We should do more to help potential entrepreneurs in places where domestic economies are too weak to assist. If we give this effort a higher priority in our country's foreign policy, we can create a healthier balance of world commerce.

The winners flew in from all over the world -- from Canon City, Colorado to Adelaide, Australia. They won the competition by selling the most in their category over an eight-month period. The competition resulted in 21,000 entrepreneurs who created new businesses that sold more than $120 million in products.

In many ways, an entrepreneur's career is like a football game. Both combine a swift pace with a highly competitive atmosphere. The "game" is divided into four quarters. In the first quarter you assess the other team's strengths and weaknesses based on your scouting report.

Eight months ago, we challenged people to launch a brand new business and start selling. When they entered the competition, each participant chose a category best describing their shop. The store that sold the most in each category during a two-month period would take home the prize.

Before you quit your day job, invest tons of cash and try desperately to get on Shark Tank, only to be embarrassed by them, you may want to engage in a few gut-checks.