Entrepreneur*- Nature or Nurture (origins of the entrepreneur)
There are two theories about how entrepreneurs develop, often called the “supply” and “demand” theories. In the supply theory, entrepreneurs are born, not made — certain people have the personality traits that make a good entrepreneur. Several research studies have shown that entrepreneurs are convinced that they can command their own destinies, or in the jargon of behaviorial scientists, the “locus of control” of the entrepreneur lies within himself. It is this self-belief which stimulates the entrepreneur, according to supply-side theorists. John G. Burch, writing in the September-October 1986 edition of Business Horizons gave a list of in-born traits that make an entrepreneur: (Click to continue reading)
These are surely good traits to inculcate…I think I may have some but I still have this belief that the enterprising spirit is often born and not made. Either one has it or not. But maybe things are changing in the modern society we are moving nowadays.
I was thinking that this view on the enterprising spirit, that it’s inborn, would condemn others to a lifetime thinking that they might not have that enterprising spirit (on the other hand, if they go on life with that defeatist thought, then they might not have the enterprising spirit after all). Maybe everyone have this drive upon birth, but in some (whose parents have a business), this is nurtured.