From Part-Time to Full -Time Incomes

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.

MORE RESOURCES:

23 Individuals Nominated for MITX's 2010 Future Leaders Group (Business Wire ... 11 Mar 2010 at 7:58am
CAMBRIDGE, Mass.----23 individuals have been nominated for the Massachusetts Innovation and Technology Exchange?s 2010 Future Leaders Group ? recognizing their leadership, spirit, entrepreneurialism and early impact on the Massachusetts innovation economy.

Cuttyhunk Combats Comcast on Wireless (Vineyard Gazette) 11 Mar 2010 at 11:24pm
Creative system of bouncing signal from Aquinnah is called foul, leaving island without service Okay, so maybe what the residents of Cuttyhunk were doing in order to get their high-speed Internet service was not strictly legal, but goodness, it was clever. It showed, they will tell you, the sort of inventiveness that made America great.

Nashville area jobs increase by 7,000 since July (Nashville City Paper) 11 Mar 2010 at 5:29pm
Chamber released new data on relocations and expansions More

Why Are Tories Giving up on Canadian Innovation? (in Mediacheck) (The Tyee) 9 Mar 2010 at 9:30pm
We could lead in mobile communications and other tech, but Harper doesn't seem to agree.

Student center will offer space to student-run businesses (Maneater) 9 Mar 2010 at 12:34am
A room will be available to student entrepreneurs free of charge.

Frank Sarris dies at 78 (Observer-Reporter) 8 Mar 2010 at 11:16am
This article has been read 7770 times. As the undisputed Chocolate King of Western Pennsylvania, Frank Sarris' candies can be found everywhere, from hundreds of annual fundraising events to kiosks in more than 500 Hallmark stores around the country.

ReadWriteStart Weekly Wrapup (ReadWriteWeb) 7 Mar 2010 at 4:44pm
Wow! It's March already? 2010 is chugging along and as we head into the second week of March its time to look back on the highlights from this week on ReadWriteStart. In this installment of the Weekly Wrapup we talk about how startups make use of crowdsourcing, how outsiders see startup culture, and we even glean some useful lessons from one man and his dancing. And finally we take a look at ...

Pitch perfect: the spruiker of Oz (Sydney Morning Herald) 6 Mar 2010 at 7:23am
Andrew McEvoy has the right credentials to sell Australia, writes Julie Miller.

Lynch's toll: He owns the I-93 plan (New Hampshire Union Leader) 4 Mar 2010 at 11:08pm
If only Gov. John Lynch had the leadership smarts of the mayor of Methuen, Mass.

Dahl and Rochester college presidents back mayoral control (The Lamron) 4 Mar 2010 at 4:27pm
Rochester Mayor Robert Duffy has spearheaded an initiative, backed by a strong following of university and college presidents in the Rochester area, to implement mayoral control for Rochester City School District. Currently, school boards elected by Rochester residents control the district.

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