Namibian College of Open Learning (NAMCOL) Diploma in Business And Entrepreneurship

Namibian College of Open Learning (NAMCOL) Diploma in Business And Entrepreneurship

What is Diploma in Business And Entrepreneurship?

An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.

Entry Requirement

• The basic entry requirement to the Diploma is the Certificate in Business and Entrepreneurship. Any other equivalent qualification from a recognised institution of higher learning maybe considered for entry into this qualification.

Frequently Asked Questions

What business entrepreneurship means?

An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.

Is entrepreneurship a business career?

While it can often entail starting a new business, a career-track in entrepreneurship exists in nearly every industry or organization. Entrepreneurs work to develop ideas, create and refine products and services, and grow companies and industries.

What is entrepreneurship and business management?

Business Management and Entrepreneurship was designed by an experienced team of academics, many of whom have experience working with entrepreneurs in a variety of sectors. The degree takes into account the skills and attitudes required by entrepreneurs as they prepare to launch their businesses.

What is a career in entrepreneurship?

Career Entrepreneurship (CE) is the process of designing, launching and transitioning to the next steps in your career as if it is a business venture.

What is entrepreneurship and business management?

Business Management and Entrepreneurship was designed by an experienced team of academics, many of whom have experience working with entrepreneurs in a variety of sectors. The degree takes into account the skills and attitudes required by entrepreneurs as they prepare to launch their businesses.

What are the 4 types of entrepreneurial business?

It turns out that there are four distinct types of entrepreneurial organizations; small businesses, scalable startups, large companies and social entrepreneurs.

Do entrepreneurs have a career?

Although many entrepreneurs use their skills to create and run a company, others pursue a related job like business manager, finance manager, financial analyst, or chief executive officer.

Is an entrepreneur a job?

Being an entrepreneur is not a career. It is not something that you should major in in college. None of the above qualify you to start your own company. Starting a company, especially a high growth startup like those I am most familiar with, takes deep desire and is hard work.

Is entrepreneur a good career?

Entrepreneurship emerges as a favourite career option for the Indian students. There are many industries like internet & IT, media or engineering where you can find opportunities in abundance. Entrepreneurship as a profession gives a great sense of independence & remarkable amount of job satisfaction.

What skill do I need for entrepreneurship career?

A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.

What is money used to start a business called?

The term startup capital refers to the money raised by a new company in order to meet its initial costs. Entrepreneurs who want to raise startup capital have to create a solid business plan or build a prototype in order to sell the idea.

Is entrepreneurship better than a job?

Studies show that being an entrepreneur leads to a healthy life than an employee. Comment below, if yes. Entrepreneurs flexible their work schedule if anything important to their family or others. They have time to spend their time with family members and build a relationship.

Is entrepreneur the same as self-employed?

Self-Employed – Working for oneself as a freelancer or the owner of a business rather than for an employer. Entrepreneur – A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

How long does it take to start a career in entrepreneurship?

Most small businesses take at least 2 to 3 years to be profitable and become truly successful once they’ve hit the 7 to 10 year mark. Most small businesses take years to be successful, despite the overnight success of companies like Facebook.

What is the difference between a businessman and an entrepreneur?

A businessman is someone who sets up a business with an existing idea offering products and services to the customers. An entrepreneur is a person who starts an enterprise with a new idea or concept, undertaking commercial activities.

Are entrepreneurship courses worth it?

Having a degree in entrepreneurship can serve as a sort of validation of your business skills. When you go to get funding for a business concept or develop a partnership, a degree in entrepreneurship can add to your credibility. In your studies as an entrepreneurship major, you will develop your business instincts.