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2 years ago

What Entrepreneurship?

heyitsnoah:

FT has an interesting Lex column today about US employment. Two things about entrepreneurship in particular stood out:

  1. “Since 1977 about 700,000 new businesses have been started in the US every year. The number barely changes from year to year.”
  2. “A ballooning in both venture capital funding and university courses on entrepreneurship since 1980 has had no effect on the rate of business formation.”

Wouldn’t have guessed that.

Via: What Entrepreneurship? // NoahBrier.com

You can’t teach business, that’s true. You have to have the character to start running businesses.

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