If you’ve studied economics, you might have learned that there are four basic types of resources.
These are: land (which encompasses all natural resources), capital (meaning tools and machinery), labor (people) and entrepreneurship. Yes, that last one means business owners who take a risk to start and grow a business. This may even be you!
Entrepreneurs do wonderful things for our economy. They take initiative (read: risks) to create and sustain businesses that produce goods and services for the rest of us.
They create new goods and services that help us all now and in the future. They create jobs. They change the way society looks at solving problems.
Sometimes they create and foster positive social change. In short, we couldn’t exist without the entrepreneurs among us.
In September 2015, the United Nations adopted a list of 17 Sustainable Development Goals (http://sustainabledevelopment.un.org/topics) that start with “No Poverty” and “Zero Hunger.”
Right in the middle of the pack is goal No. 8, which is “Decent Work and Economic Growth.” The description reads: “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”
Guess who is going to step up to the plate and get that done? Entrepreneurs, of course!
If you are one of these important people, then pat yourself on the back. And if you know someone else who is, give them a shout-out and thank them for their work. We all depend on them.