Chapter 2

DEVELOPING ENTREPRENEURIAL LEADERSHIP SKILLS

Thomas Alva Edison held 1,093 patents over his life time, having at least one new patent every year for sixty-five consecutive years. Best known for inventing the phonograph and motion picture camera and successfully commercializing electric lighting, he symbolizes the relentless pursuit of innovation and continuous improvement. “I can never pick up a thing without wishing to improve it,” he once remarked.1 While Edison is unique in his accomplishments, enterprising families try to imbue his mind-set of ceaseless fine-tuning and ability to inspire others in every family member. Each generation views itself as the family steward responsible for building on the legacy of its predecessors. Continuous ...

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