3. Earn an MBA-lite. Teaching entrepreneurism is an increasingly growing field. More colleges and universities are offering entrepreneurship or small-business certificates as a way to help people get their businesses off the ground. They don't carry the credit or cachet of an MBA, but they take less time to obtain and cost less too, according to New York Times .

While classes cover the basics -- marketing, tax and legal issues, business plans, fund raising -- the programs are tailored to meet the needs of the surrounding community, the article says. However some say it's important that certificate programs are taught by experienced mentors.

Others say the certificate programs are preferable because they can be nimble in their offerings. Julie Doyal, program coordinator for the Northwest Michigan College's Extended Educational Services, said the college recently added classes on how to use Etsy to its small-business certificate program.

Several years ago, "who would have even known what Etsy was? And even within Etsy, it continues to change," she told The Times.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

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