Becoming An Entrepreneur

Entrepreneurs are they born or made, I don’t know but as I started doing this paper I had that thought. Webster's definition of entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise. For myself being a young African American male in a comparative light there seems to be significant problems, or obstacles, to becoming entrepreneur. These problems are categorized by environmental factors, opportunity factors, and issues related to capital. The purpose of this paper is to establish what makes a successful entrepreneur and what steps are used to becoming an entrepreneur.

Taking North America as an example, the number of people who are self-employed
(Entrepreneurs), as well as the percentage of all workers who are self-employed,
has continued to rise over the past several years. In addition, the number of women and minorities who are self-employed has risen steadily. For example, in 1993, women made up about one third of the self-employed wo...