Tag Archives : entrepreneurs

Groupon founder Andrew Mason is now leading what Forbes magazine labeled “the fastest-growing company in Web history.” But as a teenage entrepreneur who sold bagels to neighbors, then candy when he found it sold better, he demonstrated a specific kind of intelligence that according to new research may be central to entrepreneurial success: practical intelligence. The research, to be published in [...]

Consider the chance of success for people who never went beyond the eighth grade, never drove a car or had electricity. That describes the simple lifestyle of the Amish people. But it turns out that they have a greater chance of success in a new business than the non-Amish. U.S. Department of Labor figures show their five-year failure rate is less than 5 percent, compared to 44 percent [...]