(left photo) Bill Gates (bottom left) and Paul Allen (bottom right) with the Microsoft team in December 1978. The company, then almost 4 years old, had annual revenue of $1.4 million. For the fiscal year ended June 30, 2009, Microsoft's annual revenue was $58.4 billion and it had 95,736 employees.
Warren Buffett speaks to the media with Bill and Melinda Gates June 26, 2006 at a news conference where Buffett spoke about his financial gift to the Bill and Melinda Gates Foundation in New York City. Buffett, ranked as the second-richest man in the world-just behind Bill Gates, said his $31 billion of Class B shares of Berkshire Hathaway stock, will go to the foundation where it will be put to use in work with health and education programs in underprivileged countries. (Source: (left photo): Courtesy Microsoft; (right photo) Spencer Platt/Getty Images, Inc.)
This is the entrepreneurial age. More than 500 million persons worldwide either were actively involved in trying to start a new venture or were owner-managers of a new business in 2010. 
 This chapter is written by William D. Bygrave.
More than fifteen hundred new businesses are born every hour of every working day in the United States. Entrepreneurs are driving a revolution that is transforming and renewing economies worldwide. Entrepreneurship is the essence of free enterprise because ...