Sunday, 16 June 2013

While All Entrepreneurals start new Businesses, Not All new Startups are Entrepreneurial

No sector of the economy is a vital, dynamic , and creative as entrepreneurship. For the past 30 years, the impact of entrepreneurs and small business owners in the creation of new ventures has been felt in every sector of the United States and in virtually all the world's mature economies. The starting growth of entrepreneurial ventures form the heart of our changing economic system, as more employees work for these owners than any other sector of the economy. In the United States today, the number of employees in small and entrepreneurial ventures is growing faster than in any other sector of the labor force, and there is no sign of a reversal in this trend. The Global Entrepreneurship monitor states that as much as one third of the differences in economic growth among nations may be due to differences in entrepreneurial activities . A key factor affecting the U.S economy is the annual creation of 600,000 to 800,000 new companies, which produces many jobs.

Entrepreneurship, the process of planning, organizing , operating and assuming the risk of a business venture, is now a mainstream activity . Stating a business is never easy ; it requires a special blend of courage, self-confidence , and skills, all of resources is now available to individuals who wish to launch ventures. The internet provides access to up-date market and technology information and offers would be entrepreneurs many useful support networks. In addition , business schools even teach the fundamentals of entrepreneurship, which were not even part of the curriculum until 1990s

While all entrepreneurs starts new businesses , not all new start-ups are entrepreneurial. Their stories will help you explore possible paths for building your own successful career. You will also have the opportunity to assess your present career profile and strategy and contrast it with the approaches these entrepreneurs have developed. The career choices and paths you take are deeply embedded in not only relationships, but also individual characteristics and valued outcomes.

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