Entrepreneurship is a job just like every other job. Not everyone is made to be an entrepreneur and that is okay. One should only become an entrepreneur if they like it.

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Entrepreneurship is a job just like every other job. Not...

Iris Bos Discussion started by Iris Bos 6 years ago

Body of the text: A lot of people nowadays want to become entrepreneurs swayed by entrepreneurial success stories such as Bill Gates, Mark Zuckerberg etc. But not all of these people realize what an entrepreneurial career implies. Success stories such as those of Gates and Musk are quite rare since over 80% of start ups go bankrupt in their first two years of operations. Moreover being an entrepreneur means a lot of working hours and it is really required that you like what you do. For example in his biography, Bill Gates mentioned that many times the cleaning people would find him sleeping in his office in the morning after a night's work. Warren Buffet nevertheless says that for him working is like a vacation since he likes what he does.

What is your opinion? Is entrepreneurship for everyone? Should everyone attempt it? Or should we know out limits and stick to what we are good at and makes us happy?

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Yorgos Goletsis Well this brings us to the common question: 'Born or made' (the entrepreneur)
www.entrepreneur.com/article/308089 Loading content, please wait. 6 years ago

Iris Bos Yorgos Goletsis: I think it is a combination of being both born and made. Although we are being given examples of "self made" entrepreneurs such as Bill Gates or Warren Buffet, the reality is that, although they were highly talented people a lot of the times their families played an important role in their entrepreneurship. For example, Bill Gates's father was one of the most prominent lawyers in Seattle. Warren Buffet's father was a congressman and owned a company that did stock market trades. When he initially began potential customers were asking Buffet what his father thought about his investment decision. Thus, although Buffet is a great investor in his own right the influence and impact of his father can not be understated.

Nevertheless there are some cases of people who actually started from nothing and became good entrepreneurs. Oprah Winfrey is an example of an actual self made entrepreneur.

There are also cases of entrepreneurs who made were born into a wealthy family and... Show more 6 years ago

Yorgos Goletsis: I think it is a combination of being both born and made. Although we are being given examples of "self made" entrepreneurs such as Bill Gates or Warren Buffet, the reality is that, although they were highly talented people a lot of the times their families played an important role in their entrepreneurship. For example, Bill Gates's father was one of the most prominent lawyers in Seattle. Warren Buffet's father was a congressman and owned a company that did stock market trades. When he initially began potential customers were asking Buffet what his father thought about his investment decision. Thus, although Buffet is a great investor in his own right the influence and impact of his father can not be understated. Nevertheless there are some cases of people who actually started from nothing and became good entrepreneurs. Oprah Winfrey is an example of an actual self made entrepreneur. There are also cases of entrepreneurs who made were born into a wealthy family and simply continued their family business. For example, the children of the founder of American supermarket chain Walmart are all billionaires due to the inheritance they received from their father. they played some role in managing Walmart but the reality is the majority of their entrepreneurship is based on their inheritance. So the answer to the question is that sometimes entrepreneurs are born, sometimes they are made, sometimes both.

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