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Entrepreneurs are they born or made, I don’t know but as I started doing this paper I had that thought. Webster's definition of entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise. For myself being a young African American male in a comparative light there seems to be significant problems, or obstacles, to becoming entrepreneur. These problems are categorized by environmental factors, opportunity factors, and issues related to capital. The purpose of this paper is to establish what makes a successful entrepreneur and what steps are used to becoming an entrepreneur. Taking North America as an example, the number of people who are self-employed (Entrepreneurs), as well as the percentage of all workers who are self-employed, has continued to rise over the past several years. In addition, the number of women and minorities who are self-employed has risen steadily. For example, in 1993, women made up about one third of the self-employed workers. Self-employed individuals tend to be older than salaried employees --the median age for self-employed individuals is about 44 years as opposed to 37 years for salaried employees. In addition, the number of entrepreneurs divided by all workers increases with age and is the highest for both men and women. I want my own. I don’t think anyone, at one time or another, hasn’t felt like they wanted to own their own business. No matter how well you like what you’re doing and who you work for, there is nothing like being your own boss. How do you set yourself up to become your own boss? Do you have what it takes to become an entrepreneur to start and run your own business? I think it can be easier than you think: if you have the right attitude and structure in your life, you can do it. The first thing you have to do to become an entrepreneur is to think like one. You have to believe in yourself, set goals and put your plans into action. Thinking that you can’t do something will have you not doing it. You have to know what you want and believe you can get it. Having feelings that things might not happen or you can't succeed will be your downfall in becoming an entrepreneur. When you start and run your own business, you can't have any negative thoughts. Remember, you are responsible for every part of your business and no one else is around to motivate you. Your inspiration is what will carry you and any other people that work for you. Setting goals for your business and putting those goals into action is what will make you start living your dreams of being an entrepreneur. Whatever type of business you decide that you want to start, you have to have a game plan. Have a business plan so you can start off right in setting up your company and knowing which way you want to go in the future.
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