Sunday, October 2, 2011

History's Ten Greatest Entrepreneurs

       
          The definition of an entrepreneur is “one who organizes a business undertaking, and assumes the risk for the sake of profit”.  Entrepreneurship goes hand in hand with enterprise and enterprising which also undertaking of a big, bold or difficult idea full of energy and initiative.
     For some people entrepreneurship is about the profits of money, but profits can be measured in more than one way.  I think becoming an entrepreneur to help all people is as important prof to becoming a true entrepreneur. 
     Being an entrepreneur may not come over night, but they all start in the same way.  A dream is an idea that manifest into a business for the needs of mankind.  A great man once said, “necessity is the mother of invention”, which is the basics to becoming an entrepreneur.     
     The topic of entrepreneurship is a long standing practice of anyone with an idea to make a
profit on all kinds of items, from coinage in the 13th century to make currency for business to the
computers of the 80's.  The person that dreams big and has persistence in an idea can become an
entrepreneur.           
     The number of entrepreneurs in the world are in the millions, probably billions of both men
and women.  Some fail, some succeed, and some excel.  The top ten greatest entrepreneurs of all
time would be top heavy with Americans.
1.      King Croesus, ruler of Asia Minor in the sixth century B.C.  A huge debt of gratitude to Croesus for minting the world’s first coinage, and creating life blood to every business for liquidity and cash flow.
2.      Pope Sixtus IV opening up a new market--the dead--"wages of sin" damnation with the
church had been selling for years.  In 1478 Sixtus "grew his market which swelled
purgatory’s ranks by 100,000 souls in 15 years.  Sixtus was the first Pope to license brothels.
3.      Benjamin Franklin was America's first entrepreneur.  Franklin was truly a model for many of us today.  Besides a statesman, Franklin was also a popular author, printer, inventor (lightening rod and bifocals) and a very savvy business man and how to commercialize the ideas from his fertile mind.
4.      P.T. Barnum, best known as the creator of Barnum and Bailey Circus, for wonderment of bizarre and freakish of sideshows.  Within came the midget Tom Thumb, Jumbo the Giant Elephant to make the greatest show on earth.
5.      Thomas Edison is best known for electric light, phonograph, talking pictures, and more than 1,300 other patented inventions. He was certainly the world’s greatest inventor.  As a teenager, he would have an impact on peoples life’s as a printer of new papers from a baggage car of a train.  Edison stands alone as an inventive genius and entrepreneurial flair.
6.      Henry Ford changed human lifestyle by extending the range of movement of people by availability of the Model T Ford to every corner of the continent.  His single breakthrough was in industry was the moving assembly line to build vehicles in mass production.
7.      Benjamin "Bugsy" Siegel, a notorious mobster and visionary to see what a town could become a lush oasis where gambling is just one attraction for the other people’s money to build his iconic resort, The Flamingo, before the Bellagio.  He legendry single-handedly invented Las Vegas.  Siegel was gunned down in 1947 for stealing money from his
partners called Murder Inc.
8.      Ray Kroc, a kitchen wares salesman, in 1954 at the age of 52.  Nothing says entrepreneur like persistence like Kroc.  After buying out the McDonald brothers, a family-run restaurant outside of Los Angeles, Kroc took the concept of a limited menu, fast service, and low prices, and expanded it nationally to create the fast food industry effecting America's lifestyle.
9.      H. Ross Perot, a Texan entrepreneur with a cowboy's touch and all business.  A visionary in 1962 with a loan from wife of $1,000.00 launched electronic data systems to full advantage of computer technology.  In his mid-60's, won contracts with two new Federal health care programs--Medicare and Medicaid--EDS made Perot was on his way to becoming America's richest citizens.
    10.  The two Steve’s of Apple Computers, Jobs and Wozniak weren't the first in Silicon             Valley entrepreneurs.  They launched a billion-dollar business from a garage in Palo Alto,     California.  Combining Wozniak's operating system design and Job's marketing savvy, the "1984" Apple ad was a true phenomenon.  Apple was eclipsed by the PC by two other notable entrepreneurs, which were Bill Gates and Paul Allen.  They developed Windows to ape its rival's ease of use.

Source:  History's 10 Greatest Entrepreneurs

Monday, September 26, 2011

The History Origin of Entreprenuership

The topic of entrepreneurship is a long standing practice of anyone with an idea to make a profit on all kinds of items, from coinage in the 13th century to make currency for business to the computers of the 80's.  The person that dreams big and has persistence in an idea can become an entrepreneur.

Baptiste say, by moving resources from low productivity areas to higher yield.  In 1848 the term was used in a popular book by John Stuart Mill that an entrepreneur would assume both, risk and gains.
The definition of an entrepreneur is “one who organizes a business undertaking, and assumes the risk for the sake of profit”. 

History of the origin of entrepreneur comes from the 13th century, it is from the French verb entrepreneur, meaning to do something or to undertake.  By the 16th century entrepreneur became a noun and the meaning was someone who under takes a business venture.
The first academic use of this term was by Richard Cantillon in 1730 and the distinguishing of an entrepreneur. Further popularized in the early 1800’s by Jean  management of a business.
In the 19th Century three economists, Say, Mill, and Alfred Marshall begin to see the actions and special skills required for an entrepreneurs.  Marshal claims four primary factors, which are land, labor, capital, and organization.  Say Treatise of the French work of entrepreneurs translated as the "adventureer".

Sources: "Origin of Entrepreneur"

Sunday, September 11, 2011

Introduction to a year of becoming an Entrepreneurship

     The topic of entrepreneurship is a long standing practice of anyone with an idea to make a profit on all kinds of items, from coinage in the 13th century to make currency for business to the computers of the 80's.  The person that dreams big and has persistence in an idea can become an entrepreneur.
     Out of all the options I had, I have chosen the blog as a means of communicating the last year of becoming an Entrepreneur.  The reason why I have chosen to blog is because I will be writing about personal interviews through my networking. 
     In my blog for the purpose of this article, I will hopefully bring to the reader that my idea is very feasible in these trying times here in the United States.  To give the reader a closer look at my endeavor of becoming an Entrepreneur, with my idea of simply helping my fellowman or women to have a better life for their futures.  This article is very important to me, because I will for the first time be letting the readers in on my idea, and I would like to hear their feedback from them on my idea.  I expect my audience at first will be my class members of Jennifer Cherry’s class 101.23 at Heartland College.  I would like to obtain the groups opinion as I move forward as an Entrepreneur with my idea. 

Saturday, September 10, 2011

Cover Sheet

Roger Harrison
English 101.23
Fall 2011
Entrepreneurship
Documentation style MLA
English 101.23 class and public
The consumer of gasoline
A year in the life of becoming an entrepreneur