It's Time For Business Rock Stars

Small companies have provided as much as two-thirds (2/3) of all the new jobs in our economy. It's been that way for a long time. Free enterprise is ingrained in our society. In today's economic environment, however, fewer small companies are starting. That is keeping our economy from pulling out of its tail spin.

Our country needs entrepreneurs to step up, develop a business plan (which is where we come in), obtain financing, and get our economy moving in the right direction again ... despite what the government is doing to help. Waiting for the government to help is like watching molasses flow.

Entrepreneurs can once again become folk heroes, or rock stars in today's lingo.

The attractions of the enterprenerial life are many, according to an article in Forbes by Thomas P. Murphy:

1. Independence
2. Money
3. Respect
4. and that greatest of human satisfactions, doing it your own way.

Why aren't more people doing it?

Starting a business comes with hazards, such as the current belief that banks are not giving out business loans, which is not true. They are more heavily regulated and must have a business plan to consider your loan application.

On the down side, entrepreneurs can go bankupt, according to Murphy. That has nothing to do with Murphy's Law. They can wreck their health, their marriage, and their reputation.

On the up side, if there is one distinguishing feature among entepreneurs it is their energy level and capacity and willingness to work hard. Age is less a factor in today's high tech world. Steven Jobs was 22 when he founded Apple Computer.

The best time to become an entrepreneur is when you want to become one!

The key motivator, according to Murphy, is not about making money. Money is the way the score is kept, not the game. Entrepreneurs tend to be egocentric and driven people. They are hard to love and hard to live with. What they really ask from the world is respect. They are the backbone of a nation's economy.

Are you ready to be an entrepreneur?