CEO Brandon Frere Asks: Are Individuals Born or Raised to Be Entrepreneurs?

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Oct 02, 2018, 05:00 ET

PETALUMA, Calif., Oct. 2, 2018 /PRNewswire/ -- Recent research suggests there may be a number of factors that contribute to who becomes an entrepreneur. For example, 78 percent moved at least once or twice while growing up and 63 percent had a close relationship with someone who owned their own business. Though these factors don't determine if someone becomes an entrepreneur, they do suggest that some people may be shaped by family and circumstances into becoming entrepreneurs. Brandon Frere, CEO of Frere Enterprises and other ventures, knows that not every entrepreneur is born to be a business leader.

"There is a wide range of entrepreneurs - from people who have literally been selling stuff to make money since they were little kids to those who start a business slowly after a lot of experience and planning finally give them the comfort they need to make the move," said Frere.

It is interesting that so many entrepreneurs moved while growing up. Though moving can be highly disruptive for children, it can also be beneficial later in life. As adults, many consider that moving as a child gave a stronger sense of self, better social skills, less attachment to material things, fearlessness about travel, resilience and flexibility.

Similarly, it is impossible to overlook the role of mentors since most entrepreneurs have a close connection with someone who owned a business. That means that many were handed an informal blueprint for entrepreneurship before they were aware they were even being taught the independence and confidence to dream and build.

Eight percent of entrepreneurs started their first business by age 10. Whether selling candy bars or lemonade, some entrepreneurs saw opportunity on the playground or at home and seemed to be unalterably attracted to the challenge. Another 26 percent said that their parents helped them with their first business plan. This points to the support that some entrepreneurs need to get started and how family experience might encourage some people to become entrepreneurs.

"I am guessing there are as many reasons to become an entrepreneur as there are entrepreneurs," said Frere. "Some are born to become business leaders with a high tolerance for risk and some are more risk-averse, making their way wisely and methodically to entrepreneurship."

About Brandon Frere

Brandon Frere is an entrepreneur and businessman who lives in Sonoma County, California. He has designed and created multiple companies to meet the ever-demanding needs of businesses and consumers alike. His website, www.BrandonFrere.com, is used as a means of communicating many of the lessons, fundamentals and information that he has learned throughout his extensive business and personal endeavors, most recently in advocating on behalf of student loan borrowers nationwide.

As experienced during his own student loan repayment, Mr. Frere found out how difficult it can be to work with federally contracted student loan servicers and the repayment programs designed to help borrowers. Through those efforts, he gained an insider's look into the repayment process and the motivations behind the inflating student loan debt bubble. His knowledge of the often confusing landscape of student loan repayment became a vital theme in his future endeavors, and he now uses those experiences to help guide others through the daunting process of applying for available federal repayment and loan forgiveness programs.

BrandonFrere.com

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SOURCE Brandon Frere