I genuinely felt that faculty at GIBS don't limit themselves to just teaching the syllabus. They're very involved when it comes to research, entrepreneurship, or even if someone wants to try a startup idea. Because of things like IRE (Innovation, Research & Entrepreneurship) and the whole incubation
Entrepreneurship Career Guide: From Mindset to Success

Aquib RahmanAssistant Manager
Let’s go over what comprises the entrepreneurship career in 2024 and beyond. Discover why you should become one, the most important skills/mindset you need, typical roles, and getting started.
What is an Entrepreneurship Career?
A successful entrepreneurship career starts with identifying and meeting a target market's specific and unique needs. The entrepreneur offers innovative solutions that are useful and profitable.
Difference Between Entrepreneurship and Office-Going Careers
An entrepreneur operates on a completely different level than a regular company employee. Here are some key differences.
|
Aspect |
Entrepreneur |
Employee |
|
Autonomy vs. Direction |
Operates independently; makes decisions about the business direction and strategy. |
Works under the guidance and strategies established by an employer. |
|
Risk and Reward |
Bears financial risks but has the potential for high rewards if successful. |
Enjoys stable income and benefits with limited exposure to financial risk. |
|
Work Dynamics |
Handles multiple responsibilities; has unpredictable and flexible work hours. |
Focuses on specific roles; generally follows a structured schedule. |
You can always explore the definition and scope of entrepreneurship in more detail.
Why Choose Entrepreneurship as a Career?
Entrepreneurship as a career can be pretty rewarding. Here's why
- Autonomy and Control
- Potential for High Earnings
- Opportunity for Innovation and Creativity
- Personal and Professional Growth
Entrepreneurship Career: Kind of Mindset and Skills to Build with Examples
When you explore courses on entrepreneurship, you will find the skills to learn are a combination of several different areas. Product and business development, technology, marketing, management, operations, and creativity are necessary to hone.
There are many ways to get into entrepreneurship. Nor is there any certainty that the business will be a success. But amidst that, they pull through. Take the examples below.
Recommended Entrepreneurial Mindset and Skills
- Resilience: Entrepreneurs must be able to bounce back from failures and setbacks.
Example of Resilience - Howard Schultz from Starbucks faced a lot of investor rejections to turn his brand from a local to a global one.
- Problem-Solving: Seeing challenges as opportunities is necessary for entrepreneurs to thrive.
Example of Problem-Solving - Elon Musk (a famous example) faced challenges because of the high costs involved with space travel. He created solutions that reduced expenses and revolutionised the aerospace industry.
- Adaptability: An entrepreneur should continuously be flexible and must address/respond to the changing business environment.
Example of Adaptability - Brian Chesky from Airbnb is known for his adaptable leadership during the COVID-19 pandemic. Airbnb shifted focus to local stays and launched virtual experiences to sustain the business during a global travel downturn.
- Vision: Most importantly, the entrepreneur needs to see potential in ideas and execute them.
Example of Vision - Jessica Herrin from Stella & Dot envisioned empowering women through entrepreneurship. Her ability to see potential in direct and social sales has led to significant growth in her company.
Roles in Entrepreneurial Career with Estimated Salaries
Here are some types of roles within entrepreneurship.
- Business Owner: They own and manage startups. They oversee all aspects of the business, from strategic planning to daily operations. AmbitionBox says their annual salary range can go up to INR 28 LPA or more.
- Business Consultant: Entrepreneurs can work as business consultants. All they have to do is provide expert advice to businesses on various topics such as strategy, marketing, and operational efficiency. This role often requires specialised knowledge and experience in a particular industry. AmbitionBox data suggests they can make up to INR 26 LPA.
- Roles in Family Businesses: Family businesses often require specific roles that blend family dynamics with business operations. Typical positions include owners, managers, and board members. Compensation depends on the entire business size and total earnings, but the percentage of earnings is much higher than the average of traditional salary-based careers.
Starting Your Entrepreneurial Career
Here are some proven ways to begin your entrepreneurship career.
Identify Your Business Idea
- Research market gaps and problems you're passionate about solving
- Test your idea through customer research and feedback
- Choose something that matches your skills and interests
Plan Your Business
- Write a clear business plan with your mission and target market
- Establish short and long-term growth goals
- Plan your finances, including costs, pricing, and funding needs
Getting Started with Funding
- Consider funding sources: personal savings, loans, investors, or crowdfunding
- Network with mentors and fellow entrepreneurs for guidance
- Use online tools and templates to help with planning
While at it, you can also pursue some advanced entrepreneurship courses online. Such courses will actually help you with all of the above steps with in-depth topics and projects.
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News & Updates
Student Forum
Answered Yesterday
Atlas SkillTech University, School of Management and Entrepreneurship BSc is a three year course offered in regular and full time mode. Students have an option of choosing to pursue BSc for four years, in which case, they will be awarded the degree of BSc (Hons). The minimum eligibility for the prog
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Contributor-Level 10
Answered Yesterday
Atlas SkillTech University, School of Management and Entrepreneurship BBA is a three year course offered in regular and full time mode. Students have an option of choosing to pursue BBA for four years, in which case, they will be awarded the degree of BBA (Hons). The minimum eligibility for the prog
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Contributor-Level 10
Answered Yesterday
Atlas SkillTech University accepts GMAT, CAT, NMAT, XAT, MAT, CMAT, ATMA, or State CETs scores for MBA admissions. Find below the suggested cut-offs for preferred scores:
- CAT/XAT: Minimum 70 percentile
- NMAT: Minimum 200 marks
- CET: Minimum 80 percentile
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Contributor-Level 10
Answered Yesterday
Atlas SkillTech University, School of Management and Entrepreneurship MBA/PGDM is offered in four specialisations, namely:
- MBA for an AI world (Dual Specialisation)
- MBA in FinTech
- MBA in Investment Banking
- MBA in Financial Planning and Applied Finance
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Contributor-Level 10
Answered Yesterday
The examinations accepted by ATLAS SkillTech University, School of Management and Entrepreneurship for MBA admissions are :
- MAT
- XAT
- NMAT
- CMAT
- CAT
- MAH CET
- ATMA
The university also conducts the ATLAS Aptitude Test for MBA admissions as a part of the admission process.
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Contributor-Level 10
Answered Yesterday
The minimum eligibility for UG programmes at Atlas SkillTech University, School of Management and Entrepreneurship is passing Class 12 with a minimum threshold marks. For BBA, the minimum threshold score is 50% of aggregate from a recognised board of education while for BSc, candidate must score atl
h
Contributor-Level 10
Answered Yesterday
ATLAS SkillTech University, School of Management and Entrepreunership conducts its admission process mostly in the online mode, in an effort to make the process, more user friendly. The university however, may call candidates to the campus for collaborative acceleration round or document verificatio
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Contributor-Level 10
Answered Yesterday
The application process at ATLAS SkillTech University, School of Management and Entrepreneurship is held strictly in the online mdoe. The process can be completed via the official ATLAS SkillTech University website. The university does not entertain offline applications for School of Management and
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Contributor-Level 10
Answered Yesterday
Find below the step-wise explanation of the admission process at ATLAS SkillTech University, School of Management and Entrepreneurship:
- Application: Go to the official website and apply online by filling and submitting the application form.
- Assessment: Complete the online assessment for the course - B
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Contributor-Level 10
S
Beginner-Level 5
Answered 6 days ago
These documents are required during Pravin Dalal School of Entrepreneurship and Family Business Management admissions:
- Graduation Marksheet and Certificate (PG courses)
- Class 10 and Class 12 Marksheet plus Certificate (UG and Integrated PG courses)
- Identity proof (Aadhaar, Passport, PAN, etc.)
While the
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Contributor-Level 10
Answered 6 days ago
Yes, students can apply for the Women Entrepreneurship Program (WEP) which is an executive course offline by downloading and printing the application form from the institute page. Students must submit this application form after filling it out at the admissions office of Pravin Dalal School of Entre
C
Contributor-Level 10
Answered 6 days ago
The mode of application for Pravin Dalal School of Entrepreneurship and Family Business Management admissions is mainly online with students able to apply through the institute page, if they complete the course eligibility. Students can schedule or register for the institute level entrance exams onl
C
Contributor-Level 10
Answered 6 days ago
The application process for Pravin Dalal School of Entrepreneurship and Family Business Management admissions is given here:
- Open the institute page (familybusiness.nmims.edu).
- Click on the 'Enquire Now'.
- Register an account/ login.
- Fill out the online application form.
- Make the payment
- Schedule entrance
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Contributor-Level 10
Answered 6 days ago
It is difficult to say whether getting into Pravin Dalal School of Entrepreneurship and Family Business Management is tough or easy and will depend on the:
- Candidate's level of preparation
- Competition
- Available seats
- Personal motivation
As well as a number of other factors that will not be discussed here
C
Contributor-Level 10
Answered 6 days ago
Yes, there are certain application/ registration fees required during admission at Pravin Dalal School of Entrepreneurship and Family Business Management. This fee is:
- INR 2500 for F-MBA Week End (Family Business), MBA (Entrepreneurship) and MBA (Entrepreneurship & Family Business Management) program
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Contributor-Level 10
Answered 6 days ago
This list of entrance exams are accepted at Pravin Dalal School of Entrepreneurship and Family Business Management:
- NMIMS NPAT for BBA
- SAT/ ACT for BBA
- Institute-level Entrance Test for MBA
Students must also go through Personal Interview rounds during the admission process for the MBA course.
C
Contributor-Level 10
Answered 6 days ago
The admission process at Pravin Dalal School of Entrepreneurship and Family Business Management is based on entrance exam scores such as NMIMS NPAT for BBA. While MBA admissions require an institute level entrance along with Personal Interview rounds for final selections.
All courses at PDSE FBM requ
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Contributor-Level 10
Answered 6 days ago
The MBA courses fees can range around INR 11.45 Lakhs for the first year and INR 18 Lakhs to INR 23 Lakhs, total.
As such the affordability of MBA at Pravin Dalal School of Entrepreneurship and Family Business Management will vary from case to case and can depend on the student's budget, scholarships
C
Contributor-Level 10
Answered 6 days ago
Though Pravin Dalal School of Entrepreneurship and Family Business Management features many UG, PG as well as Executive programmes their top programme is the MBA course which is the most popular and highly sought-after among students with heavy competition and limited seats. Students should prepare
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Contributor-Level 10
Answered 6 days ago
To be eligible for admissions to MBA at Pravin Dalal School of Entrepreneurship and Family Business Management students must meet the required eligibility of graduating with a minimum aggregate of 50% while the selection process depends on institute-level entrance test and personal interview rounds.
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Contributor-Level 10
Answered 6 days ago
The specialisations offered for the MBA programme at Pravin Dalal School of Entrepreneurship and Family Business Management is numbered at 3. Here are the MBA specialisations offered at PDSE FBM:
- MBA in (Entrepreneurship & Family Business)
- MBA in (Entrepreneurship)
- Integrated MBA+BBA
These specialisatio
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Contributor-Level 10
Answered 6 days ago
Yes, it is worth joining iLEAD for students who are looking for practical, industry-based education in a modern learning environment. The institute offers strong academic programs supported by advanced studios, labs and production facilities. It also provides AI-integrated learning. Its national rec
V
Contributor-Level 8
Answered 6 days ago
The specialisations offered for the BBA programme at Pravin Dalal School of Entrepreneurship and Family Business Management is numbered at 3. Here are the BBA specialisations offered at PDSE FBM:
- BBA in (Hons. Finance)
- BBA in (Management & Marketing)
- Integrated BBA+MBA
These specialisation allow for fle
C
Contributor-Level 10
Answered 6 days ago
To study BBA at Pravin Dalal School of Entrepreneurship and Family Business Management students must meet the required eligibility of passing Class 10 and Class 12 with a minimum aggregate of 50% while the selection process depends on entrance exam scores such as SAT/ ACT and NMIMS NPAT.
C
Contributor-Level 10
Answered 6 days ago
The course fees for BBA at Pravin Dalal School of Entrepreneurship and Family Business Management depends on specialisation as well as other factors with the fee structure having many constituents. Though generally one will find that the BBA course fees ranges around INR 8 Lakhs for the first year w
C
Contributor-Level 10
Answered 6 days ago
Pravin Dalal School of Entrepreneurship and Family Business Management offers a number of UG, PG, and Executive courses including BBA, MBA, BBA+MBA. These courses are extended across a few specialisations allowing students to flexibly decide their futures through their preferences. Interested studen
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Contributor-Level 10
Answered 6 days ago
Pravin Dalal School of Entrepreneurship and Family Business Management is known for its focus on the Business & Management stream with the institute also being recognised for its integrated management programme with a focus on Entrepreneurship and Family Business such as BBA+MBA. The institute has a
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Contributor-Level 10
Answered 6 days ago
Yes, Pravin Dalal School of Entrepreneurship and Family Business Management is affiliated to NMIMS Mumbai as a constituent of the university and extends courses under it sharing the same campus, recognitions, approvals and accreditations. Students will have their degrees extended under both the name
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Contributor-Level 10
Answered 6 days ago
Yes, Pravin Dalal School of Entrepreneurship and Family Business Management shares an NAAC grade of A+ with its constituting NMIMS Mumbai. The university excelled in the categories of:
- Curricular Aspects
- Governance, Leadership & Management
- Student Support & Progression
- Teaching-learning & Evaluation
Earn
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Contributor-Level 10
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What is the duration of BSc programme offered at ATLAS SkillTech University, School of Management and Entrepreneurship?