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As the old adage goes, it takes a village to raise a child. Becoming an entrepreneur isn't much different as special circumstances need to happen between an entrepreneur and their contract with society. It's odd in today's times to think that the entrepreneurial class was once looked down upon in society, as it has now taken a special place in the growth of the modern global marketplace. The question is: how are entrepreneurs made? A series of historical accidents kept changing the way innovation works.  This concept has been well laid out in a book by Economist Art Carden and Deirdre Nansen McCloskey by the name of: Leave Me Alone and I'll Make You Rich: How the Bourgeois Deal Enriched the World.

This contract with society – the Bourgeois deal – recognizes our ability and right to self-author and does not ask for permission from the elites.  It also extends liberty and dignity for everyone, while at the same time empowers and levels the playing field for women and minority groups to innovate.

Take a look at a visual deep dive explaining the contract with society that entrepreneurs have and how to become and entrepreneur below:

Becoming An Entrepreneur
Source: EdSmart.org

NowSourcing

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

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NowSourcing

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

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