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1. Entrepreneurs accelerate economic growth. Creating new products and services stimulates employment and accelerates economic development. A large number of ...

That doesn’t mean that being a small business owner doesn’t take the same guts and stick-to-it attitude of being an entrepreneur or have the same rewards. You do the work and you’re paid for the work you do. The not-so-subtle difference might be that small businesses owners will reach a point of “enough,” but entrepreneurs never reach that point. Many of the new technologies and services created through entrepreneurship are created to improve lifestyle. That idea likely went through numerous iterations and that entrepreneur likely heard the word “no” more than once. It’s great to have a cheerleader in your corner, but at the end of the day, you have to believe in yourself to make it happen. Another trait common to entrepreneurs is their confidence – they tend to be more decisive (a huge leadership quality) and they deeply believe in their vision. Entrepreneurs are a vital part of keeping the economy turning. But you must be “on.” Entrepreneurs are always in-tune with what is going on around them – how can their idea succeed while they make money in the process? Businesses with fewer than 10 employees account for 78.5% of the businesses in the U.S. Solving problems that existing products or services have not solved is the cornerstone of entrepreneurship. They are the fabric of the global economy.