The Coming Wave of Entrepreneurship
Posted by admin on June 24th, 2009
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“The economy’s greatest hope may be in its aspiring entrepreneurs”
Traditionally it could be predicted that for every 100 people who join the ranks of the jobless, seven will attempt to start a business. Some find business niches, others invent and still others find a better way to do something markets are craving. Ingenuity and daring often are the catalyst for setting business and commerce in motion. Though nothing overcomes inertia like the lure of cash.
The slow trickle of business starts is about to swell into a tsunami. Legions of former auto workers, mortgage processors, school teachers and others will be forced to do something unusual and that’s hire themselves.
Overnight, an undetermined number, but assuredly greater than 7 percent, are about to become entrepreneurs and perhaps herald a new era of great wealth building. The problem: This is a nation ill-prepared to serve these burgeoning numbers.
With a dearth of funding options available to startup entrepreneurs, many of the startup ideas won’t make it past the cocktail napkin stage.
Don’t hit the panic button just yet, though. A host of new trends are coming that offer aspiring entrepreneurs new opportunities.



