Benjamin Franklin as a business entrepreneur

These legend entrepreneurs include Benjamin Franklin, King Croesus, P. T Barnum, Thomas Edison, and others. These legend business people made significant contributions to the modern entrepreneurship. This paper considers Benjamin Franklin as the legend entrepreneur. Benjamin Franklin is an American founding father of the global business, and he is the first American entrepreneur. If he could not employ the best managerial economics, his enterprises could have failed (Prodan et al, 340). I consider Franklin because of his social contribution to the community. First, he formed Junto, a group of friends who met weekly to discuss on working together for the benefits of the people of Philadelphia. After some decades they established libraries, schools, hospitals, and fire brigades. Furthermore, he started some amenities and institutions in the United States of America community.