An article in BusinessWeek two years ago was extremely relevant even today. It talked about what’s happening in the business world with small entrepreneurs and the future demographics of business owners in an article titled Entrepreneurship in 2017 .
They found that 20 million out of 26 million small business owners don’t have any employees. These people believe themselves to be hobbyists or freelancers, not entrepreneurs.
What do you see as being the future of entrepreneurship 10 years from now? Will there be a dramatic shift towards freelancers and consultants? How many of the Fortune 500 companies will still be around?
Leave your comments below and share your view on what you think will happen!
What the heck is the difference between these two types of entrepreneurs?
In his book The Toilet Paper Entrepreneur , Mike Michalowicz describes the differences between the world of modern day entrepreneurs. A Media Darling Entrepreneur is someone who seems to rocket to huge success seamlessly, almost overnight. A Toilet Paper Entrepreneur on the other hand, is someone who struggled and worked much harder to get to where they are. Most entrepreneurs fall into category number 2.
And that’s OK. Building a business takes time. Depending on what you want to start, it may be helpful to get experience in the business by working for someone else before stepping out on your own.
So don’t be upset if you don’t become an overnight success: no one has. Even the people that seem to rocket to the top had months and years of preparation -where they "worked" for free- before getting into the big leagues. Have patience and persistence, and if you truly desire a better life for yourself (and others), you’ll join with them someday. Godspeed.
