A number of economic changes are magnifying the role of small business and creating the impetus for entrepreneurship.
In the past, many people perceived small business owners as shopkeepers ? the mom 'n pop shops. Today, with a status boost, they're entrepreneurs, and perceived to be on the leading edge.
But is now the right time to step up to the plate and take a swing at starting a small business? In the audio book, "Sound Advice on Small Business," author Jim Schell points to a number of economic changes creating momentum for entrepreneurs.
Continued downsizing in the Fortune 500 sector is one change, as corporate CEOs strive to keep earnings up to stock market expectations. "The corporate rat race has become more stressful to its inhabitants, and more tenuous," says Schell. "Today's Enrons and Worldcoms haven't done the image of the big guys any good, either."
Job creation is another economic change. "Corporate and government downsizing, combined with an influx of trained and motivated entrepreneurs is resulting in the vast majority of today's new jobs being created by the small business sector," says Schell.
He also points to changes in technology. "Today's technology is allowing little companies to do big things. Small businesses are now able to compete in industries that were once only open to the big guys."
With these and other economic changes sweeping the country, Schell believes now is the right time to become an entrepreneur. "My advice: Go to where the action is ? make a beeline for small business."
Jim Schell offers advice to entrepreneurs on managing a small business each week in the free audio newsletter from What's Working in Biz, http://www.whatsworking.biz/full_story.asp?ArtID=92
About The Author
Richard Cunningham is a principal of What's Working in Biz, http://www.whatsworking.biz, a publisher of business audiobooks and online audio programs on marketing, sales, and small business strategies.
How long should a business plan be? A business plan... Read More
SUCCESSFUL Solo-Entrepreneurs approach life and business from a perspective that... Read More
Whether you are just starting your business or focusing on... Read More
How often have you either referred to or considered the... Read More
In discussing entrepreneurship and writing articles on the subject, I... Read More
I recently read a magazine article about Andrew, a 42-year... Read More
The first step in deciding whether to start a business... Read More
Many people who set up as consultants never make more... Read More
The basic rule is simple: "Find a market need and... Read More
Forging partnerships to improve market penetration has become commonplace, particularly... Read More
I am going to begin this article by sharing a... Read More
When I ask why you don't start your own business,... Read More
In business, you plan to protect your inventory, your unique... Read More
Entrepreneurs are a special breed of high achievers. They create... Read More
Business success is essentially the result of successful leadership. Contrary... Read More
You've probably heard this, or maybe you will relate to... Read More
When launching a new product or company, an entrepreneur must... Read More
I've seen terrible images today on the television and internet-bodies... Read More
Franchise companies are not born they are made and when... Read More
I'm sure that you've heard about how many start up... Read More
Sally and Jim have launched their automotive franchise business and... Read More
Successful business owners and managers need to be very clear... Read More
If your company is like the one I work for,... Read More
Will I be successful as a franchisee?One of the soundest... Read More
As a first time entrepreneur, there are a variety of... Read More
It never ceases to amaze me. Almost everyone peers into... Read More
Rupert Steiner in his book 'My First Break' attempted to... Read More
Will I be successful as a franchisee?One of the soundest... Read More
There are a whole range of reasons why customers buy... Read More
The psychology of entrepreneurship can be very rewarding to one... Read More
SUCCESSFUL Solo-Entrepreneurs approach life and business from a perspective that... Read More
With the economic downturn, students in all the major business... Read More
Attention entrepreneurs: If you think the search for the ultimate... Read More
Women business owners are our only clients, so naturally we... Read More
Have you ever heard of "Dream Boards" or "Treasure Maps"?... Read More
James had an original concept and he needed an investor.... Read More
Have you ever heard that only a small part (5%)... Read More
I recently conducted a lil' survey asking my colleagues what... Read More
Mission Viejo, CA - June 14, 2005 - Bob Meyer,... Read More
A primary inhibitor of business start-up is that few people... Read More
Many people are starting an online business without a thought... Read More
How often do the words "I need" come out of... Read More
You are a struggling entrepreneur and sometimes it feels like... Read More
Many of us slave away for years for one uninspiring... Read More
Jim and Sally run a successful auto business, which they... Read More
The most successful entrepreneurs rely on their advisory boards to... Read More
Frequently overlooked and hidden deep within our marketing tool box... Read More
I am going to begin this article by sharing a... Read More
Rohit Kochgaway was very upset with his boss for his... Read More
If that sounds like you, here's what you may be... Read More
Entrepreneur Entrepreneur |