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In The Know Views 18K Year ago At just 13-years-old, Trey Brown is a self-made entrepreneur and budding fashion designer.
Taking the risk to start a business is much harder when there is no floor to living standards. Gutting unions, public college funding, and the welfare state has resulted in lower rates of business formation, increasing monopolistic consolidation and more inequality. We are all worse off for it. ht tps Key points(the whole thing is a must-read however): The secret sauce to being a successful entrepreneur is apparently coming from a family with money. Quartz reported that when a person has more cash on hand, they're able to take the risks needed to kickstart a business. And this is a key advantage: When basic needs are met, it's easier to be creative; when you know you have a safety net, you are more willing to take risks. "Many other researchers have replicated the finding that entrepreneurship is more about cash than dash, " University of Warwick professor Andrew Oswald tells Quartz. "Genes probably matter, as in most things in life, but not much. " A 2013 research paper cited by the publication also found that shared traits among entrepreneurs included being white, male and well-educated.
The campus would include an administration building, a central library, conference centers, buildings for 15 academic faculties, several laboratories and a 700-bed hospital equipped with state-of-the-art facilities. "Some areas in the campus would be allocated for research in nanotechnology, bio-sciences and information technology in collaboration with the King Abdulaziz City for Science and Technology, " he said. He added that the campus, spread over eight million sq. meters, would also include housing for university staff, mosques, a school, a kindergarten and exclusive amusement centers for families and students. "In line with the king's directions, the university would have a high-tech transport system with automatic and computer-controlled vehicles linking all important facilities at the campus round the clock, " the finance minister said. He said the university's design is environment-friendly. Al-Anqari expressed his deep gratitude to King Abdullah for launching the project. "The king's presence here shows his generous support for women empowerment in Saudi Arabia and his keen desire to promote higher education, " he said.