Are entrepreneurs born or made?

Citation metadata

Date: Nov. 2007
From: Black Enterprise(Vol. 38, Issue 4)
Publisher: Earl G. Graves Publishing Co., Inc.
Document Type: Brief article
Length: 388 words

Document controls

Main content

Full Text: 

For almost four decades, BLACK ENTERPRISE has profiled entrepreneurs, detailing the events that led to the launch of thousands of ventures. Many of these daring capitalists dreamed of starting their own company as a child, while others were thrust into business ownership for a variety of reasons--be it lack of upward mobility in the corporate workforce or the loss of a job. It begs the question: are entrepreneurs born or created?

There are certainly success stories on both sides of the fence, including those

who rank among the BE 100s. According to a survey by Northeastern University's School of Technological Entrepreneurship, there isn't really such a thing as an accidental entrepreneur. Some 62% of entrepreneurs surveyed say they were inspired to start their own companies by their innate drive. Work experience and the success of their peers were cited by only 21% and 16%, respectively, as factors. In fact, 75% of those surveyed say they launched their first venture by the age of 30.

So while business owners--those who create jobs for themselves out of circumstance or necessity--can be created, it seems true entrepreneurs are born. The DNA of true entrepreneurs propels them to get on the roller coaster ride that comes with launching a venture. They defiantly disregard red flags of caution, the words of naysayers, or any statistics that conclude their business may fail.

Whether you're a born business owner or you became one by happenstance, no one can argue that the experience is fraught with pitfalls. One misstep could prove disastrous. That's why BE created the ultimate Small Business Success Guide, aptly titled "Survival of the Fittest." It's a business owner's handbook chock-full of tips on completing every critical task, including how to incorporate your company, effectively market your products, use technology to increase overall productivity, and finance your venture. Spearheaded by Small Business Editor Tennille M. Robinson, the guide reveals a step-by-step process for building your business. "While entrepreneurship is one of the ways to build wealth, there are a lot of risks that come with it," says Robinson. "Having all the information to make sound business decisions is extremely important."

No matter which road to entrepreneurship one takes, there's little question that it's a tough one to navigate. Those intrepid capitalists at the wheel need all the tools at their disposal.

The Editors

Source Citation

Source Citation   

Gale Document Number: GALE|A170454601