Entrepreneurship: Inspiring More Women and Minorities
Forbes Contributor, Derek Lidow, suggests that for the future of our economy we need more entrepreneurs especially when in recent years entrepreneurship has been in decline. Lidow goes on to claim that the mislabeling of “born entrepreneurs” can be particularly discouraging to women and minorities who may feel they will not succeed in their ventures if not labeled as such. Data shows that there are no “heritable traits that confer meaningfully better chances of succeeding as an entrepreneur,” rather strong personal motivations of the individual coupled with their particular skill sets are more closely related to positive entrepreneurial outcomes. Therefore, both women and minorities can be inspired to create a start-up, in any field, with the eradication of the “born entrepreneur” myth.