America is the only country built by entrepreneurs!
Entrepreneurs have this unfathomable ability to identify opportunities for improvement and new business. That has led so many of them to success. Entrepreneurs of our generation have created enormous value; that is why I believe that these revolutionary entrepreneurs of the past, like JP Morgan Chase, have built America and even our modern world. They have contributed so much over the centuries. America’s founding fathers have sacrificed themselves for the freedom of the United States. On the same note, entrepreneurs have perfected it for all of us. They created a fantastic foundation on which immigrants and every single citizen of America can thrive.
America has found that the transition to an entrepreneurial economy was more straightforward than its rivals because entrepreneurship is rooted in its history. An entrepreneurial spirit is rooted in our country’s history. America has been built by people searching for new opportunities, i.e., risk-takers and innovators. Americans learned from inventors like Thomas Edison and Benjamin Franklin and entrepreneurs like Henry Ford and Andrew Carnegie. America relied on established innovators and risk-taking willing to sacrifice old certainty for new opportunities.
The United States has played a critical role in spreading the culture of entrepreneurial development worldwide. American schoolchildren grow up with stories about inventors like Benjamin Franklin and Thomas Edison. People admire our ability to produce world-changing entrepreneurs like Bill Gates, Steve Jobs, Elon Musk. Wealth created by universities like Harvard and Stanford and Silicon Valley’s world-leading cluster. In the late 1970 “s, the U.S. was the first country to implement entrepreneurial endeavors and abolish managerial capitalism.
The significant revolutionary changes in our history and their inventions created groundbreaking and diverse projects that helped solve people’s problems and improve their lives. Industries such as ships (Vanderbilt), oil, gas, and kerosene (Rockefeller), steel (Carnegie), banks (Morgan), and – of course – cars (Ford). As we move closer to where people live, we can see how these industries have developed and how America has had a period of growth and expansion that has driven the world. That hasn’t stopped till today. The curiosity and risk-taking capacity of every American entrepreneur drive innovation and the future of the whole planet. It is a transformative experience for me to personally meet so many of the great thinkers and leaders of our current and next generation.
Andrew Carnegie was an American entrepreneur who had immigrated from Scotland. Born in the lower class, he emigrated with his family to Pennsylvania to lead a better lifestyle. Bill Gates was one of America’s most famous technology entrepreneurs. He grew up in Seattle and started tinkering with P.C.s with a friend, Paul Allen.
Carnegie founded the Carnegie Steel Company and built it into one of the largest corporations in American history. Ford founded the Ford Motor Company, for which he is most famous. Ford was the third attempt at a car company and remained a constant hit with annual sales of $15.59 billion.
Despite serious racial challenges, several African-American entrepreneurs have built business empires in the fields of beauty, health, and fashion are active, including but not limited to Annie T. Malone, Madam C.J.
Our generation of technopreneurs such as Bill Gates, Steve Jobs, Elon Musk, Larry Page, Sergey Brin, and Mark Zuckerberg has made significant contributions to society.
The United States of America has several structural advantages when it comes to entrepreneurship. The first venture capital fund was founded in 1946. The American Research and Development Corporation is now the world’s oldest venture capital industry with an unmatched blend of resources, know-how, and clients. The United States has always been based on entrepreneurial ideas and policies, and now it is time for Americans to show their true face. That is the success of modern American entrepreneurs, and let us hope that they continue to innovate and build on the legacy of the men who built this country. Countries are determined to overcome their financial crises with the robust, if not refinable, power of entrepreneurs.
The history of the entrepreneur is as old as the history of our civilization. Looking at individual trade-based settlements, some colonies thrived while others perished. Greed has caused many people to suffer for far too long too. The government and policymakers have a crucial role to play here. Building more sustainably ensures that we do not kill humanity in the name of progress.
The Industrial Revolution, a centuries-old movement spawned by the information age and current curve, would not have happened without women in the labor market. Women took on riskier and more challenging jobs that men could not cope with and were paid less than they should have been. If our foremen had other jobs, they would have gone to find work.
We still have a long way to go to build a better world. But our next generation of entrepreneurs is getting ready to solve the problems of the future.
Several not-so-celebrated heroes of Indian origin have helped build several transformative American organizations; Naren Gupta, Naveen Jain, Arjun Malhotra, BV Jagdish, Ashutosh Garg, Raj Jaswa, Vinod Khosla, Mohit Aron, Jyoti Bansal, Anand Jaganathan, and more. All of them have one thing in common, ‘curiosity,’ and it’s amplified to the nth level. People like them came and built it on the foundation and sacrifices of early entrepreneurs. Several entrepreneurs have sacrificed everything and didn’t get the respect they deserve, such as Nikola Tesla. Despite the failures, heartbreaks, and personal sacrifices, so many of us choose to become entrepreneurs, and none of us will change anything about it.
References:
https://en.wikipedia.org/wiki/American_Research_and_Development_Corporation
https://www.huffpost.com/entry/america-the-beautiful-bui_b_640621
https://medium.com/presleyson/the-men-who-built-america-ecda9e675b5d
https://www.economist.com/special-report/2009/03/14/the-united-states-of-entrepreneurs
https://themarketingsquad.com/blog/business-lessons-from-the-men-who-built-america
https://squareup.com/us/en/townsquare/the-history-of-american-entrepreneurship
