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Why Do Most Start Ups Fail?
Is it More Difficult to be a Creative Entrepreneur than a Creative Employee?
A recent study in the Personality and Social Psychology Bulletin by Evan Polman of New York University and Kyle Emich of Cornell University made me wonder if it’s more difficult to be a creative entrepreneur than a creative employee. For those of you who didn’t read the study, the punch line…
Are You Guilty of Committing the Top Incorporation Mistakes?
Now more than ever, forming a corporation or LLC can be a pretty quick and painless process. Yet while the process may be straightforward enough, small business owners can unknowingly make some common missteps that can have a significant impact on the business.
Are you guilty of any of these top…
Chart: Where People Want to Work for Themselves
People in some countries are more interested in self-employment than people in other nations. A 2009 survey funded by the European Commission queried over 25,000 randomly chosen individuals aged 15 and 64 in 36 nations about whether they would rather run their own business or work for someone else.…
Chart of the Week: A Declining Share of U.S. Businesses are New
Startups account for a much smaller share of U.S. businesses than they used to. Recently released data from the Census Bureau shows that back in 1977, 16 percent of U.S. companies were new. By 2009, that share had fallen to 8 percent.
As the figure below shows, the overall trend in the proportion…
Military Vets Reporting for Entrepreneurial Duties
With Memorial Day on the horizon, now seems an appropriate time to report on a new study out from the SBA’s Office of Advocacy that examined entrepreneurship among military veterans. Factors Affecting Entrepreneurship among Veterans found that veterans are at least 45 percent more likely, and…
Have We Lost a Generation of Small Business Owners?
We’re down more than 1.1 million. That’s how many fewer self-employed Americans there are today than when the Great Recession began.
According to Bureau of Labor Statistics figures, there were 589,000 fewer incorporated self-employed people and 569,000 fewer unincorporated self employed…
Women Entrepreneur Role Models: Who Would You Name?
In a recent study, blur Group surveyed more than 1000 national and international entrepreneurs about the top business people that inspire them the most. Almost 10% of those surveyed were women. But when it came time to cast a ballot for the top entrepreneurs, women didn’t even receive 3% of the…
Are You a Bubblehead?
If you’re like many small business owners, you work in a bubble. You figure out everything yourself and rarely, if ever, connect to your industry peers. Bad idea.
My husband has a startup, and this was his story until recently. We moved to San Diego last year, and hadn’t heard about…
4 Reasons Not to Launch a Startup
Startups are the new shiny toy these days. Groupon and Mint are among the constantly quoted examples of what can go right with a business startup, but what percentage of startups actually enjoy that kind of phenomenal success?
Before you jump right into a startup, consider these four reasons it…
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