MadameNoire Featured Video

(Wall Street Journal) — Is entrepreneurship innate or acquired?  More than half of business owners say their success comes from talents that cannot be taught or learned, according to Hiscox, a small-business insurance provider in Britain, which recently surveyed 500 small and medium enterprises to answer that question. Only 13% believe that skills they gained through education and experience were the main drivers in starting a business.  That said, almost 90% of entrepreneurs who took the survey had worked for another company before launching their own companies, and 30% had studied business and management. So how could they so easily dismiss that past experience, and say it has nothing or little to do with where they are today?  These questions were addressed last month at The Royal Institution of Great Britain where a debate, sponsored by Hiscox, was staged between Stephen Ridgway, chief executive of Virgin Atlantic Airways, and Max McKeown, a business author and strategic adviser, among others.  McKeown, supporting the nature side of the debate asked: “Who’s more likely to succeed – someone with high skill and no ambition, or no skill and high ambition? If you’re an entrepreneur, you can hire as many skilled people for your business as you want.”

Read More…

TRENDING ON MADAMENOIRE
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN