The VentureForth Quarterly @ UCSD

Sunday, April 15, 2007

YoungMoney: College Major- Entrepreneur

Newest College Major: Entrepreneur

Here are some interesting thoughts from a recent study about young entrepreneurs.

Once taught only in the school of hard knocks, entrepreneurship is becoming a mainstream college subject, and even a major in its own right, as fundamental to business education as accounting. That’s one of the conclusions of the first phase of the Intuit Future of Small Business Report, which looks at American Entrepreneurship over the next 10 years.

· More than 1,600 colleges and universities now offer programs in entrepreneurship, with demand outstripping the supply of qualified instructors.

· At the college level, the emphasis will widen, focusing not just on high-growth businesses backed by venture capital, but on small business ownership of all kinds.

· Employers are viewing entrepreneurship as a fundamental skill, as key to business success as an understanding of accounting and marketing. *

Researchers are discovering what colleges have known for years. Interest in student entrepreneurship has grown tremendously and that’s going to radically change how the next generation views their career goals.

*Entrepreneurship involves multiple facets of business and can be applied in a company setting as an intrapreneur. Defined by Wikipedia, Intrapreneurship is the practice of entrepreneurial skills and approaches by or within a company or at home.

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Thursday, April 05, 2007

List of company name etymologies

Starting a company requires a lot of things whether it be having the great idea, sound management, and great workforce, but one thing thing that represents all of this is the name of the company. I found this on Wikipedia List of company name etymologies. As an entrepreneur, deciding on the name of your startup does make a difference.

From Technology Ventures:From Idea to Enterprise (book for ENG 203 Applied Innovation), it states in it's Twenty Principles for Creating Successful Technology Ventures: Principle 10 "The name, logo, and intellectual property of a new venture can provide a proprietary advantage leading to a temporary monopoly in the marketplace."

I hope you can read about the history behind the name of successful companies and be able to create a name that will give you that edge to be successful.

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