Is Now the Right Time to Become An Entrepreneur?

A number of economic changes are magnifying the role of small business and creating the impetus for entrepreneurship.

In the past, many people perceived small business owners as shopkeepers ? the mom 'n pop shops. Today, with a status boost, they're entrepreneurs, and perceived to be on the leading edge.

But is now the right time to step up to the plate and take a swing at starting a small business? In the audio book, "Sound Advice on Small Business," author Jim Schell points to a number of economic changes creating momentum for entrepreneurs.

Continued downsizing in the Fortune 500 sector is one change, as corporate CEOs strive to keep earnings up to stock market expectations. "The corporate rat race has become more stressful to its inhabitants, and more tenuous," says Schell. "Today's Enrons and Worldcoms haven't done the image of the big guys any good, either."

Job creation is another economic change. "Corporate and government downsizing, combined with an influx of trained and motivated entrepreneurs is resulting in the vast majority of today's new jobs being created by the small business sector," says Schell.

He also points to changes in technology. "Today's technology is allowing little companies to do big things. Small businesses are now able to compete in industries that were once only open to the big guys."

With these and other economic changes sweeping the country, Schell believes now is the right time to become an entrepreneur. "My advice: Go to where the action is ? make a beeline for small business."

Jim Schell offers advice to entrepreneurs on managing a small business each week in the free audio newsletter from What's Working in Biz, http://www.whatsworking.biz/full_story.asp?ArtID=92

About The Author

Richard Cunningham is a principal of What's Working in Biz, http://www.whatsworking.biz, a publisher of business audiobooks and online audio programs on marketing, sales, and small business strategies.

---

Judging Entrepreneurial Ideas

Most entrepreneurs constantly come up with new ideas. Whether they... Read More

Key to Starting Your Own Clothing Company

Starting your own private label clothing company is not as... Read More

Franchisor Sample Grand Opening Launch for New Franchised Outlets

It is paramount that all franchising companies work hard in... Read More

How Home-Based Business Entrepreneurs Think

Too many people are trying to start their home businesses... Read More

Differentiation Strategies for Franchise Companies

With the growing number of franchise offerings recently it is... Read More

The Cockroach Test

Let me ask you a question? Imagine I would offer... Read More

Oil Change Guys History; Part IV

One trait of franchisors and something you will find in... Read More

3 Essential Elements of Operating a Successful Business

Have you ever imagined what it would be like to... Read More

How Much Risk is Necessary to Grow Your Business?

A business owner is thoroughly responsible for their own financial... Read More

Electronic Tools for Entrepreneurial Success

"Half of any job is having the right tool" was... Read More

Three Cs - What Startups Need to Get a Business Loan, Part 1

You want to get a good, solid overview of what... Read More

The 9 Key Distinctions of Successful Solo-Entrepreneurs!

SUCCESSFUL Solo-Entrepreneurs approach life and business from a perspective that... Read More

The Myth of Undercapitalization - Six Ways Entrepreneurs Achieve Success in Spite of Start-Up Money

This year more than 17 million people will become entrepreneurs,... Read More

Questions For The Entrepreneur To Be

Entrepreneurial e-gnorancePart 1: Questions for the entrepreneur to beIf you... Read More

What It Takes To be An Entrepreneur Series: Action

Many people have the professed desire to be their own... Read More

The Lonely Hat: A Marketing Parable

Jones was a typical entrepreneur who worked long hours and... Read More

The Six ?F? Words Every Entrepreneur Should Know

Start your own business, and soon enough, you find yourself... Read More

The 7 Major Reasons Businesses Fail and How to Overcome Them

This year, over 800,000 of the approximately 2,000,000 start up... Read More

Methods of Generating New Ideas for Entrepreneurs

Summary: Even with a wide variety of sources available, coming... Read More

Book Yourself Solid: The Simple Selling Process

As a service provider you may not want to think... Read More

Entrepreneurial Excerpt from a Speech to Small Business

Having built a business from a bucket of water and... Read More

Entrepreneurs Just Get Better With Age

Q: I'm thinking about starting a business after I retire... Read More

The Secrets to Becoming a Successful Creative Entrepreneur: JJK Secrets #19-21

Hello Creative Entrepreneurs!Welcome to the e-class on Creativity & Entrepreneurship:... Read More

Mobile Car Washing Long Term Opportunities in the Market

The long-term outlook for the Mobile Car Washing industry is... Read More

Youth Entrepreneurship, A Disappointing Truth

The psychology of entrepreneurship can be very rewarding to one... Read More

Why Most CEOs & Entrepreneurs Fail?

Times are tough. The economy is in a constant state... Read More

Enterprising Route is to Go Your Own Way

DON'T talk to me about education for entrepreneurs. They're pouring... Read More

An Entrepreneurs Challenge

Living in the twilight zone has its advantages. In the... Read More

Starting Up and Keeping Going

So you had that fantastic business idea, the one that's... Read More

Bonsai Marketing

Site location analysis of regional service areas and planning for... Read More

Evaluating an Opportunity

Business opportunities are often based on broad trends, such as:?... Read More

Cut to the Quick - What is an Entrepreneur? The Inside Story

Enjoying the title of entrepreneur is a hollow feeling.If you... Read More

7 Small Business and Self Employed Law of Attraction Principles For Success

It is widely held that one of the most important... Read More