In the 1800’s, America experienced an Industrial Revolution and a boom in immigration, inventions and entrepreneuralship. Immigration, immigrants, and entrepreneuralship are all very closely related. Entrepreneurs throughout history have had several characteristics in common. First, they were given an opportunity that led to hard work, which led to innovation, which led to vision. What drove immigrants to come to America? They saw opportunity. And almost more than the Americans already living in America, they seized the opportunity. They were hard working and innovative. Not surprisingly, immigrants started many successful businesses that are still around even today. They are some of the best examples of entrepreneurs in America.
…show more content…
No other country has ever been or will be like America. Land, freedom, and the fresh start of moving to America garnered multitudes of immigrants. America was and continues to be a beacon of hope to people who struggle to live in their mother country. Thus, when immigrants came to America, they were extremely thankful for this new opportunity and did not take it for granted. For once, race, background, income, and status did not matter when it came to the availability of opportunity to Americans. As long as they were willing to work, money and promotions were inevitably headed their way at some point in time. These new opportunities led them to be extremely hard workers. Because they excelled at whatever task they were put to work at, they often got promoted to higher and higher positions. This, in turn, led to more opportunities and doors opened that led to being able to create businesses of their own. Carnegie is an excellent example of this. He worked as a conductor on the railroad, and then became a telegraph operator for Thomas Scott. He learned the details of managing people and business tactics, and “when Scott was promoted, Carnagie took over his district supervisor …show more content…
Being able to accurately predict needs of the American people and provide those products cheaply at just the right time proved to be an immense asset to them. They were always a step ahead of their competitors. “Seeng the railroads firsthand convinced Carnagie that the next boom would occur in the industry that supplied their bridges, leading him to found the Keystone Bridge Company (1865); he then took the next logical step of suplying iron to the bridge company through a small ironworks.” By the time other companies got around to providing the product in want, these men had already solidified their sale of the product to America and were growing richer by the minute. Another example of this is John Rockefeller and his Standard Oil Kerosene. He saw the need for purified, clean, safe source of Kerosene for people to use and he had acess to vast amounts of oil. He found a way to refine it, he gave it a label and proved it was a safe to
No other country has ever been or will be like America. Land, freedom, and the fresh start of moving to America garnered multitudes of immigrants. America was and continues to be a beacon of hope to people who struggle to live in their mother country. Thus, when immigrants came to America, they were extremely thankful for this new opportunity and did not take it for granted. For once, race, background, income, and status did not matter when it came to the availability of opportunity to Americans. As long as they were willing to work, money and promotions were inevitably headed their way at some point in time. These new opportunities led them to be extremely hard workers. Because they excelled at whatever task they were put to work at, they often got promoted to higher and higher positions. This, in turn, led to more opportunities and doors opened that led to being able to create businesses of their own. Carnegie is an excellent example of this. He worked as a conductor on the railroad, and then became a telegraph operator for Thomas Scott. He learned the details of managing people and business tactics, and “when Scott was promoted, Carnagie took over his district supervisor …show more content…
Being able to accurately predict needs of the American people and provide those products cheaply at just the right time proved to be an immense asset to them. They were always a step ahead of their competitors. “Seeng the railroads firsthand convinced Carnagie that the next boom would occur in the industry that supplied their bridges, leading him to found the Keystone Bridge Company (1865); he then took the next logical step of suplying iron to the bridge company through a small ironworks.” By the time other companies got around to providing the product in want, these men had already solidified their sale of the product to America and were growing richer by the minute. Another example of this is John Rockefeller and his Standard Oil Kerosene. He saw the need for purified, clean, safe source of Kerosene for people to use and he had acess to vast amounts of oil. He found a way to refine it, he gave it a label and proved it was a safe to