Tag Archives: Entrepreneurial

We Love “Joe the plumber’s” dream !

It’s an  American dream!

My family is made of entrepreneurs and that is why we are teaching our friends and family these concepts by example and through sitting them down and showing them. I was excited to read Carl J. Schramm‘s Commentary: Why we need Joe the plumber’s dream

I think ” Joe the plumber represents dream of many Americans”

Carl J. Schramm pointed to a “.. survey, which was conducted late last month, 70 percent of respondents said the success and health of the U.S. economy depends on the success of entrepreneurs. More than 60 percent said they had the most faith and confidence in the American people and the small business owner to guide the U.S. economy..”

I think we all can agree that no matter who is President , we need lawmakers that will help entrepreneurs succeed!

Devin Willis

Resources-

Commentary: Why we need Joe the plumber’s dreamCarl J. Schramm‘s-CNN

The Entrepreneurial MindJeff Cornwall

Entrepreneurial + Spirit does Challenge The Downturn

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Filed under devin willis + prosper

Entrepreneurial + Spirit does Challenge The Downturn

While  current economic downturn appear to be dominating the news these days, a recent study indicates that over half of all small business owners remain optimistic and do not intend to change their expansion plans.

Some of the highlights are the following :

Around one third for UK’s entrepreneurs (34%) responded that they set up their own business in order to make more money that they would working for someone else. 21% identified their desire to make their own ideas reality as their main motivating factor.

US entrepreneurs are even more ambitious, with 46% setting up their own business to make more money.

Most Dutch and French business owners (74% and 71%) were found to be motivated mostly by the desire to “be their own boss”, compared with a 58% in the UK.

The survey also identified some of the major challenges faced by future entrepreneurs:

Tax: 68% of British entrepreneurs believe that the taxation system in the UK does not favour those who want to start their own business, with similar figures in Germany and France. In the US, only 40% of small business owners think that the taxation system is an obstacle to small businesses.

Financing: nearly two thirds (64%) of British small business owners state that finding finance for a new venture is not easy, with the corresponding figures in Germany and France being 81% and 72% respectively. In the US the situation appears to be marginally better, with 58% saying that it was difficult to raise the initial funding for their new business.

Cultural factors: in the UK, only 44% feel that culturally the UK is a nation of natural risk takers. The Germans and French appear to be even more risk-averse, with only 33% and 34%; these percentages are dwarfed by the corresponding 78% figure in the US.

Government bureaucracy: this is the biggest issue in France, with 76% identifying government red tape as a major obstacle to setting up a new business. This is also the biggest single worry for the Germans (67%), with the British following at 54%. In comparison, only 32% of Americans think that government bureaucracy was an obstacle to entrepreneurial activity.

Education: according to the survey, almost two thirds of UK’s (61%) and France’s (66%) small business owners believe that the educational system does not promote entrepreneurial activity and ideas, with the figure in Germany being much higher at 80%. In the US, only 35% of those that took part in the survey feel that their education system does not encourage entrepreneurship.

I feel humbled to work with people that enables  students in Entrepreneurship succeed in their own business


Devin Willis!

Resources:

Hiscox Study Reveals the DNA of an EntrepreneurPR Newswire,  July 23, 2008 -on BNET

Entrepreneurs defy economic downturn -Posted by peopleperhour.com – 05/08/2008 17:16

Entrepreneurial Spirit Can Challenge The Downturn,Insurance News Net

The One Minute Entrepreneur The Secret to Creating and Sustaining a Successful Business -“..Mega-bestselling author Ken Blanchard and celebrated business leaders Don Hutson and Ethan Willis present an inspiring story that reveals the secrets to becoming a successful entrepreneur…”- By ebay-garden-gnomes

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Filed under Entrepreneurship, links of Success