US #12 in Entrpreneurship

[Jccarlton]

US 12th in entrepreneurship? That's something that wasn't mentioned in the SOTU:
http://www.gallup.com/businessjournal/180431/american-entrepreneurship-dead-alive.aspx
Maybe when Obama was talking about all those new taxes he sort forgot about it.
FTA:
Until 2008, startups outpaced business failures by about 100,000 per year. But in the past six years, that number suddenly turned upside down. There has been an underground earthquake. As you read this, we are at minus 70,000 in terms of business survival.
The punt gun keeps blasting away.

[MSimon]

What is not widely recognized is that a lot of business is not official because the regulations, taxes, and paperwork make it difficult to go legit. We are on the way to becoming like Italy or Greece.

[Jccarlton]

It's been a trend for some time. Not exactly healthy though.

What is not widely recognized is that a lot of business is not official because the regulations, taxes, and paperwork make it difficult to go legit. We are on the way to becoming like Italy or Greece.

[ohiovr]

If Entrepreneurship is dropping then more people are simply deciding that it is better to not be an entrepreneur than to be one. Can I get a no shit Sherlock from the crowd? More people see the reward is not enough for the risk. The easy Medicaid, no tax, sometimes subsidized underclass need a clear economic boost past $40K per year to even contemplate leaving the reservation. So the underclass is not a pool of people to be entrepreneurs except for a handful of juggernauts or renegades. Then the middle class we can depend on them right? Well this is a constantly contracting demographic. The people that are left in this class have white knuckles on the reigns. Why dare total failure while at this time you got more than all the poor have? And you may never recover if things go bad. Or if you do recover it will be years before you get your former salary back.

Disclaimer:
I am an entrepreneur.

[Jccarlton]

If Entrepreneurship is dropping then more people are simply deciding that it is better to not be an entrepreneur than to be one. Can I get a no shit Sherlock from the crowd? More people see the reward is not enough for the risk. The easy Medicaid, no tax, sometimes subsidized underclass need a clear economic boost past $40K per year to even contemplate leaving the reservation. So the underclass is not a pool of people to be entrepreneurs except for a handful of juggernauts or renegades. Then the middle class we can depend on them right? Well this is a constantly contracting demographic. The people that are left in this class have white knuckles on the reigns. Why dare total failure while at this time you got more than all the poor have? And you may never recover if things go bad. Or if you do recover it will be years before you get your former salary back.

Disclaimer:
I am an entrepreneur.

I've been saying that to people for years. I've posted and posted the same thing from a hundred different articles everyplace I participate. What have I gotten. Mostly spit upon by people who just DON'T want to see what's going on.
The middle class? Here's what's happening to the middle class. Here are the links I get when I google "american middle class.": http://www.washingtonpost.com/sf/busine ... s-is-lost/ http://fivethirtyeight.com/features/the ... -15-years/
https://www.americanprogress.org/issues ... s-squeeze/
http://www.nytimes.com/2014/04/23/upsho ... .html?_r=0
http://www.cbsnews.com/news/another-dea ... dle-class/
http://www.alternet.org/economy/robert- ... ddle-class
http://www.theguardian.com/money/us-mon ... er-poverty
I probably don't agree with what the links say, but all of them point at the same problem. None of them are Koch, Murdoch, or Saudi connected. If the Center for American Progress, the New York Times, The Wall St Journal, AEI, Zero Hedge, Doug Jones, the Market ticker and just about every single website I log into is saying that the middle class is being cratered, you have to believe that the middle class is being cratered. That's a metric that exists. It may have started in the Bush years, but the unending recession and the Cloward Piven policies that being enacted by the current administration have exacerbated the problem. Unfortunately, like it or not that's a fact. What is the solution, the only solutions the government seems to offer? Yet another tax on saving and investment. Yet more penalties and taxes on small businesses. Yet more "free stuff."
http://www.washingtontimes.com/news/201 ... tuff-army/
The problem is that the current path is unsustainable even in the short term and you can't tax yourself to prosperity.
The welfare state is costing too much and there's not growth:
http://www.washingtonpost.com/opinions/ ... 2115166482
Those who don't learn from history tend to make the same sorts of mistakes:
http://www.sovereignman.com/trends/seve ... 018/Venice is very pretty and an empty shell living on past glory.

[Tom Ligon]

What is worse, some of our best entrepreneurs are not even FROM here.

When I worked at Athena Controls, our CTO/CEO was Dave Vos, a South African. An article published in a South African newspaper mentioned him and two other South Africans who made it big. The problem from their perspective is that they all had to leave South Africa to do it.

So at least we still can attract foreign talent, at least if we don't penalize them for coming here. Treating entrepreneurial success as evil strikes me as a tad counterproductive.

[ohiovr]

If Entrepreneurship is dropping then more people are simply deciding that it is better to not be an entrepreneur than to be one. Can I get a no shit Sherlock from the crowd? More people see the reward is not enough for the risk. The easy Medicaid, no tax, sometimes subsidized underclass need a clear economic boost past $40K per year to even contemplate leaving the reservation. So the underclass is not a pool of people to be entrepreneurs except for a handful of juggernauts or renegades. Then the middle class we can depend on them right? Well this is a constantly contracting demographic. The people that are left in this class have white knuckles on the reigns. Why dare total failure while at this time you got more than all the poor have? And you may never recover if things go bad. Or if you do recover it will be years before you get your former salary back.

Disclaimer:
I am an entrepreneur.

I've been saying that to people for years. I've posted and posted the same thing from a hundred different articles everyplace I participate. What have I gotten. Mostly spit upon by people who just DON'T want to see what's going on.
The middle class? Here's what's happening to the middle class. Here are the links I get when I google "american middle class.": http://www.washingtonpost.com/sf/busine ... s-is-lost/ http://fivethirtyeight.com/features/the ... -15-years/
https://www.americanprogress.org/issues ... s-squeeze/
http://www.nytimes.com/2014/04/23/upsho ... .html?_r=0
http://www.cbsnews.com/news/another-dea ... dle-class/
http://www.alternet.org/economy/robert- ... ddle-class
http://www.theguardian.com/money/us-mon ... er-poverty
I probably don't agree with what the links say, but all of them point at the same problem. None of them are Koch, Murdoch, or Saudi connected. If the Center for American Progress, the New York Times, The Wall St Journal, AEI, Zero Hedge, Doug Jones, the Market ticker and just about every single website I log into is saying that the middle class is being cratered, you have to believe that the middle class is being cratered. That's a metric that exists. It may have started in the Bush years, but the unending recession and the Cloward Piven policies that being enacted by the current administration have exacerbated the problem. Unfortunately, like it or not that's a fact. What is the solution, the only solutions the government seems to offer? Yet another tax on saving and investment. Yet more penalties and taxes on small businesses. Yet more "free stuff."
http://www.washingtontimes.com/news/201 ... tuff-army/
The problem is that the current path is unsustainable even in the short term and you can't tax yourself to prosperity.
The welfare state is costing too much and there's not growth:
http://www.washingtonpost.com/opinions/ ... 2115166482
Those who don't learn from history tend to make the same sorts of mistakes:
http://www.sovereignman.com/…/seven-dec ... ata-prove-…/
Venice is very pretty and an empty shell living on past glory.

Detroit is the harbinger of the nation.

[Jccarlton]

What is worse, some of our best entrepreneurs are not even FROM here.

When I worked at Athena Controls, our CTO/CEO was Dave Vos, a South African. An article published in a South African newspaper mentioned him and two other South Africans who made it big. The problem from their perspective is that they all had to leave South Africa to do it.

So at least we still can attract foreign talent, at least if we don't penalize them for coming here. Treating entrepreneurial success as evil strikes me as a tad counterproductive.

Tom, if I hear only one more "evil businessman" or "greedy corporation" it's a slow day. It's as if people can't understand where the jobs come from.

[MSimon]

Good link:

http://www.sovereignman.com/trends/seve ... how-16018/

[Jccarlton]

Good link:

http://www.sovereignman.com/trends/seve ... how-16018/

Thanks, fixed.

[GIThruster]

These are bikini statistics. Though they are revealing, some of the most important bits are being hidden.

It is not particularly useful, to note the relation between business births and deaths, without looking at the raw numbers of how many are birthing as compared to the past. Starting Startups is in fashion right now, and it could easily be that there is simply a multitude of people who think they can enter any market and thrive when in fact good business has always required more insight than this.

Long story short, neither the statistics sited above, nor the statistics those statistics were drawn from, actually give the important numbers. The writers are just leading people by the nose. Noting to see here. Move along.

[MSimon]

These are bikini statistics. Though they are revealing, some of the most important bits are being hidden.

It is not particularly useful, to note the relation between business births and deaths, without looking at the raw numbers of how many are birthing as compared to the past. Starting Startups is in fashion right now, and it could easily be that there is simply a multitude of people who think they can enter any market and thrive when in fact good business has always required more insight than this.

Long story short, neither the statistics sited above, nor the statistics those statistics were drawn from, actually give the important numbers. The writers are just leading people by the nose. Noting to see here. Move along.

What will annoy the hell out of you is that the Silicon Valley crowd is putting big money into the hemp and cannabis business. They have formed a venue called "Ark Tank" to promote that.

http://www.mainstreet.com/article/arcta ... ing-to-pot

[GIThruster]

I don't much care about the Hollywood crowd. What annoys the hell out of me is you. I just can't understand why anyone would deliberately piss off 90% of an entire forum under the premise that they're supporting a just cause, when in fact you could do nothing to more alienate everyone here. You have all the tact and sensitivity of a TV evangelist at a funeral, and it's just such a shame because you're obviously not nearly as stupid as you act. It's the drugs. They make you act like an idiot.

What the fugk is wrong with you dragging your pro-drug posturing into yet another thread and once again proving you have all the common sense of an emotionally disturbed tweenager? Any attention is better than none, when all you do is annoy people? How can you not have figured out what the rest of us learned when we were at worst, 10 years old?

[kurt9]

He is a bit of a one-note Johnny on the subject of drug prohibition. Appropriate subjects for appropriate threads.

[MSimon]

He is a bit of a one-note Johnny on the subject of drug prohibition. Appropriate subjects for appropriate threads.

This is why:

"[Nixon] emphasized that you have to face the fact that the whole problem is really the blacks" Haldeman, his Chief of Staff wrote, "The key is to devise a system that recognizes this while not appearing to."

Clever boys. You would think the anti-slavery Party would be against that sort of thing. You would be wrong. They LOVE it. Too bad for them.

================

GIT that was not the Hollywood crowd. It was the Silicon Valley crowd.

It is amazing how much your brain will not let you see what is directly in front of your eyes. But it is well known that emotion clogs the brain and interferes with logical thinking.

And I believe the subject was entrepreneurs. And whadja know? The link is about entrepreneurs. Angel investors.

Let me add that the market in question is growing at 50% a year (roughly). It is just that kind of growth that attracts risk takers.