Is 2005 The Year of Business and Entrepreneurs?

According to this article, Looking for a Job or a Change? Then Ride the Big Wave of Entrepreneurship in 2005; the populations capitalizing on entrepreneurialism include:

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• Minority-owned enterprises are the fastest-growing business segment and have brought a much-needed economic boost both locally and nationally. According to the SBA, Hispanics, African-Americans and Asians all made gains in self-employment in the past two years. Recent Census data confirms that new minority-owned businesses are growing at more than six times the national rate.
• Women now make up 32 percent of the country’s 12.2 million business owners, up from 25 percent in 1983, according to the SBA.
• Baby boomers: Studies show that the number of self-employed people over the age of 50 has jumped 23 percent since 1990 to 5.6 million workers.

Recommendations include:

• Keep your options open,
• Spend time doing thorough research,
• Working with a mentor or a self-employment coach becuase it is beneficial and can help make your search for the perfect opportunity more manageable, less overwhelming and less daunting.

Sounds like an The E-Myth student…Hmm…here’s an organization dedicated to helping entrepreneurs succeed: The Entrepreneur’s Source. It’s North America’s leading business and franchise consulting organization. We help people build rewarding careers, take control of their lives, and create financial freedom.

Technorati Tags: Entrepreneurs, Women entrepreneur, Minority business, Baby boomers

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Posted on May 20th, 2005 by ponnsabra
Filed under: Entrepreneurialism