October 28, 2007
The Peter Burns Entrepreneurial Phenomenon
Peter Burns Entrepreneurship in Action
Have you heard of the name Peter Burns? If you are familiar of him as one great entrepreneur, then your guess is right! Peter Burns is an acclaimed millionaire and entrepreneur who also teaches the subject Entrepreneur 101 in ASU’s Barret Honors College for over a year.
There are likewise news that circulates that he may team up with the Grand Canyon University this coming May for its launching of the College of Entrepreneurship. Asked as to why he preferred to team up with another school instead of ASU, it appears that Peter Burns first
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suggested the idea to the ASU but the school seemed uninterested. It was Grand Canyon University who took interest to launch the said proposed degree program.
It appears that Peter Burns is not at all disappointed with ASU’s decision but who knows what really plays on his own mind? He further stressed out that ASU’s decision is right. After all, he knows for a fact that it is not the sole endeavor of a business school.
Out of the reputation harnessed by Peter Burns pops up several other endeavors from other colleges to particularly enhance the students’ capacity to do business. More and more trainings and seminars on entrepreneurial management are coming out here and there in the whole of America. This only shows that the Americans have finally realized the value of molding a potential entrepreneur. And they have visualized that it may be started upon within the confines of the schools.
Imagine yourself being the boss. You control the business. Moreover, you own the business! In fact it is everybody’s dream—to be the owner of the business and to be your own boss! A lot of American people do not want to be lorded over by somebody. And throughout the crowd of college students, being one great entrepreneur is one of their wildest dreams ever.
Being an entrepreneur yourself will allow you to bring into your own pockets tons of handsome income. More than ever, incoming college students already foresee themselves as successful entrepreneurs in the future that is why when they step into the portals of the university, they often take up business-related courses as one stepping stone towards their dreams.
It is without a doubt that Peter Burns’s entrepreneurship ideas are influencing the minds of the college students. More so, the schools administrators have already awakened to this kind of scenario and benefit for their students.
So why are students more inclined into becoming successful entrepreneurs in the near future? Among the reasons are as follows:
There are several colleges that now offer programs which are related to entrepreneurship whether inside or outside of the business schools so as to achieve the goal of preparing their students in their dreams of starting their very own companies in the near future.
More and more students are getting serious with their chosen fields as inspired by personages such as Bill Gates, Walt Disney, and Michael Dell who are all successful businessmen in their own rights.
There are a lot of people who are surrounded by family members who are business owners themselves therefore all the more motivating them to become one.
The students of today’s generation are more conscious that wealth can only be gained if you know how to work with investments and profits.
They are likewise very much aware that with only a little capital, business can already be put up and just to be expanded when the fruits seem to be advantageous.
To date, the number of enrollees in entrepreneurial degrees is escalating and is foreseen to still commit to a higher growth in the coming years. When asked about the factors that influence them to become entrepreneurs, students make mention of their parents, relatives, idols, and mentors. That is why in these days, it is no longer a shocking news to know that students immediately start building their own companies right after graduation. Some of them even team up with pals and former classmates in getting on with the business.
The education about entrepreneurship that is inculcated into the young minds of the students motivate them to always strive for the best and be open to all the angles and possibilities of the business industry.
How Peter Burns Inspires Entrepreneurs All Over the World
The story of entrepreneur Peter Burns is a remarkable example of how entrepreneurship works. You see, many people nowadays think that you need to finish a degree in order to become successful. What they fail to realize is that the richest man in the world, Bill Gates, was a college dropout.
Of course, education is very important in the development of a person. It can help you get a great job and a high salary. However, there comes a time in a person's life when he or she has to make a choice. Entrepreneurs often face this decision in life. They encounter great ideas, but they are faced with the choice of risking it all for their great idea or ignoring the urge and continuing on a safe path.
Peter Burns discovered entrepreneurship while he was on his first year in college. He enrolled entrepreneurship at the University of Virginia. Entrepreneurship classes are supposed to encourage the growth of the entrepreneur in you.
The course sure gave life to the entrepreneur in Peter Burns. One assignment that they always give you in entrepreneurship classes is to seek out a potential business and try to form a feasible plan.
This assignment is actually supposed to train your entrepreneurial instincts and allow you to closely observe your environment for any opportunities. Peter Burns, future entrepreneur, thought of doing a business plan on renting mopeds at US vacation spots.
Peter Burns' instructor found the plan simply brilliant and encouraged him to try it out during the summer vacation. Now, many people do not realize the effect entrepreneurship can have on the college student.
You see, even in the world today, college students aren't so sure that their parents' advice about getting a degree actually holds water. When you take a look around you, you'll probably see a lot of people with all sorts of initials and letters after their name suffer the world of unemployment.
You see, we live in a world where connections often matter more than degrees. This world really does not allow employees to rise to the level of success. We live in a nation where the word "employment" means that you're underpaid, overworked, and you work under a person who is always dumber than you.
Kids hear their parents complain about their work all of the time, so why should they believe them when they say that getting an education is the key to a great future? These are the thoughts that enter a young person's mind when they think about their futures.
Now, Peter Burns became an entrepreneur at the encouragement of his teacher. He tried out the business he presented and found that it was actually quite profitable for him. Plus, he was doing what he loved. He was his own boss. What more can a 19 year old ask for?
You see, in the four months of summer vacation, young entrepreneur Peter Burns was able to make 50 thousand dollars.
When you think about it, minimum wage just seems so lame compared to that figure, right? So, young entrepreneur called up his instructor and said the inevitable: he already got started on his road to successful entrepreneurship.
Of course, tourist season was soon over and Peter Burns had to find more customers. He took his business on the road. He started traveling to different tourist spots to find more customers. He had a pretty clear view of his target market. He went to places with plenty of scenery, a long tourist season, and slow traffic. These, according to him, are the best conditions for moped rentals.
Now, the business of Peter Burns has grown to a point where he actually franchises. It just goes to show you that there are things you can learn about business outside school. In fact, entrepreneur Peter Burns' rentals now gross over 1 million dollars a year. You want to hear the good part? It's all in cash.
The success story of entrepreneur Peter Burns doesn't stop there, of course. He may now be thinking about real estate holdings. This just tells you how sheer talent can really compensate for a college degree. Peter Burns got to this point in life all because he made a choice and stuck with it.
