Entrepreneur is a term widely used these days – but what does it really mean and what does it actually take to be one?
In an economy where college loans can cripple a person’s future, and where industries can collapse almost over night due to technology advances, the traditional ways of earning a living have become less applicable and harder to achieve.
Few people, if anyone, will work at one company for their "life”. Most people will have several “careers” between their teens and seventies. How do young people, middle-aged and older generations face these realities.
The answer increasingly points people toward the wonderful world of entrepreneurship. But how realistic is that?
It was never Rosanna Fay’s intention to become an entrepreneur, but life brought her there when a great idea presented itself and she co-founded a business. The journey wasn’t just one of figuring out how to start a business, the very nature of the company was to change marketing, business and technology models. She learned by doing, listening, making mistakes and asking for help. And most of all, by taking huge risks – both personal and financial. In the end it paid off with a company of 100 people, revenues of $40M and most importantly to Rosanna, a healthcare and 401K plan for all employees.
Since retiring from her company in 2011, Rosanna has explored other industries, become a published writer and dedicated herself to helping to other entrepreneurs realize their dreams – whether those dreams are by accident or design.