Dentists are classic entrepreneurs — they seek to better themselves through education, and take economic risks (the cost of education, the cost of opening and managing a dental practice) in pursuit of a better life for themselves and their families.
According to American Enterprise Institute President Arthur Brooks, “Earned success gives people a sense of meaning about their lives.”
Moreover, by succeeding as entrepreneurs, Dentists keep alive the American Dream that others may likewise create a better life for themselves, if they too elect to take advantage of the opportunities that exist.
The recent marriage of Prince William to Catherine Middleton, child of two employees-turned-entrepreneurs, broke tradition in Great Britain and brought attention to the value of entrepreneurism.
“The Middletons symbolize the opportunity that exists in a free-market system for those who take advantage of it. It is worth noting that they founded (their business) during the Thatcher era, when the Conservative government focused on lifting barriers to entrepreneurs through lower taxation, less regulation , and privatization,” writes John Berlau, a director at the Competitive Enterprise Institute in Washington, D.C.
The idea of ordinary people building successful businesses — a concept often called the ‘American Dream’ — is now realized in certain British TV programs.
One study of thousands of British employees revealed that the workers’ perception of happiness actually rose as their demographic group’s average income increases relative to their own. It was the opportunity to advance that mattered.
When William and Kate said ‘I do,’ the royal family of Britain “officially wed the dreams and aspirations of millions of entrepreneurs in the UK, the U.S., and throughout the world” . . . and maybe some dentists too.
For more on this story see: The Entrepreneurs’ Princess