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 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.
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.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of vice president you might progress to a role such as executive vice president eventually. Later on in your career, you could end up with the title executive vice president.
What Am I Worth?
The role of an entrepreneur includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general entrepreneur responsibilities:
There are several types of entrepreneur, including:
Mouse over a state to see the number of active entrepreneur jobs in each state. The darker areas on the map show where entrepreneurs earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
New York, NY • Private
University Park, PA • Private
Austin, TX • Private
Vestal, NY • Private
Boston, MA • Private
Waltham, MA • Private
Bethlehem, PA • Private
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, 51.1% of entrepreneurs listed kids on their resume, but soft skills such as communication skills and leadership skills are important as well.
Zippia allows you to choose from different easy-to-use Entrepreneur templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Entrepreneur resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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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 New York, Connecticut, New Jersey, and Massachusetts. Entrepreneurs make the most in New York with an average salary of $107,291. Whereas in Connecticut and New Jersey, they would average $103,815 and $87,436, respectively. While entrepreneurs would only make an average of $82,278 in Massachusetts, 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.
2. New York
3. South Dakota
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ entrepreneurs and discovered their number of entrepreneur opportunities and average salary. Through our research, we concluded that University of Massachusetts Boston was the best, especially with an average salary of $66,033. EBay follows up with an average salary of $114,104, and then comes Year Up with an average of $35,611. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as an entrepreneur. The employers include Mechanism, Project-A, and Wilbur Labs
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|2||Online Business Systems||$96,554||$46.42||5|
|10||University of Massachusetts Boston||$66,033||$31.75||82|
Yes, being an entrepreneur is a career. There are many different career paths that an entrepreneur can pursue. Many people who hold degrees in entrepreneurship go on to work in finance, business, marketing, sales, and human resources. There are often many businesses that have an entrepreneur track.
Software engineers, machine learning engineers, and systems engineers are careers in innovation. Here are some details on these careers and others that involve innovation:
The pros and cons of being an entrepreneur relate to freedom, control, and financial risk. Here are the top pros and cons of being an entrepreneur:
Entrepreneurs have a lot of freedom and flexibility. Being an entrepreneur grants you a high level of freedom and flexibility. Most get to determine their working hours and where they want to work, whether in an office setting or remotely from home.
You also don't have a boss to report to every day, making this profession one that has more autonomy than most.
Control over your business. When you are an entrepreneur, it is up to you how you want to run your business. Your strategies for selling products or services reside in your own authority.
You can also de to hire and how much to pay them. You get to be the guiding force in your company's culture, initially in its early stages.
Potential high reward. All the profits you generate from your business are yours. Aside from business expenses, like operational costs and salaried employees, you get to reap the reward in terms of money for your efforts.
Entrepreneurs have the potential to earn extremely impressive amounts of money, depending on how original their business idea is and if it takes off.
You get to focus on your passion. One of the best aspects of being an entrepreneur is you have the chance to let your passions guide you. You get to form a business around something you are interested in rather than being employed at a place where your interest could be minimal.
There are also no strict requirements to becoming an entrepreneur, as long as you have a good idea and funding.