Class Examples: Entrepreneurship

Showing posts with label Entrepreneurship. Show all posts

Tuesday, September 4, 2012

Who's Starting America's New Businesses? And Why?

Here’s what Jack had to say about the current entrepreneurial trend, based on calculations and information he’s gathered from the Kauffman Foundation. As of March 2011, there are an average of 320 new businesses launched every month, for every 100,000 U.S. adults.

That equates to 543,000 new U.S. companies every month. (We can’t annualize this number by simply multiplying by 12, Kauffman notes, since some entrepreneurs are in and out of multiple businesses during that time. However, multiple estimates put the total number of U.S. entrepreneurs at 11.5 million, in sum.)

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A Radical Way To Build New Companies (Not Just Web Startups), Create Jobs And Boost The Economy

Large companies alone can’t carry the burden. That’s why it’s time to take a hard look at how new businesses—not just the latest Internet fad, but all promising pipsqueaks—get on their feet.

Turns out there’s a better model, and it’s brewing far from Silicon Valley and Wall Street—in Nashville, Tenn. (If you’re not an entrepreneur or a professional investor, keep reading anyway: All taxpayers have skin in this game.)

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The 7 Habits of Highly Effective Mediocre Entrepreneurs

I’m pretty mediocre. Particularly as an entrepreneur. I’m ashamed to admit it. Many of the readers here are great visionaries. I’m not even being sarcastic. I have reason to believe Larry Page reads all of my articles. Elon Musk prints out my articles and tapes them to his bathroom wall just in case he forgets to bring a book in there. Jerry Yang and his wife discuss over breakfast the merits of the points I bring up. You can say, “Hey, Jerry Yang should’ve accepted Microsoft’s buyout offer.” Ok, but Jerry Yang has made a few billion dollars just by getting a bunch of links together and assembling them by what category they are in. That was pretty cool back in the day. You and I should’ve thought of that.

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