Right On Business

Values and Ownership—The Changing Motivations of Entrepreneurs

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Over the last 100 years, the motivations of entrepreneurs have changed immensely. Historically, the idea of starting and owning your own business was rooted in a desire to provide for their family now and for generations to come. Today, many entrepreneurs hope to secure a rapid exit at a generous multiple. As our society and economy has evolved, however, so too have the motivations of entrepreneurs—along with the types of companies they want to start. In this episode, we discuss these changes and their impact on American values and economic well-being. As with many things, these changes are neither good nor bad, but they are impactful and meaningful. They reveal an evolving worldview and demonstrate that our values have a profound impact on the future of our country.