Creating entrepreneurship success stories in recession
Entrepreneurship is all about creating a difference. Entrepreneurs are the doers who defy the problems standing in their way. They revolutionize the world with their actions. Bring meaning and life to people and things around them. Though the term entrepreneurship has gained a lot of air recently, but it come a long way. Since long their have been inspirational people who brought new meaning to this world.
From the period of the great depression to the great economic recession of today, entrepreneurship has some great stories related to it. From the invention of photocopier to game companies like Zynga, each provide the fact that there is no great time to start a business. Looking at these entrepreneurs, each one had a problem at hand. Solution of the problem translated into a business that rose to greatest heights.
Humans are the species that can create opportunities for themselves. Whenever there is depression or recession, a rise in entrepreneurial venture is notice. A lot more companies have appeared in the Forture 500 list over the past period of recession. As per research of unemployment and startup ratio in United States the fascinating facts are:
- In year 2000, the unemployment rate was 4.0 and as a result 14,770 new businesses opened per day.
- In year 2008, the unemployment rate climbed upto 5.8, which resulted in 17,505 new businesses openings per day.
- In year 2009, the rate of unemployment freaked upto 9.3 and the rate of new businesses opening per day was 18,600.
Looking at the recession times of 1920′s and 1990′s, almost 150 Forture 500 companies where established in each era. This easily turns into a fact that when ever there is unemployment period, there is a rise in entrepreneurship. As a matter of fact all of these startups are not always successful but still many create inspirational stories that comply to the fact that humans can create opportunities for themselves.
If you are suffering from unemployment get something going. Find an inner passion that can translate into entrepreneurship. Today’s world is much more helpful when it comes to startup. With investors, mentors and startup supporting organizations your dream can become a reality. It can become a story that can touch many people and inspire them to do something more.
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