Thursday, April 28, 2011

The Entrepreneurs’ Daughter - In Charge - WSJ

Those of us here at ‘In Charge’ are delighted that the next Queen of England hails from entrepreneurial parents, as highlighted in today’s Opinion piece, “The Entrepreneurs’ Princess,” by John Berlau.

In 1987, Kate Middleton’s mother, Carol, then a stay-at-home mom, started a party-products company after she couldn’t find simple, fun items for her children’s parties. (Read the full story on Party Pieces’ website.) The family business grew into a multimillion-dollar success story… and fueled the family’s ability to send Kate and her siblings to elite educational institutions. Kate met Prince William at St. Andrews University, where both were students.

We often note the rewards of entrepreneurship — both financial and personal — in our coverage of small-business owners. (Making enough money to send your child to a prestigious school where she can meet the Prince isn’t typically one of them.) But we appreciate the endless possibilities that seem to accompany entrepreneurship. Starting a company and building it to great heights, after all, is the essence of the American Dream. No matter that Kate’s parents are British. The idea of achieving more than one could possibly imagine through enterprising efforts is the point.

Today’s article suggests that the royal family could utilize the Middleton family’s background to spread and encourage entrepreneurship. That’s something to be thinking about tomorrow – when this blogger (and possibly many of you) will be up at dawn to watch the royal nuptials.  As Berlau wrote in his piece: “When this couple says their ‘I dos,’ the royal family will officially be wed to the dreams and aspirations of millions of entrepreneurs in the United Kingdom and throughout the world.”

Cool.

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