Are entrepreneurs born or made?

Introduction

Passion. Vision. Focus. Courage. Will. These are just a few signature traits of successful entrepreneurs. But where do these qualities come from. Why some people become big fishes, could make a killing, who are they?   Are entrepreneurial features hard-wired into our DNA or acquired over time, like wrenches in a toolbox?

Adrian Atkinson, who is chief executive of Human Factors International has set up a research project to carry out which of the young people aged 14 to 18 advised by the trust should be encouraged — and which should not. This theory that anyone can become an entrepreneur is absolute nonsense. And what is terrible about that message is that it is making people risk their money, mainstay and is therefore creating larger debts, overdrafts and loans. It is just awful.”I often have people saying they are going to sell everything out and become an entrepreneur, and I say for goodness sake don’t put your foot in   it, or you`ll feel the pinch or live on a shoestring before being in red.   “

Atkinson’s theory is that people can be divided into two groups — those who are wealth creators and those who are not. The group of wealth creators can then be divided into four different types — experts, corporate-wealth creators, enterprisers and true entrepreneurs. To find out if Atkinson’s theory isn`t in his mind`s eye, two successful entrepreneurs were tested: Will King, who set up King of Shaves, a business that sells shaving oil and razors and has sales of £15m; and Lara Morgan, who founded Pacific Direct, which provides toiletries to hotels and has sales revenue of £18m. King got 19 out of a possible 20, showing he is highly entrepreneurial. Morgan also scored 19 out of 20.

The Case

The survey I`d carried out in the High School of Tourism showed that now there are no Atkinson`s “true entrepreneurs” among the all responded students. I put this fact across as the feet-back of our psychological state and... [continues]

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