How to Become a Startup Founder: Australian Careers in Entrepreneurship

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Bachelor of Applied Entrepreneurship

In a rapidly-changing business world, whether launching a start-up or joining the workforce, graduates need practical experience, the ability to adapt to change and a readiness to handle big ideas. With that in mind, Ducere and Torrens University Australia deliver a Bachelor of Applied Entrepreneurship that teaches the practical enterprise skills that entrepreneurs and employers need in the 21st century,

With this online degree, you can build your own venture. Ducere’s unique learning and assessment model focuses on practical industry skills, achieved through holistic and applied assessment tasks. Throughout your degree, you’ll complete projects relevant to you, your current workplace and your future business – in place of exams, you’ll be working on real business plans!

You’ll develop an industry-relevant project portfolio as part of your degree, receive dynamic insights from business leaders and start-up pioneers and attend dynamic industry events with course partners including KPMG, NAB, PwC, Telstra and more.

Online

Chief Executive Officer (CEO), Development Officer, Economist, Entrepreneur, Financial Broker, Fundraising Manager, General Manager, Management Consultant, Sales Executive, Small Business Owner, Startup Founder, Strategist

Price may vary

2-4 years

Bachelor of Applied Business (Management)

In a rapidly-changing business world, employers need graduates with practical experience, the ability to adapt to change and a readiness to handle big ideas.

With that in mind, Ducere and Torrens University Australia are proud to offer a Bachelor of Applied Business (Management) that combines the fundamentals of management and business leadership with the practical enterprise skills of the 21st century. If you’re ready to stand out from the crowd and to distinguish yourself as a workplace innovator, then this is the degree for you. In place of exams, you’ll be working on your own business plans, and completing projects relevant to you and your workplace.

In this industry-focused online degree, you’ll develop an industry-relevant project portfolio, receive practical insights from global leaders, CEOs and business innovators and attend dynamic industry events with course partners including KPMG, NAB, PwC, Telstra and more.

Study managerial communication, corporate structuring, project management and business model analysis. Lead high performing teams and utilise technology to identify risks, opportunities and maximise ROI. Secure your future with real-world learning. You’ll receive dynamic insights from a global faculty of 250+ world leaders, including Presidents, Prime Ministers, billionaires, philanthropists, Fortune 500 CEOs, Start-up Pioneers, Nobel Peace Prize Winners and more

Instead of exams, you’ll benefit from practical education where you can choose the topic of your assignments and tailor the degree to your career goals. If this sounds like you enquire now!

Online

Business Administrator, Business Development Manager, Executive Officer, Financial Analyst, HR Manager, Management Consultant, Managing Director, Operations Manager, Project Manager, Purchasing Manager, Sales Executive, Small Business Owner, Startup Founder, Team Leader

Price may vary

2-4 years

Service Design: Elevate

Service Designers aim to create seamless and efficient service experiences. They holistically look at multichannel customer interactions with your brand. This also involves organising behind-the-scenes resources that enable your service to be delivered – your employees, processes and systems.

This intensive, 100% online Service Design: Elevate course from Academy Xi prepares students to understand, refine and create services, and deliver a thoughtful brand experience. You’ll learn how to use essential service design methods, tools and techniques to create a new service experience, or improve an existing one. You’ll also learn how to conduct industry research; create customer journeys, experience maps and service blueprints; and develop effective and powerful pitches and presentations.

Each week focuses on new techniques and tools that can be applied in existing positions or used to begin a new career. You will complete a portfolio project, gain real-world experience and emerge ready to apply service design principles across a range of industries and disciplines.

This Service Design: Elevate course is ideal for professionals including but not limited to:

Anyone working in a service-oriented role like customer service, financial services, public service, etc. who wants to make better use of their organisation’s resources and improve service delivery
Professionals working in adjacent disciplines like UX, CX or Business Design and looking to expand their skill set and boost career prospects
Entrepreneurs and small business owners who want to set their business apart by offering exceptional service delivery
Anyone who wants to learn practical Service Design skills that they can apply right away

Online

Advertising or Marketing Professional, Entrepreneur, Product Developer, Service Delivery Manager, Service Designer, Service Manager, Startup Founder, UX Designer

Price may vary

6 months, 60-80 hours total

BSB40320

Certificate IV in Entrepreneurship and New Business

Think you’ve struck gold with a business idea that could be the next big thing? Or maybe you want to quit working for someone else and be your own boss? Find success with the BSB40320 Certificate IV in Entrepreneurship and New Business from Open Colleges.

Delivered 100% online, this course has been designed to offer students the foundational skills across key areas; including small business strategic planning, financial management, marketing, and operations. During your studies, you’ll learn critical skills for business success, including how to plan your business finances and get your cashflow in order; the art of small business marketing; how to identify and understand your customers, plus much more.

Enquire today to find out more and be on your way to becoming a better business manager.

Please note: This is a fee-for-service course, it is not government funded.

Online

Business Coordinator, Business Development Manager, Entrepreneur, Small Business Manager, Small Business Operator, Small Business Owner, Startup Founder

Price may vary

Up to 24 months

On this page

What is a Startup Founder?

What will I do?

What skills do I need?

Resources

What is a Startup Founder?

The role of a Startup Founder is an exhilarating journey that combines creativity, innovation, and leadership. Startup Founders are the visionaries behind new businesses, responsible for transforming ideas into viable products or services. They play a crucial role in shaping the direction of their company, often starting from scratch and building a team that shares their passion and vision. This career is not just about launching a business; it’s about creating something meaningful that can impact lives and industries.

As a Startup Founder, one of the primary responsibilities is to develop a comprehensive business plan that outlines the company’s goals, target market, and financial projections. This involves conducting market research to understand customer needs and identifying potential competitors. Founders must also secure funding, whether through personal investment, venture capital, or crowdfunding, to bring their ideas to life. They are often involved in every aspect of the business, from product development and marketing to sales and customer service, ensuring that the company operates smoothly and efficiently.

Daily tasks for a Startup Founder can vary widely, but they typically include strategising and making critical decisions that affect the company’s future. They spend time networking with potential investors, partners, and customers, building relationships that can lead to new opportunities. Additionally, Founders often engage in team management, fostering a positive company culture and motivating their employees to achieve shared goals. This dynamic environment requires adaptability and resilience, as challenges and setbacks are common in the startup world.

Ultimately, a career as a Startup Founder is incredibly rewarding for those who thrive on innovation and are driven by the desire to make a difference. It offers the chance to be at the forefront of change, to learn continuously, and to grow both personally and professionally. For individuals with a passion for entrepreneurship, this path provides an unparalleled opportunity to turn dreams into reality and to leave a lasting legacy in their chosen field.

Career snapshots For Startup Founders

The role of a Startup Founder is increasingly significant in today’s dynamic business landscape. This career path is often characterised by innovation, risk-taking, and the potential for substantial financial rewards. Founders typically work long hours, often exceeding the standard 40-hour work week, as they navigate the challenges of building and scaling a business.

Average Age: Many startup founders are in their late 20s to early 30s, although there is a wide range of ages.
Gender: The startup ecosystem has a notable gender disparity, with approximately 25% of startups founded by women.
Hours per Week: Founders often work 50-70 hours per week, especially in the early stages of their business.
Pay: Compensation can vary widely; however, many founders may not take a salary initially, with potential earnings increasing significantly if the startup succeeds.
Unemployment Rate: The unemployment rate for startup founders is difficult to quantify, as many are self-employed and may transition between ventures.
People Employed: The number of startup founders in Australia is estimated to be in the thousands, with many operating small to medium-sized enterprises.
Projected Growth: The startup sector is expected to grow, driven by technological advancements and increasing support for entrepreneurship.

Overall, the journey of a startup founder is marked by both challenges and opportunities, making it a compelling career choice for those with a passion for innovation and business development.

What will I do?

Being a startup founder is an exhilarating journey filled with challenges and opportunities. This role requires a unique blend of creativity, strategic thinking, and resilience. Founders are responsible for turning innovative ideas into viable businesses, navigating the complexities of the market, and leading their teams towards success. Each day presents new tasks that demand adaptability and a proactive approach to problem-solving, making this career both rewarding and dynamic.

Idea Development – Generating and refining business ideas based on market needs and personal passion.
Market Research – Conducting thorough research to understand the target audience, competitors, and industry trends.
Business Planning – Creating a comprehensive business plan that outlines the vision, goals, and strategies for the startup.
Fundraising – Seeking investment through pitches to venture capitalists, angel investors, or crowdfunding platforms.
Team Building – Recruiting and hiring a talented team that aligns with the startup’s mission and culture.
Product Development – Overseeing the design and development of products or services, ensuring they meet customer needs.
Marketing Strategy – Developing and implementing marketing strategies to promote the startup and attract customers.
Networking – Building relationships with other entrepreneurs, investors, and industry professionals to foster collaboration and support.
Financial Management – Managing the startup’s finances, including budgeting, accounting, and financial forecasting.
Performance Analysis – Monitoring key performance indicators (KPIs) to assess the startup’s progress and make data-driven decisions.
Customer Engagement – Interacting with customers to gather feedback, address concerns, and build loyalty.
Adaptation and Pivoting – Being prepared to pivot the business model or strategy based on market feedback and changing conditions.

What skills do I need?

A career as a startup founder requires a diverse set of skills that blend creativity, strategic thinking, and resilience. Founders must possess strong leadership abilities to inspire and manage a team, as well as excellent communication skills to effectively convey their vision to stakeholders, investors, and customers. A deep understanding of the market and industry trends is essential, enabling founders to identify opportunities and adapt their business models accordingly. Additionally, financial acumen is crucial for managing budgets, securing funding, and ensuring the sustainability of the startup.

Moreover, startup founders should be adept at problem-solving and critical thinking, as they often face unexpected challenges that require quick and effective solutions. Networking skills are also important, as building relationships with mentors, investors, and other entrepreneurs can provide valuable support and resources. Finally, a strong sense of determination and the ability to embrace failure as a learning opportunity are vital traits that can help founders navigate the ups and downs of the entrepreneurial journey.

Skills/attributes

Entrepreneurial mindset
Strong leadership skills
Ability to adapt and pivot
Effective communication skills
Financial literacy and budgeting
Networking and relationship-building
Problem-solving abilities
Resilience and perseverance
Market research and analysis
Time management and prioritisation
Creativity and innovation
Understanding of technology and digital tools
Team-building and collaboration
Customer-focused approach
Strategic planning and vision

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How to Become a Startup Founder: Australian Careers in Entrepreneurship

What is a Startup Founder?

Career snapshots For Startup Founders

What will I do?

What skills do I need?

Skills/attributes

Resources

Career Outcomes