Whenever we look around in society today we see the importance of the entrepreneur. In many countries, the entrepreneur is revered as a disruptor, visionary, risk taker or a contrarian; many of whom have become household names such as Henry Ford, Steve Jobs, Mark Zuckerberg, Oprah Winfrey and the list goes on. The entrepreneur has also attained a seat at the policy maker’s table allowing the former to help influence policy in order to increase the rate of startups. But, the entrepreneur also lives a life fraught with risk, uncertainty, booms and busts and myriad of other factors that could lead to the destruction of his/her business.
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To read the original article: Entrepreneurship and Culture | Boston University Undergraduate Economics Association