Foster your own entrepreneurial spirit

By Tosin 'Badeniyi, PhD
- July 13, 2023

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Pomp recently highlighted a profound sentiment: “By establishing a company that enhances the lives of our fellow citizens, we can express our gratitude towards America for the abundance and opportunities it has bestowed upon us.” This statement strongly resonates with the following statistics: In the United States, entrepreneurs comprise 16% of the adult workforce, which amounts to an impressive 31 million individuals. Moreover, on a global scale, there are an astounding 582 million reported entrepreneurs. Astonishingly, approximately 55% of adults in the United States have embarked on their entrepreneurial journey at some point in their lives. These statistics indicate that a substantial portion of American adults possess the mindset of entrepreneurs and investors. By embracing this mindset and its associated principles, we aim to foster our own entrepreneurial spirit and ensure that we contribute to the ongoing growth and prosperity of both ourselves and our fellow citizens.

Tosin 'Badeniyi, PhD

Tosin ‘Badeniyi, a Professor at the Department of Biotechnology and Food Science at Durban University of Technology, South Africa, holds a doctoral degree in Food Science from University of Pretoria South Africa. Since 2001, he has conducted research and lectured internationally in the area of food quality and safety. He is the editor of Food Science and Technology: Trends and Future Prospects and has published numerous scientific publications as well as four inspirational books.