Personal Development/Motivational

10 Reasons Why Most Famous Entrepreneurs Are In The USA

Elon Musk

There’s a difference between famous entrepreneurs from the USA, and famous entrepreneurs in the USA.

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Here a few famous examples:

  • Elon Musk, founder of SpaceX & Tesla
    • From: South Africa

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  • Marcus Goldman, founder of Goldman Sachs
    • From: Germany
  • Sergey Brin, co-founder of Google
    • From: Russia
  • Alexander Graham Bell, founder of Bell Telephone Co. (AT&T)
    • From: Scotland
  • Pierre Omidyar, founder of eBay
    • From: France
  • Daniel Aaron, founder of Comcast
    • From: Germany
  • Jerry Yang, founder of Yahoo
    • From: Taiwan
  • William Colgate, founder of Colgate
    • From: England
  • E.I. du Pont, founder of DuPont
    • From: France
  • James L. Kraft, founder of Kraft Foods
    • From: Canada
  • Charles Pfizer, founder of Pfizer Pharmaceuticals
    • From: Germany
  • William Procter & James Gamble, founders of Procter & Gamble
    • From: England & Ireland

Here 10 reasons:

  1. The USA promotes entrepreneurship since its foundation, it’s immersed in its culture.
  2. Hard-working immigrants motivated by the “American Dream” bring their entrepreneurial passion to the USA.
  3. The USA has the right laws to facilitate entrepreneurship, making things easy for entrepreneurs to get started. Many third world countries can be more complex to start a business, just the bureaucratic struggles to make a business legal can be energy draining.
  4. The USA has the correct tax laws to promote and incentivize entrepreneurship.
  5. The USA has the right financial system to support and incentivize entrepreneurship.
  6. The USA has a legal structure to protect business owners.
  7. The USA has an abundance of money, allowing entrepreneurs to have access to much-needed resources.
  8. American people admire entrepreneurial courage, creativity, and inventiveness. They respect it and promote it.
  9. American people see failure with maturity and as a process towards success. Other cultures can be very judgmental towards failure.
  10. The American market is (mostly) an open market, meaning that anyone can enter the market to compete. Some third world countries can be protected by a few powerful individuals who can manipulate markets to their advantage, closing doors to new competitors.
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