Comments on: Can Entrepreneurs Fix the Job Loss Problem?

By: Job Hunter

Job Hunter — Sun, 08 Mar 2009 07:48:07 +0000

I am always searching for online resources that can help me. Thank you!

By: Jeremy Lattimore

Jeremy Lattimore — Tue, 16 Dec 2008 21:23:16 +0000

I definitely think that Scott makes a good point but I think that we take for granted that unemployment should be where it was during the nineties. Before the 90s, the unemployment rates we have been seeing would have been considered very low. Entrepreneurial ventures were a large part of that growth (tech boom) and now the economy is righting itself from two subsequent bubbles. I truly believe that small business will again lead out of this recession and many other businesses will grow as a result.

Just my $.02.

By: Jonathan Callund

Jonathan Callund — Tue, 16 Dec 2008 19:20:29 +0000

By all accounts, adversity and our conscious reaction thereto are key drivers for reflection, creativity and a change in direction. To my mind, the shake-out we are only beginning to see will pave the way for a phenomenal increase in entrepreneurial activity and set the pace for the next wave of economic expansion.

By: Zane Safrit

Zane Safrit — Tue, 16 Dec 2008 18:02:59 +0000

Excellent points, great research. You’re right. Creating jobs is vitally important. But not saving the current ones would in effect create a situation of 1 step forward, 2 steps back, for rescuing our economy.

Thanks for the post.

By: Ken Kaufman

Ken Kaufman — Fri, 12 Dec 2008 22:35:42 +0000

I beleive that the statistic of one in three people that actually create the business they intended to start will improve. Not to be too cliche, but desparate times call for desparate measures. This statistic does not take into account that many of those people had full-time jobs that they ultimately decided to stay with instead of start their own company.

The reduction in workforce enacted by so many employers around the country creates more of NEED to actually create the venture and make it work. I think the number could to one in two people actually starting the business in these economic times. That would reduce the number of start-ups required to just over 1.1 million.

By: Mary Grace Ignacio

Mary Grace Ignacio — Fri, 12 Dec 2008 12:27:40 +0000

Ooh. Promotion Jennifer huh? But in fairness to you Jennifer, I agree with that thought of supporting a small business. That will truly help.

By: Jennifer

Jennifer — Wed, 10 Dec 2008 14:25:17 +0000

Support a small business today! Send online media and web design business to us today! Seriously, we are at the year and 4 month mark and it is tough, but we ain’t given up yet!

By: Butler Consultants Financial Statements

Butler Consultants Financial Statements — Wed, 10 Dec 2008 03:11:11 +0000

Large companies have been making mistakes for sometime now. The economy was growing and they were eating it up. Now the economy is going down and they want loans from us.

By: Kris Bovay

Kris Bovay — Tue, 09 Dec 2008 23:58:37 +0000

“…the scale of the economic downturn is so large…”: that’s the problem; both small and large businesses (and everything in between), are challenged to find solutions (in plural, because there will need to be more than one solution to fix these problems). I do think that the media has to play a role in helping to turn this around; they are helping to create a self-fulfilling prophecy – write about doom and gloom enough, and it becomes the reality.

By: Mary Grace Ignacio

Mary Grace Ignacio — Tue, 09 Dec 2008 04:32:02 +0000

We need to do something to fix what’s going on in the big companies too.

What specific steps/actions we can do to fix or you have in mind to solve the problem in the big companies, Scott?