Families full of entrepreneurs are not uncommon to find (think the Waltons and Vanderbilts). Though many deem it difficult to engage in business with one’s family, these entrepreneurs did not think twice. Is this because entrepreneurship is in their genes, or because it was expected of them or perhaps a little of both?
The oft-argued question of whether entrepreneurs are born or made is now under scientific scrutiny. The Wall Street Journal recently posted an article about whether or not entrepreneurship lies in blood. Scoot Shane, a professor of entrepreneurship at Case Western Reserve University and author of the new book Born Entrepreneur, Born Leader : How Your Genes Affect Your Work Life, says entrepreneurial prowess may have as much to do with nature as nurture.
Scott believes “a third to 40 percent of the tendency to be an entrepreneur is innate.” This is an easy idea to conceive, considering the genomes of each individual alive consists of varying traits. Greg Watson, a professor and retired private serial entrepreneur, has attempted to break down the DNA of the prototypic entrepreneur and the characteristics that person will possess in his article DNA of Entrepreneur.
With genetic engineering supposedly on the horizon, it is a possibility it will no longer matter what the parents’ DNA yields, they will have the ability to choose their offspring’s genes. Will this mean an increase or decrease of our future entrepreneurs? To keep the entrepreneurial fire burning, fuel a child’s desire to get involved in business early by stoking their curiosity in simple, engaging, creative, and safe ways with Kidspreneur, a book that outlines some basic tools and strategies that kids can use to gain valuable experience in starting, managing, and growing a successful business venture.
Credit : Young Entrepreneur
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