- Andrew Carnegie – Built up a steel business in the late 1800s that became a monopoly. Was also known for his philanthropy (charity).
- Thomas Edison – An inventor who made a business out of creating a large number of innovative new products such as the light bulb and the phonograph.
- Henry Ford – Began the Ford Motor Company. He made cars affordable to the average person by building cars in high volume for the first time.
- Bill Gates – Co-founder and leader of the software company Microsoft.
- Walt Disney – Began Walt Disney Studios creating the first feature length animated movies such as Snow White. Also, built the theme park Disneyland.
- Milton Hershey – Started the Hershey chocolate company and founded Hershey, Pennsylvania. He made chocolate affordable for the average person by producing good tasting chocolate in large volume.
- Steve Jobs – Co-founder of Apple Computer. Helped to revive Apple with the iPod and iPhone. Also helped to found the computer animation company Pixar.
- John D. Rockefeller – Formed the Standard Oil Company and became the richest man in history.
- Martha Stewart – Created her own famous brand of products through cook books and TV shows.
- Levi Strauss – A successful merchant in San Francisco during the California Gold Rush who manufactured the first blue jeans and started Levi Strauss & Co.
- Sam Walton – Founder of the retail store chain Walmart who brought discount prices and large stores to rural
- Oprah Winfrey – TV talk show host and actress who created an entertainment empire including her own magazine and TV network.
What does it take to be a successful entrepreneur?
Anyone can become an entrepreneur, but what makes an entrepreneur successful? While each one is very unique in their own way, many successful entrepreneurs have similar characteristics:
- Hard work – Most entrepreneurs are hard workers. They get up early and work hard all day. When the business is first starting, they work long hours for little or no pay.
- Risk taking – Starting a new business can be very risky. Most entrepreneurs take a great risk when they first start out, giving up a secure job and putting their personal finances on the line.
- Innovative – Entrepreneurs are generally innovative. They have new ideas and are willing to try new things.
- Willing to fail – If you read above, you will find that many of these famous entrepreneurs actually failed before they were successful. They learned from their mistakes and used them to improve their business.
- Leaders – Many entrepreneurs are good leaders. They are able to gather talented people around them who help them to succeed.
- Competitive – Entrepreneurs want to win. They are willing to take risk and work hard to get to the