Are Online Entrepreneurs Today Like Entrepreneurs of The Past?
In the 1900’s 90% of Americans owned their own businesses. Such a change! Now 90% work for someone else! We’re seeing a turn upward right now in front of our own eyes and many don’t see the rest coming. Some have put a label on the climate we‘re going through right now as, “The age of the entrepreneur.” I feel their exactly right. Instead of farmers and trades people and every type of shop you can possibly think of; they’re modern day online entrepreneur’s. How long will the process go on and where will it take us? What does it really take to be a successful entrepreneur?
Wikipedia: an entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome. The term is originally a loanword from French and was first defined by the Irish-French economist Richard Cantillion.
Some of the most famous entrepreneur’s of these times are Donald Trump, Bill Gates and Oprah. Some even started in their garage like Larry Page and Sergey Brin of Google. Some didn’t have a penny to there name. Milton Hershey started five times and failed. Then just when things were turning his way, all his inventory got stolen! Wiped him smooth out! He said, “Maybe the caramel candy business isn’t right for me.” That’s when he decided, “Maybe the chocolate business is what I need to be in!” The rest is history.
How would the world be if 50% of people were online entrepreneur’s and the other 50% of the population still worked for others? How long would it take to get there…if that did happen? Ten years or fifty years? Is there that many people out there who would even want to be a full blown entrepreneur? What does it take to be an entrepreneur?
Napoleon Hill studied five hundred of the world’s most influential and richest entrepreneurs over a twenty-five year period. He found there was only a couple common denominator’s between all these people. A few were rich when they started, but most were not. Some had expertise in their product, but many didn’t. Andrew Carnegie knew almost nothing about steel, but he surrounded himself with all the experts he needed. This allowed him to become the richest person in the world at the time.
The only two common threads found between these great entrepreneur’s was this. They never quit on their dream! Albert Einstein failed 10,000 times before discovering how to harness electricity. Richard Branson failed miserably many times in a balloon attempt before he set a world record in circling the globe. The second thread is they pictured in there imagination what it was they wanted to accomplish. They never lost site of their goal, no matter what set-backs came up. So there you have it. Don’t quit and work backwards to your goal. Yes, I feel the online entrepreneur’s of today are very much like entrepreneur’s of the past!