American aviator and pioneering businessman Walter Beech co-founded the Beech Aircraft Company in 1932 with his wife, Olive Beech, and three other people. Beech, who was born in 1891, had early aspirations of flying. As a daring farm boy, Beech constructed a glider of his own design at 14 using supplies he found around his house. Young Walter did not lose hope even though that particular aviation attempt failed. On July 11, 1914, ten years later, he completed his first solo flight in a Curtiss biplane that he and a friend had repaired. After that, he joined the U.S. Army Air Corps and served in World War 1. He served three years as an engineer, flight instructor, and pilot. After the war, he conducted a barnstorming tour of the United States to collect suggestions for enhancing aircraft design and production. In 1932, he and his wife officially co-founded Beech Aircraft Company, which still to this day has distinguished itself as one of the world’s premier manufacturers of general aviation airplanes by consistently setting the pace for competitors to follow.
Even though Walter Beech wasn’t young when he officially started his business, he showed tremendous entrepreneurial traits in his younger years through his willingness to fail and stick to his dream. Unfortunately, Beech died from a heart attack in 1950 but will always be remembered as one of the first aviation entrepreneurs. Walter Beech is revered worldwide for the aircraft that bears his name and his skill as a salesperson, businessman, and ardent supporter of aviation.
This story of Walter Beech truly shows what it means to be an entrepreneur who does not get discouraged when dealing with adversity. Beech could have easily given up his dream due to his failed launch early in his career; however, his willingness to get up and pursue his dream is what led him and his family to a profitable empire.
Walter Breech showed many Characteristics that entrepreneurs must have in order to succeed. From a young age, he found something he was passionate about and pursued it throughout his life. Although he failed many times, he stayed determined to create his own glider. After years of hard work, he completed his mission and accomplished everything he wanted. Entrepreneurs should follow in his footsteps and use the characteristics that he did while completing work.
Walter Beech’s story is truly inspiring. He showed perseverance and passion, and this is why he was able to succeed. It is also great that he was able to eventually succeed and create one of the best aircraft companies ever. I also like that he will be remembered as his company continues.
Passion is definitely the most important aspect of entrepreneurship. without it it is not possible to stick out the inevitable adversity and realize the result you envision.