Starting a business is a risky task. Entrepreneurs ar said to be risk preparers. They invest time and money to turn out and manage a business. The big risk that these entrepreneurs take on is that their business and dreams may not prove to become thriving and profitable. Businesses can also have a positive outcome. It provides population with the oppurtunity to become wealthy, for example Merrill Lynch. Entrepreneurship is the most diverse occupation. There are basketball team factors that contribute to wealth and diversity. These five factors are considered the five factors of production; 1. Land-natural resources 2. Labor- hired workers to help build the business 3. Capital- machines, tools, and building to harbor the business running 4. Entrepreneurship- entepreneurs who take the risk of starting their dream 5. Knowledge- teaching method and experience As a representative of Merrill Lynch I take pride in saying that we are one of the foundations leading financial management and advisory companies. We have offices in thirty-six countries and total client assets of approximately 1.6 trillion dollars at the end of the year 2004. We formulate our business by assisting our clients to grow theirs. In 1907 the great Charles E.

Merrill arived in New York as an entrepreneur filled with dreams and determination. He was willing to take risks and make a name for himself. He then got acquainted with Edmond C. Lynch and a great league became visible. His focus as a cistron was to consider the customers circumstances and objectives when suggesting investments. Merrill persuaded Lynch to join him and eventually on May 19, 1914 they opened their office at 7 Wall Street. Charles E. Merrill & Co. changed its name to Merrill, Lynch & Co. which demonstrated a partnership type of business. Ofcourse entrepreneurs not only become wealthy on their own, they provide employment for other people as well. With this organism said Merrill, Lynch & Co. hires... If you want to get a expert essay, order it on our website:
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