From the wheel to the commercial jet, and the taco to the microchip, radical inventions by brilliant minds have shaped the way we live today, along with our future. Since its inauguration in 2010, National Entrepreneur’s Day is an annual event that honors those men and women who have built an empire from absolutely nothing, most of them becoming rather wealthy in the process as well. Supporters of National Entrepreneurs’ Day started a campaign for the holiday official through legislation. It is informally celebrated every year on the third Tuesday in Nov.
National Entrepreneur's Day - History
November declared as National Entrepreneurship Month
President Barack Obama declared November as National Entrepreneurship Month.
Debut of Television Show, Shark Tank
Aspiring entrepreneurs present their business ideas to top line investors at a chance to receive a stake.
French economist coins the term Entrepreneur
Jean-Baptiste Say said, “The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.”
National Entrepreneur's Day Activities
1. Check out an event highlighting local business owners
Attending local markets, pop-up shops or industry events are a great way to get in touch with what’s developing in your city. Not to mention, it’s a fun way to network.
2. Bring your idea to life
Thinking of a possible business idea? Start researching competing companies or similar businesses in your city and test out the possibility. You never know if you don’t try…
3. Give a shout-out on social media
Whether you know an entrepreneur and want to celebrate their accomplishments or admire an industry leader for their work – help spread the word about National Entrepreneur Day and why it’s a day we all can celebrate.
Why We Love National Entrepreneur's Day
A. It creates jobs
The more the merrier when it comes to employment, and as more small businesses form, more jobs become available.
B. It heals the economy
Entrepreneurs pay tax on sold goods, employees, and imported goods. Tax revenue = more funding for the land of opportunity and its American people.
C. It encourages creative problem solving
Entrepreneurship sparks creative innovation to improve the quality of an existing service or product, or invent something entirely new. Either way – the result serves the greater good of consumers and the marketplace.