Posts Tagged ‘Small Business’

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Why You Haven’t Started a Business

Watching this video, I can see someone getting the impression that I think you /should/ start a business. That’s not true, I think you should be able to if you want to, but there are lots of good reasons to not want to, and very much support people who are more interested in working for other people, especially if you work for me! PLEASE DON’T LEAVE ME!

But small business is extremely important, it helps even out inequality, ties communities together, and employs over half of working Americans. Small businesses hire faster than large ones, and employ more people per dollar they make.

Alas, there are lots of structural efficiencies to being big, and lots of ways big companies build their “moats.” And just by virtue of the way capitalism works, it is sometimes easier to go from 400 to 800 employees than from 1 to 2.

Here’s a selection of the articles I read and resources I used while making this video:

The Global Entrepreneurship Monitor is a great primary source for this stuff
http://www.gemconsortium.org/

What is driving the dramatic slowdown in IPOs
https://www.ft.com/content/1c57c7de-6e20-11e7-bfeb-33fe0c5b7eaa

The Myth of the Millennial Entrepreneur
https://www.theatlantic.com/business/archive/2016/07/the-myth-of-the-millennial-entrepreneur/490058/

Millennials are obsessed with side hustles because they’re all we’ve got
Millennials are obsessed with side hustles because they’re all we’ve got

American Entrepreneurship Is Actually Vanishing. Here’s Why
https://www.inc.com/magazine/201505/leigh-buchanan/the-vanishing-startups-in-decline.html

The Psychological Price of Entrepreneurship
https://www.inc.com/magazine/201309/jessica-bruder/psychological-price-of-entrepreneurship.html

American Entrepreneurship: Dead or Alive?
http://www.gallup.com/businessjournal/180431/american-entrepreneurship-dead-alive.aspx

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Donald Trump Signs Executive Order To Cut Business Regulations

President Donald Trump signed an executive action that will eliminate two regulations for every new one enacted — fulfilling one of his campaign promises.
The Hill reports the executive order makes exceptions for national security and emergencies.
USA Today reports Trump said it was the largest cut to regulations in history and it would help small businesses.
The President was surrounded by small business owners as he signed the order.
CNBC reports under the order, federal agencies will propose rules they want to eliminate, then the White House will review them.