Thursday 7 July 2016

Are Entrepreneurs Born or made?



The writers were motivated to write this piece of article when they were invited to speak at a seminar for a group of prospective young entrepreneurs dubbed “How to find your dream job or create it.” And they asked why that topic and this was the reply they received that drove them into writing this article, “some people had made a fortune in successfully managing other people’s investments and if everyone one to start their own business, who would work for them.” Was the reply a young lady gave them.
                Let’s take a look at some of the critical questions this article entails:
ü  Must everyone start a business?
They backed this questions with biblical illustrations of four generations of patriarchs and how they represent four different level of entrepreneurial involvement.
The first generation of patriarchs talk about Abraham, who started with nothing, built a successful business and created enormous wealth.
The second generation of patriarchs is about his Son Isaac, who inherited a business from someone else and goes on to manage it. This class could be expanded to include those who buy existing businesses and run them.
The third generation of patriarchs illustrates partnership and is represented by Jacob and his uncle Laban in his livestock business. In this scenario Jacob was gifted but lacked resources whiles Laban had resources but needed Jacob’s knowledge. This is normally how many partnership business originates.
The last category was the reply the young lady gave them. This is about Joseph who did not own a business but was such a great manager that Pharaoh gave him total control over all his wealth and business.
Each of the four patriarchs as mentioned above actually run a business and prospered greatly but not all of them had to start the business. However entrepreneurship is not always about starting a business on your own but your skills are also important.
ü  This brings us to the final question “Can entrepreneurship be learnt?”
Entrepreneurship is not necessarily academic. The cleverest people at school are not always those who make it in life and business. School is about facts – accumulating and remembering them.
     However, academic tuition does not always fire the imagination of the great. People who are conventionally clever get jobs on their qualifications (the past) not on their desire to succeed (the future). They therefore get overtaken by those who consistently strive to be better.
THANK YOU.
Source: The B&FT, Monday July 4, 2016
Author: Albert and Comfort Ocran
www.legacyandlegacy.com.gh


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