After years of working in the construction and sales industry, Brad Blaicher became the owner of OnSite Temp Housing, Inc. After purchasing the company, he reorganized it and formed strategic partnerships. As a business owner, Brad Blaicher has transitioned from being an employee to being an entrepreneur.
Entrepreneurs comprise a segment of society that has a number of benefits for the economy and people working within it.
Entrepreneurs are catalysts for job creation. They create jobs both directly and indirectly. Direct jobs are created through the companies they own and the employees they hire. Indirect jobs are created through the influence of their companies on other firms. For example, when Brad Blaicher revitalized OnSite Temp Housing he created jobs within his company, but he also created jobs in the trailer manufacturing industry because of the demand for trailers that he purchased.
Entrepreneurs bring about improvements in products and services because building better and more efficient products and services is a requirement for business success. Better and more innovative products have a positive impact on society. A standout example is USAID’s Kenya RAPID Program, which has created an automatic water pump with a smart sensor. In areas where clean water is not easily accessible, the ability of this product to fill up water containers automatically has freed people from having to do the work manually, allowing them to spend time on more productive work.
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