The Bad Economy is Creating More Entrepreneurs

Economy vs Entrepreneurship

Duane Zobrist writing for Fast Company:

The struggling economy has turned up the volume of the voice inside the heads of potential business owners that says, “What do I have to lose?” The excuse of job security given by employees as the reason they never started a business has been disproved by the current recession. An untimely firing has awakened many to the fact that nothing is guaranteed, and loyalty doesn’t exist when it clashes with corporate profits. So instead of taking another job they can’t stand and may be pulled out from under them anyway, many are taking a leap into the entrepreneurial world.

Chart for illustration purposes only.

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