Nurturing small business
According to research conducted by the entrepreneurial think tank Kauffman Foundation, in 2008, 320 out of 100,000 Americans started businesses every single month of the year. That is a lot of businesses! AND, that was presumably in the midst of the Recession.
This means if you took a group of 1,000 people, more than 3 of them would have started a business in a month. And over the course of the year, more than 36 of them would have started businesses.
It would be a safe bet that many, many more businesses were started in 2009 and so far in 2010. Some out of them were, are, and will be started out of necessity. Others out of inspiration. Either way, such small businesses are the backbone of modern enterprise. And they may represent an important transition for many to new, rewarding, and enriching ways to lead their lives.
Never before has it been as easy to start a business. Nor perhaps as necessary. Our immigrant citizens have always known this and shown the way. Sometimes that means having two jobs, and two or three side activities that make money: selling at “La Pulga,” party selling, side jobs, etc. It is part of what makes them immigrants and therefore part of who we are as a country. Embrace it. Support it. Make it happen.
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