Do You Have What it Takes to Be a Serial Entrepreneur?

By Ron Bonnstetter, Ph. D., Bill J. Bonnstetter, M. A. & DeAnne Preston
©2010 Target Training International, Ltd. 101310

The sources of new job creation have taken on enormous importance as millions of jobs have been lost around the globe. The Kaufman Foundation found that U.S. startups (firms less than one year old) create an average of three million new jobs annually and “without startups there would be no net job growth in the U.S. economy.” In fact, even when startups are excluded, young firms (one to five years old) account for approximately two-thirds of job creation. This shows that it is not just small businesses, but startup businesses in particular that have long been the engines of job creation, making entrepreneurs crucial drivers in the race to put people back to work.

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