Industry Entrepreneurs

Industry Entrepreneurs book cover — CONTENTS You Can Be an Entrepreneur 4 The New Car Companies 6 Electric Car Start-Up Star Elon Musk 8 Home Factories 10 3-D Start-Up Stars Bram de Zwart and Brian Garrett 12 Tiny Technology 14 Nanotech Start-Up Star Rachel Pautler 16 We Have the Power 18 Electric Start-Up Star Elena Foukes Lucas 20 Computers and Robots 22 Robotic Start-Up Star Marc Raibert 24 Entrepreneurs Changing the World 26 Your Start-Up Story 28 Glossary 30 Learning More 31 Index 32

Industry Entrepreneurs — page 1 — YOU CAN BE AN ENTREPRENEUR In July 2017 a crowd gathered outside a risks to develop new products and start new businesses They have an original or innovative idea They then turn it into a business that supplies those goods or services Start-ups are new businesses created by entrepreneurs entrepreneurs changing the world An industry is a large group of businesses and economic activities such as buying and selling Industries make goods or provide services For example the car industry makes and sells cars The world is changing at a fast pace As new technologies are introduced industries adopt the technologies The world also faces challenges such as pollution and finding energy sources Entrepreneurs in different industries are using their skills to tackle these challenges and make a better world Tesla hopes to make its electric cars as fast reliable and affordable as regular cars factory in Fremont California They were there to watch entrepreneur Elon Musk reveal the Tesla Model 3 an electric car that could travel 220 miles 354 km when fully charged Musk had begun Tesla Motors in 2003 when he was 32 years old The Tesla was the fulfillment of his dream to change the car industry by making electric cars just as capable as gasoline-burning vehicles His achievement is a great example of how young entrepreneurs can use science and technology to build a business that can change the world Entrepreneurs and Start-Ups An entrepreneur is someone who plans starts and runs a business that provides goods or services Entrepreneurs are people who take 44

Industry Entrepreneurs — page 2 — INSPIRING STORIES Early Thinkers Young science and technology entrepreneurs have been around since the Industrial Revolution Before the beginning of the 1800s most people in Europe and North America were farmers Then the discovery of steam power made big machines and factories possible English inventor George Stephenson realized he could use a steam engine to move people and goods At the age of just 33 he created a start-up business and built the first steam locomotive Entrepreneurs of the Future New technologies are changing our world at an incredible pace and young people just like you could be the science and technology entrepreneurs of tomorrow Perhaps you and your friends will follow in the footsteps of stars such as Stephenson and Musk and go on to create exciting start-ups of your own Elon Musk pays himself a salary of just 1 per year to be CEO of Tesla Motors He makes money by owning Tesla stock which goes up in value if the company is successful The first locomotives traveled slowly but inventors kept experimenting and improving His invention helped create modern trains which brought food to cities and coal to factories This forever changed the way people lived and worked 55

1

PAGE 1 OF 29

The only kids' eBook subscription service that offers thousands of high-quality books from well known publishers like HarperCollins, National Geographic and others.

JavaScript Required

Whoops! We're sorry but Epic doesn't work properly without JavaScript enabled. Check your web browser's settings to make sure it's enabled.