Social entrepreneurship is becoming more popular these days. Finally entrepreneurship is about failure. An entrepreneur as a person who is willing to fail. Fascinating but true. Think of the great success stories and the paths to success have been strewn with failure. I’m thinking of Sam Walton the founder of Wal-mart who famously had a difficult and bumpy ride to success and who is quoted to have said “Commit to your business. Believe in it more than anybody else”. Women entrepreneurs unlike a struggle before have been accepted and encouraged by extended support from the family and friends. Awareness through media and parents in today’s world wanting the best for their children, irrespective of a girl or a boy has helped in increasing numbers of women entrepreneurs. There is a segment though that is still conservative and with the way the Indians are adapting to the western culture, it is not going to be too long to overcome such social pressures.
Our insurance brokering form is going to start as a private Limited Liability Company but with a plan in the nearest future to transform in a public limited liability company so as to enable us get listed in the New York Stock Exchange. In essence, the business will be financed by Dr. Wilcox Carrington, Mrs. Ruth Ferguson and other members of the partnership. Michelacci and Schivardi 156 are a pair of researchers who believe that identifying and comparing the relationships business management between an entrepreneur’s earnings and education level would determine the rate and level of success. Their study focused on two education levels, college degree and post-graduate degree. While Michelacci and Schivardi do not specifically determine characteristics or traits for successful entrepreneurs, they do believe that there is a direct relationship between education and success, noting that having a college knowledge does contribute to advancement in the workforce.