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Are you a Contemporary Entrepreneur?
By Brian Perkins, M.B.A.
Part 1 of 3
History of Entrepreneurship
When you think of the word
entrepreneurship
,
what comes to your mind? This is a question
to ponder because entrepreneurship could
mean different things to many people around
the world. Most people will sum up
entrepreneurship as simple as turning an idea
into a profitable business. Well, that may be
close to the target, but it is not the bull's-eye
target. In this series, I will provide an
introduction to entrepreneurship and the
characteristics of a contemporary
entrepreneur.
The history of entrepreneurship dates back to
from 1680 to 1734 in the writings of an Irish-
born banker Richard Cantillion. Mr. Cantillion
first introduced the concept of
entrepreneurship as an economic connotation
and the entrepreneur role in economic
development. Today, entrepreneurship
continues to emerge as the leading economic
force in countries around the world, and small
businesses contribute to the unparalleled rise
in entrepreneurship. However, not everyone
is cut out to be an entrepreneur. It is not
because people do not possess a dream and
vision, but contrary to what people think, the
core reason is that some people do not
understand the
concept
of entrepreneurship.
Part 2, we will discuss the core concept of
entrepreneurship
Financial Literacy and Health
By Bridge McBride, M.B.A.
Part 1 of 3
For most, money and finances have always played
either a vital or controversial role in one's
life. Several situations are stimulated by the
presence or absence of money. Money is said to be
the deciding factor in how one is treated for health
issues, judicial situations, and relationships. The
lack of money can be the stimulant for the stress
experienced in the lives of many. During the current
economic environment of job loss, increased prices,
outsourcing of jobs to other countries, lack of
manufacturing industry and loss of homes, stress is
the cause of many chronic health conditions
experienced by many people.
Stress manifests itself in many variations in one's
body. Some examples are cancer, GERD, high
blood pressure, diabetes, dementia, etc. In today's
climate, unwise financial decisions can and will
create additional stressors that affect one's
health. Not only are financial climates important to
afford adequate health care costs, foods, healthy
activities and relaxation, but it also generates peace
and wellbeing. Money, itself, is not the value for this
peace - just a tool. Do not place unnecessary
importance or value in money. There are several
with little money who possess extreme happiness
and peace. When one's environment is not
balanced, stress becomes a dominant player. When
stress overwhelms your life, many illnesses and
disorders can manifest.
Now is the time to observe one’s health and stress
levels in relations to money. How is stress impacting
your health? What are some ways to find balance?
In Part 2, we will discuss the value of investing in
a financial/wellness coach.