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Entrepreneurship and Business Development

What is Entrepreneurship Related Career Titles
Related Major Skills Job & Internship Search Links
Career Planning Links Professional Association Links
Miscellaneous Resources Links Cameron School of Business

What is Entrepreneurship and Business Development?

An entrepreneur is a person who creates small businesses. Entrepreneurs are calculated risk-takers---they strive to maximize potential of their venture while simultaneously minimizing risk. They are able to recognize opportunities as they arise and create goods or services in order to take advantage of the opportunity before competitors catch on to it. Entrepreneurs may create new products or services, improve on current products or services, or simply find a new way to market existing products or services (Michael Paul, University of Wisconsin)

Entrepreneurship is the process of creating or seizing an opportunity, and pursuing it regardless of the resources currently controlled. The American Heritage Dictionary defines an entrepreneur to be "a person who organizes, operates, and assumes the risk for business ventures." (, 9/07)

Related Career Titles

Chief Executive Officer

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Related Major Skills

Because they often run new ventures themselves, entrepreneurs must know how to operate every aspect of their business. Typically, this includes the areas of:

  • Managing the business on a day-to-day basis
  • Advertising, selling, and distributing the product or service (marketing)
  • Accounting or keeping financial records for the business
  • Hiring personnel to assist with the business
  • Production of finished goods or services
  • Be non-conformist
  • Motivated by achievement
  • Have a preference for innovation
  • Possess high uncertainty tolerance

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Job & Internship Search Links

SeaWork (be sure to check out these links also in SeaWork: CareerShift,,, and GoinGlobal)

Job Search Resources

Global Student Entrepreneur

The Ewing Marion Kaufman Foundation of Entrepreneurship

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Career Planning Links

Candid Career Videos

Occupational Outlook Handbook

O*NET OnLine

NC Tower

Entrepreneurship and Business Development program at UNCW's Cameron School of Business

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Professional Association Links


American Franchisee Association

International Franchise Association

National Association of Home Based Business

Students in Free Enterprise

US Small Business Administration

American Small Businesses Association

Michigan Business & Professional Association

National Federation of Independent Business-Hawaii

National Small Business Association

Small Business Council of America

Small Business Legislative Council

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Miscellaneous Resources Links

Wilmington Chamber of Commerce

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