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8 May, 2015 - 10:28

Entrepreneurial talent or entrepreneurship, is the ability of a business owner (or business organizer) to put together all the necessary resources to make the production of goods or services possible. The compensation of entrepreneurial talent is profit.

The United States is blessed with an entrepreneurial population. Approximately half a million businesses are formed every year. Unfortunately, the great majority fail the first year. Indeed, entrepreneurs have to take a big risk. But, the one who succeeds may one day own a major corporation.