Why millennial entrepreneurs should scare you. Lately, I’ve started to think more about why young entrepreneurs seem more capable and ubiquitous than ever before.
It seems as though all my peers, despite being in their early 20s, are starting companies, raising funds, and hiring their friends away from some of the larger Fortune 500s I’ve worked with in the past. When I dig deeper into this trend, and after meeting with and discussing amongst various young entrepreneurs, I’m realizing that the writing’s on the wall. With student loans at all-time highs, business tools and new technologies priced at all-time lows, and the “Hollywood”-ization of starting a business, many young people feel like the choice isn’t whether or not to become an entrepreneur, but rather what problem(s) to solve.
However, a few of the larger companies I work with are slow to realize this trend. These companies don’t believe that young entrepreneurs are going to affect their business. 1. 2. 3. 4. 5. 6. 7. Singapore teaches kids to form start-ups. SINGAPORE — Creating an entrepreneurial culture is deemed so crucial to this nation's future that the government is matching venture capital investments and teaching kids in grade school how to start their own companies.
In a country where anything but a straight and narrow path from college to a stable job with a good salary has been anathema, Singapore has spent the last decade building out an infrastructure to help its best and brightest get over their fear of failure so they can launch new companies. "In the early 2000s the government decided we didn't want to put all our eggs into the foreign investment basket, which means we need to create our own startups," said Edwin Chow, director of planning at SPRING Singapore, an agency under the Ministry of Trade and Industry founded in 2003 to promote and support start-ups. "Ten years ago an entrepreneur would never be able to pass 'the mother-in-law test,'" said Chow,"Only people who couldn't get a solid, stable position founded companies.
A Playbook for Making America More Entrepreneurial. Americans have long believed in the importance of entrepreneurs to the health of our economy.
We see ourselves as risk-takers and innovators. Today more than ever, the entrepreneur is celebrated, failure is accepted as a cost of doing business, and starting your own company is seen as a path to achieving the American Dream. The 4 Types of Small Businesses, and Why Each One Matters. America loves small businesses.
A 2010 poll by The Pew Research Center found that the public had a more positive view of them than any other institution in the country – they beat out both churches and universities, for instance, as well as tech companies. As Janet Yellen pointed out in a speech last year, “the opportunity to build a business has long been an important part of the American Dream.” Governors, mayors and presidential candidates are therefore eager to declare their support for small businesses, but what do we mean by “small” and why do they matter? This is the part where we’re usually told that it’s startups that matter, not small businesses, since they’re the ones that create all the new jobs. Atlantische Akademie sur Twitter : "April issue of #wirimlandkreis covers our event on #entrepeneurship with @MGCleve, @usconsfrankfurt, #WFK and #AGBC!
How to inspire and measure social impact — StartupDorf on Tour. How to inspire and measure social impact SeedSpot is an incubator focused on startups (both for profit and non-profit) whose aim is to have social impact.
It’s a wonderful space, open, enthusiastic, and basically anything you can expect from a top of the line incubator. But if your focus is social impact, you need to come up with ways to measure and assess this. It’s a big challenge, and one Seedspot is actively engaged with. One way to measure the (potential) social impact of startups, is the social impact scale Seedspot has developed for “the purpose of determining whether an entrepreneur is the right fit”.
Next to the social impact scale, the incubator and the co-working space, Seedspot also runs an entrepreneurship education program. Cultural Vistas sur Twitter : "Thanks @ASUSkySong for a great tour of your facilities! #Entrepreneurship #Innovation @USExchanges @usbotschaft. Cultural Vistas sur Twitter : "Well that's a wrap! Excellent final meeting w/ @seedspot for our @usbotschaft program for German #entrepreneurs. Arjan Tupan sur Twitter : "Happiness and success. #entrepreneurship #StartupDorfOnTour @SeedSpot. Arjan Tupan on Instagram: “Happiness and success. #entrepreneurship #StartupDorfOnTour @SeedSpot” Failing Forward 2014. Euromentors. 12 Life Lessons for Entrepreneurs Who Want to Do It Right. This week I wanted to write a post for entrepreneurs to celebrate Global Entrepreneurship Week – whoop whoop!
As an entrepreneur myself I’m fully aware of the roller coaster ride we are continuously on and how resilience, persistence and focus are the things that make an entrepreneur succeed. Yet this week I’d like to offer an alternative approach. Having just recovered from being ill for a week (most likely due to overworking), I’ve gotten a nice wake up call on many things. Twitter. Beyond Silicon Valley Studygroup Düsseldorf. How to Build a Startup Economy in 6 Lessons. (Cleveland, Ohio - Photo by Joshua Rothhaas on Flickr) In the Northeastern part of Ohio, the region around Cleveland, something inspiring happened.
After a decline in the local industries, resulting in job losses, brain drain and other things you expect to see in a declining economy, the region found a way to turn things around. And quite successfully. In the MOOC Beyond Silicon Valley, Professor Michael Goldberg of Case Western Reserve University talks to the people who were involved in creating an entrepreneurial and blooming economy, and they share their knowledge. Beyond Silicon Valley: Growing Entrepreneurship in Transitioning Economies. About the Course The path for entrepreneurs to grow their companies outside of well-developed entrepreneurial ecosystems like Silicon Valley is challenging.
Most markets around the world do not look like Silicon Valley, and they never will. But there are other models to support new businesses. In transitioning markets (where entrepreneurs do not have much access to private sector financing), government officials, donors, and business leaders are experimenting with creative approaches to support the growth of entrepreneurs. Northeast Ohio, whose largest city is Cleveland, is one such community. Richard Branson - Chairman of the Virgin Group. Lessons from a Failed Social Entrepreneur - Mike McGlade.