The American Entrepreneur
Over the last 25 years, virtually all private sector jobs were created by business less than 5 years old. Between 1988 and 2011, companies more than 5 years old destroyed more jobs than they created in all but a few of those years. Entrepreneurs succeed while eating sand. Entrepreneurs deliver more real growth, faster, with less resources than any other part of our economy.
What can you do?
Be a Customer
What does every startup need? A customer – so buy from a company that is 5 years or younger.
Across this country there is at least a $8B/yr shortfall in startup investing. Closing that gap, alone, would drive 4% annual GDP growth.
Pay it Forward
If you are a successful entrepreneur, get back in the game. Find local startups. Help them win.