In 1998, the persona of the "entrepreneur" -- a relatively young term, coined only 150 years ago -- skyrocketed into the global consciousness. Thanks in large part to companies like Ebay and Yahoo!, kids that previously would have aspired to become astronauts and doctors now wanted to be Internet entrepreneurs. At the same time, thanks to countless cable-television shows, the persona of the celebrity chef and restaurant owner - or "restaurateurs," as they are called -- was likewise capturing the imagination of the American psyche. Irrespective of the industry, starting your own business was suddenly very hip.
When I was growing up, "entrepreneur" carried roughly the same connotation as "inventor." The word conjured images of your wacky uncle doing science experiments in his basement in search of a new species of peanut butter. But by the late nineties, "entrepreneur" meant millionaire and celebrity. And that meant that everyone wanted to be an entrepreneur. The problem is this: Very few people are entrepreneurs. To read the full, original article click on this link: Bo Peabody: Lucky or Smart? Chapter 2
Author: Bo Peabody