1. Home
  2. Business & Finance
  3. Small Business Information
photo of Darrell Zahorsky
Darrell's Small Business Info Blog

By Darrell Zahorsky, About.com Guide to Small Business Info since 2002

Success Secret From America's Original Entrepreneur

Tuesday July 1, 2008
 VisionsofAmerica/Joe Sohm /Getty ImagesOn July 4th, 1776, Benjamin Franklin was one of the group of politicians and business men who signed the Declaration of Independence. Franklin is America's original entrepreneur and inventor. He created many worthwhile products, including: bifocals, an odometer, the lightning rod, and the wood stove.

Beneath Franklin's successes lies the principle of peer advisory groups. Franklin understood the power of a small group of people dedicated to providing each other support and ideas for advancement. His regular meetings with a group of 12 members played a role in his great achievements.

Today, groups of small business owners from diverse industries meet monthly to solve problems, share best practices and offer each other peer support. Centuries later, the success principles of America's first entrepreneur still stands ever present.

Comments
July 3, 2008 at 10:54 am
(1) Raja Kamil says:

First of all, I would like to thanks for this great articles.
But, there is one thing I would like to ask you, I believe, the entrepreneur was started a long time ago at America. But, is there any prove that, Mr. Franklin was among the first? Who else, with him at his gold time? Tq

http://belajarseo.rajakamil.com

July 6, 2008 at 10:18 am
(2) Frank Froggatt says:

Benjamin Franklin may not have been the first entrepreneur but his inventions are certainly the most well known. Without the help from his peer groups though I don’t believe he would have gotten anywhere. We all need support of one kind or another in our business ventures.

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

Explore Small Business Information
About.com Special Features

Start your new business on the right foot with these helpful tips. More >

Easy steps to take control of your credit card debt. More >

  1. Home
  2. Business & Finance
  3. Small Business Information

©2009 About.com, a part of The New York Times Company.

All rights reserved.