Before anyone can start talking about entrepreneurship in...

Before anyone can start talking about entrepreneurship in America, one must first know what entrepreneurship is. According to Webster’s Dictionary, an entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. While when we think of being an entrepreneur we always seem to think business, however when we look at that definition of being an entrepreneur it seems that our country was founded on entrepreneurship. Our great land of the United States as we know it today was started with a considerable initiative and a huge amount of risk which we know from history as the revolutionary war. But entrepreneurship in America started way before any of the early settlers†¦show more content†¦This year you needed a net worth of at least $1.3 billion.( Rd.com) The drive of these people to obtain a better live for them and their families often leads to innovations for everyone in society to enjoy. Consid er someone like Isaac Singer. He obtained an apprenticeship at a machine shop at age 19 and developed a talent for making useful instruments. While initialing selling a patent for a rock drill for a merger $2000 to pursue acting (Gordon 6), he eventually amass a fortune going back to his roots and inventing the first sewing machine. While technically it wasn’t the very first one, it was the first one that actually worked. It revolutionized an entire industry doing what would normally take someone 14 hours by hand in less than 10% of the original time. By the time Isaac Singer’s death in 1875, not only did he have a lot of money but with his help America’s economy transformed with the emergence of giant corporations doing business in producing clothing employing thousands of Americans. It is the stories of the 10% of Americans like this that help to employee most of the workforce outside of governmental institutions today. When there is a drive there will be inno vation. Needs drives people in our society to invent new machines, processes, and innovations to current products. The future of America will continue to lie in the hands of entrepreneurs. As we look for new ways of harvesting energy for our homes and cars, and alternative methods of producing foodShow MoreRelatedThe Success Of A Successful Entrepreneur3266 Words   |  14 Pagesimportant for one to be independent and be able to be resourceful enough to depend on you. In social entrepreneurship one has to focus mostly on what the society is going to gain, hence; my business has to be more than just to promise my organization but benefit the society in a large way, for example Muhammad Yunus. Yunus was the founder of Grameen Bank, which pioneered the concept of microcredit for supporting innovators in multiple developing countries in Asia, Africa and Latin America. WikipideaRead MoreThe Entrepreneurial Mind-18021 Words   |  73 Pagesthe Twenty-First Century Part 1 Chapter overview Photograph Entrepreneurship: Evolutionary Development—Revolutionary Impact 2 The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics 31 The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship 67 Social Entrepreneurship and the Global Environment for Entrepreneurship 98 Entrepreneural case analysis Corporate Entrepreneurship and Innovation in Silicon Valley: The Case of Google, Inc. 127 Entrepreneurship: EvolutionaryRead MoreI Love Reading Essay69689 Words   |  279 PagesCommission Entrepreneurship in India National Knowledge Commission 2008  ©National Knowledge Commission, 2008 This report has been prepared by Amlanjyoti Goswami, Namita Dalmia and Megha Pradhan with support and guidance from Dr. Ashok Kolaskar and Mr. Sunil Bahri. Table of Contents Acknowledgements Executive Summary Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI Chapter VII Annexure I : : : : : : : : Introduction: Why Entrepreneurship What Motivates Entrepreneurship Socio-culturalRead MoreCase Studies: Sas Airline Ryanair80169 Words   |  321 Pagesderegulation of air transportation in Europe foster entrepreneurial behavior and innovation in the European airline industry over the last twenty years? Case studies: SAS Airline Ryanair Master Thesis in Entrepreneurship and Dynamic Business Contexts Spring 2007 Supervisor: Hà ¥kan Bohman Entrepreneurship Master Program Authors:
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