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by johnfuller 4833 days ago
An important item this article is missing is their definition of entrepreneur.

In the Philippines in the area I live I can reach a dozen stores within a 5 minute walk. These are stores people run out of their homes. They generally have a room with a barred window where people can walk up and buy basic goods.

Downtown, every parking area has numerous people who will park your scooter and they work off tips. Kids go from bar to bar selling peanuts. Vendors walk around selling fake viagra and cheap watches. People setup make-shift food carts in areas which are heavily trafficked.

Most of these people are working without any sort of license. They are hustlers doing what they need to do to get by. That's my definition of entrepreneur. If you were to survey these people using the same questions the article used, then they would get very different responses.

1 comments

hustler!=entrepeneur, although I am sure it increases the chance of them becoming a successful one.