Entrepreneurship

Capitalism is the foundation of our nation, and America was built by entrepreneurs. We’re not talking about investing; that’s a passive activity (because you’re not involved in operating the enterprise). Rather, we’re referring to you starting and operating a business. You can do it full-time or as a part-time gig. Unlike hobbies, where the primary goal is fun, entrepreneurs primarily seek profit. 

As well they should. Starting a business requires a substantial amount of time, money and skill – and most businesses fail for lack of one or more of these requirements. Those who want to maximize their financial potential are right to consider entrepreneurship – and more than 10% of the workforce, or 17 million people, are self-employed – but it’s equally important to consider the risks of embarking on such a path.