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Wayne State University

Aim Higher

Feb 21 / du1263

Scratch Your Entrepreneurial Itch

By Paul Kedrosky, Senior Fellow, Kauffman Foundation

One of the most remarkable things about entrepreneurship is that it is intrinsically democratic. And most of economic life is the opposite.

There is nothing democratic about being the CEO of Goldman Sachs, or of General Electric. Those positions don’t come on a vote to people who read about them and really, really want them. Similarly, having heard that McKinsey consultants are highly paid, we don’t get to say, “Hey, pick me” with any real expectation of getting the gig.

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