Jobs That Can Help You Start A Career In Entrepreneurship
Updated 21 July 2022
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Successful entrepreneurs often work in several job roles to gain varied skills before starting their own ventures. Typical jobs for entrepreneurs include business development, technology, marketing, and management roles. Most entrepreneurs pursue careers in industries where they want to start a company. In this article, we define entrepreneurship, share the skills entrepreneurs require to be successful and discuss a few jobs that can help you start a career in entrepreneurship.
Jobs to help build a career in entrepreneurship
Someone who pursues a career in entrepreneurship is someone who starts their own business. The business may be a part of a franchise, or they may create an entirely new company. Entrepreneurs may work as part of a team or operate independently. Many people want to become an entrepreneur because the career comes with respect and flexibility, and if you achieve success, the rewards can be very lucrative. Experts also believe that entrepreneurship is an essential part of the economy because of its ability to introduce new ideas and goods to the market.
Here are a few jobs that can provide valuable experience and skills for aspiring entrepreneurs:
1. Social media manager
National average salary: ₹21,390 per month
Primary duties: Social media managers oversee a company or brand's social media activities and engagement. They may create and implement campaigns to increase the brand's exposure and interact with customers through social media platforms. This is an excellent job for entrepreneurs as it provides valuable social media skills and general marketing experience.
Read more: Types Of Online Marketing Jobs (With Salaries And Duties)
2. Public relations manager
National average salary: ₹26,887 per month
Primary duties: Public relations, or PR, managers oversee a company's public image. They may do this by managing the public perception of a company, communicating with media and completing other tasks that involve promoting a positive image of the business. Experience in a PR position can provide entrepreneurs with insights into how to manage the public image of their own company in the future.
National average salary: ₹16,372 per month
Primary duties: Real estate appraisers determine and report on a property's value. They prepare reports, fill out legal paperwork and collect and analyse various data related to real estate. This position offers excellent networking opportunities for entrepreneurs among investors and provides experience in the valuation of property and assets.
4. Financial advisor
National average salary: ₹21,666 per month
Primary duties: Financial advisors provide guidance to people who want to invest and grow their finances. They assess their clients' financial goals and advise how to achieve them. A job as a financial advisor can equip aspiring entrepreneurs with communication, problem-solving and financial management skills.
5. Marketing manager
National average salary: ₹24,778 per month
Primary duties: Marketing managers develop and oversee the execution of marketing strategies for brands and businesses. These professionals primarily implement marketing tactics to attract new clients and retain current customers. Entrepreneurs often require unique and powerful marketing strategies to advertise their businesses, so a job as a marketing manager can be an excellent way to gain experience in professional marketing.
6. Web developer
National average salary: ₹16,622 per month
Primary duties: Web developers create the design, layout and functionality of websites and web applications. They use programming languages like HTML and CSS to develop user-friendly web pages based on the client's requirements. Nearly every company relies on technology to run and manage its business operations. Working as a web developer can offer a chance to get valuable technology skills that can help your career as an entrepreneur.
7. Sales manager
National average salary: ₹26,377 per month
Primary duties: Sales managers oversee sales teams and provide guidance to ensure that the team meets their sales goals. A sales manager may also help set sales goals, analyse sales data and trends and delegate various sales tasks, such as assigning certain sales territories to team members. A position as a sales manager provides experience in generating sales, setting and achieving goals and managing a team.
8. Systems analyst
National average salary: ₹6,08,095 per year
Primary duties: A systems analyst assesses a company's software and other IT requirements. They may introduce new software or hardware systems to improve a company's current systems. This job provides extensive IT experience and can help entrepreneurs who plan to start digital or IT-based service companies in the future.
9. Construction manager
National average salary: ₹62,742 per month
Primary duties: Construction managers oversee construction projects from conceptualisation to allotment. They manage construction teams, develop schedules and supervise the budget. They also ensure that construction teams meet all the regulations and that the project completion happens according to the designated timeline. This position can provide valuable insight into management and social skills for entrepreneurs.
10. Management analyst
National average salary: ₹4,29,883 per year
Primary duties: Management analysts develop and implement various procedures and systems to improve a company's management and operations. They may develop manuals, perform studies, collect data and introduce new ways of performing tasks to increase productivity within a workplace. This job provides ample experience in management, which is crucial for most entrepreneurs.
Skills of a successful entrepreneur
Entrepreneurs require a unique set of skills to be successful, which may include:
Time management skills
Entrepreneurs oversee multiple aspects and processes of their business. From project management to design to development, entrepreneurs often handle several tasks simultaneously and require strong time management skills to finish on time. Prioritising different tasks and managing them in the most efficient manner is vital for an entrepreneur.
Networking helps you grow your business opportunities, find high-quality employees and even secure partnerships. Plus, networking may help advertise your business, which is key to increasing awareness and ultimately revenue. Networking can also help in securing funding opportunities for your business.
Read more: What Is Business Networking? (With Benefits And Types)
All business performance depends on the performance of the sales team and professionals. Knowing how to promote and secure deals effectively is an integral part of being an entrepreneur. From knowing which sales channels to utilise to implementing sales funnels, sales skills help entrepreneurs become more profitable. Thus, sales skills can be critical for aspiring entrepreneurs.
Entrepreneurs communicate with various people, including contractors, employees, clients, investors and partners. Strong written and verbal communication skills are often necessary for succeeding as entrepreneurs. Excellent communication skills can also be helpful when pitching your ideas to prospective investors or handling grievances from your customers.
Entrepreneurs are usually responsible for all financial aspects of their business, particularly in the initial phase of their business operations. This means having strong financial skills like financial reporting, financial analysis and risk management skills can be important to sustain your business. Having comprehensive financial knowledge can help you make well-informed financial decisions for your business.
Read more: Entrepreneur Skills: Definition And Examples
Training and education required to become an entrepreneur
You do not need any one specific training or education to be an entrepreneur. Anyone can start a business with minimal or no prior training or education. A Bachelor's degree in business administration or business management can be beneficial for entrepreneurs. These degrees provide an overview of starting and managing a business. You may also consider education or training focussing specifically on the industry subjects you wish to start a business in.
Read more: 12 Different Types Of Entrepreneurship
Advantages of becoming an entrepreneur
Following are some advantages of being an entrepreneur:
Flexible working hours
As an entrepreneur, you get to set your own working hours. While you may have to work longer hours in the initial phase of your business, if you succeed, you can strive to maintain a much better work-life balance. This also necessitates that you have good time management skills and discipline to manage your responsibilities properly.
Contribution to employment generation
One of the most significant benefits of being an entrepreneur is that you get an opportunity to provide employment opportunities to others. This means you could give jobs to people in your community and be a real contributor to the growth and development of society. If your business becomes successful, you may be able to impact many people's lives positively.
Read more: 10 Entrepreneur Characteristics That Lead To Success
As an entrepreneur, you also get an opportunity to innovate. You are free to make your own strategy, work on unique products and find creative solutions to challenges. This gives you the opportunity to bring new products and services to market and contribute to the betterment of the industry as a whole.
Salary figures reflect data listed on Indeed Salaries at time of writing. Salaries may vary depending on the hiring organisation and a candidate's experience, academic background and location.
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