Reagan Wireless specializes in cell phone recycling and other forms of electronic re-purposing (eCycling).
The definition of an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” By this definition, the training and education associated with becoming a member of the legal profession is a perfect fit. A lawyer has to be organized, and they often take on greater-than-
A trained and qualified lawyer has other attributes that are well-suited for a career in business. During his or her time in school, a lawyer learns to be diligent in studying and preparing. To graduate, a lawyer needs to have highly-developed research skills and must be able to present and defend research.
The ability to research and make a compelling argument for the result may be the most effective skill that a lawyer can transfer to entrepreneurship.
Finding a Niche
Law school is a competitive environment that quickly rewards success and weeds out those who are not up to the challenge. Competing on a daily basis with other budding legal minds to get the best grades or even to survive the rigors of law instruction is an excellent primer for a business owner.
As more and more legal graduates look to business as an industry in which to make their mark, the culture of entrepreneurial enterprise will become more organized, efficient, and innovative. This could result in better products and services being available to all consumers.