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What is the differences between Entrepreneurship and Business?

Honestly, I'm a bit confused about some majors that are almost same one another. I'm still searching for the major I wanna take in college, so I wanna make sure that the major I'll choose is the proper one for me. Please share some knowledge you all know to me. Thank you very much :) #business #education #entrepreneur

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Matthew’s Answer

Hi Jessica,


Great question. I would say that entrepreneurship falls under the umbrella of business. Firms experience many stages, starting-up, growth, long-term management, mergers, etc. Entrepreneurship would be a particular set of skills focused around starting a new business, by understanding market needs, developing a product or service, building a team, etc.


Both majors will probably cover similar skills, with a slightly different focus and case studies. Based on the above description does either sound more appealing to you? Would you prefer to start a new business, or manage at an existing one?

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Brittany’s Answer

Excellent query! Entrepreneurship is all about owning and managing your own venture. It involves initiating your own firm, nurturing its growth, and promoting it. While it's exhilarating to be in charge, it demands a significant amount of effort! Engaging in business equips you with the knowledge required to operate a company. This paves the way for you to potentially manage a company in the future, or explore a myriad of other opportunities.
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Jared’s Answer, CareerVillage.org Team

Business is a broad field with multiple sub-fields. Entrepreneurship is one of those sub-fields, which specifically relates to the skills needed to start new businesses from scratch. If you are sure that you want to start companies yourself, you might want to seek out entrepreneurship-specific college programs. If you're not sure about that, then you should just stick with business more broadly, and select a specialty in your sophomore or junior years of college.


Not every university has a business degree. Very few have specific programs just for entrepreneurship. But if you can find it, it's a good sign that the business program is relatively robust.


Business is awesome fun to study! Good luck!

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