As an Entrepreneur, Allen capitalized on the situation at hand, but I don't think he acted out of entrepreneurship. His contributions to society were more than just a place for black workers to stay, they were peace of mind.
Monday, February 9, 2015
2/5/15 Portland Black History Month: Entrepreneurship
For my black Portland entrepreneur I picked W.D. Allen. In 1906 Allen opened the Golden West Hotel. Around this time, the transcontinental railroad was completed, the Union Station opened, and the Lewis and Clark Centennial Fair was happening, which meant that the economy was doing great. The hotel's purpose was to provide a place for black workers to stay if they weren't being allowed to stay at the hotels in Portland. Along with being a place to sleep at night, the Golden West Hotel also offered "all the conveniences of home", giving residents a place to get a haircut and shave, and ice ream parlor, and athletic club, and a candy store.
As an Entrepreneur, Allen capitalized on the situation at hand, but I don't think he acted out of entrepreneurship. His contributions to society were more than just a place for black workers to stay, they were peace of mind.
As an Entrepreneur, Allen capitalized on the situation at hand, but I don't think he acted out of entrepreneurship. His contributions to society were more than just a place for black workers to stay, they were peace of mind.
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What do you mean you don't think he "acted out of entrepreneurship?" Did you mean that you don't think his motivations were strictly economic?
ReplyDeleteDefinition of entrepreneurship:
Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human capital and other required resources, and is fully responsible for its success or failure.