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Section 1.2 Becoming an Entrepreneur
and inspire others to do great things. Think about the entrepreneurs
you know or have read about. Do they ever give up? Are they excited
about what they do? Is the next challenge for them just around the
corner?
To be a successful entrepreneur, you must lead your employees,
vendors, and customers. Good leaders make others believe in what
they are doing by selling their ideas and sharing their visions.
Effective entrepreneurs
• establish and manage relationships by spending time and energy
with peers, suppliers, and customers;
• empower others to act and allow capable people to make
appropriate decisions;
• lead by example; a leader does not just tell people what to do, but
models the behavior;
Figure 1-5. Anyone can become an entrepreneur.
26% are
20–34
26% are
35–44
25% are
45–54
23% are
55–64
38% are
female
62% are
male
Age Gender
Education
46% have a
high school
education
24% have
some
college
30% have
a college
degree or
above
Industry
2% are in
manufacturing
9% are in
skilled trades
23% are in
construction
55% are in
services
11% are
uncategorized
Source: Kauffman Foundation
Entrepreneur Statistics