Sunday, February 25, 2007

George Washington: Entrepreneur

John Fund:
Although George Washington was born 275 years ago tomorrow, most Americans think they know a great deal about him. He led American soldiers in winning our independence from Britain. He was the nation's first president. He adorns our dollar bill and a new dollar coin. But how many people know he was also a leading businessman, probably the No. 1 whiskey producer in all of colonial America?

Indeed, Washington was a prosperous farmer and entrepreneur throughout his life. "He thought like an American businessman," says Jim Rees, the executive director of Washington's Mount Vernon estate. "He was a true disciple of the free enterprise system, and he sensed that our new system of government would encourage people to think creatively, take chances and invest."

I like that attitude.

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