Truett Cathy

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WORDS  3309

Truett Cathy

Samuel Truett Cathy

Executive Summary
As we enter the 21st century, the world is full of opportunities for entrepreneurs. The opportunity is what many entrepreneurs chase after. Just the idea of starting a business excited them. Entrepreneurs are people who have characteristics of a high need for achievement, a willingness to take moderate risk, strong self-confidence, and a passion for the business. We all question what is the best age for getting started. There is really no simple answer to that question. Most businesses require some background knowledge. A certain amount of time is usually required to gain the education, experience, and financial resources of starting a business. According to the textbook Small Business Management by Longenecker, Moore, and Petty, research conducted by Paul Reynolds reveals that the highest percentage of startups is in age group of 25 to 35 years old; Truett Cathy was a natural entrepreneur at the age of 8.
In this context is a quick overview of Samuel Truett Cathys life as a child, experiences as an adult, education and training, personality characteristics, and entrepreneurial activities.

Introduction
Have you ever wondered what it takes to be successful? Some people are not born into success or wealth. Many successful entrepreneurs had a vision they turned into reality. Samuel Truett Cathy is one prime example of a man who lived out his convictions. An inventor of the beast-of-chicken sandwich, mall counter service in the days before food courts and Sunday closing as a policy, Truett Cathy celebrated his 80th birthday in 2001. Many might think of him as a true modern-day role model and hero. Some sees him as the Chick-fil-a man. From his book Its Easier to Succeed than to Fail, Cathy represented a real-life case history showing that a determined and energetic entrepreneur can overcome anything. Cathy stated, The secret to success is not secret at all. It is very obvious, but we are too often blinded to the truth. (Cathy, p. 191)

Background
Samuel Truett Cathy, born in 1921, is founder and chairman of Chick-fil-A, Inc. Cathy started the business in 1946 when he and his brother, Ben, opened an Atlanta diner known as the Dwarf Grill (later named Dwarf House). Today, Chick-fil-A is the third-largest quick-service chicken restaurant company in the United States. There are more than 950 locations in 35 states and South Africa.

Family Relationships
S. Truett Cathy came from a big fa...