January 2011 Issue --> Business Article
Why Do We Need Entrepreneurs?
By: Julia Gentry


Fact. 1.5 million people are currently unemployed.

Fact. Since 2007, as a nation, we have lost more than 10.5 million jobs.

Fact. The U.S. population has grown by about 25 million people since 2000, and we needed to create millions upon millions of new jobs to support that increased population. Instead, we have lost a total of 3 million jobs since 2000.

Fact. There are more than 70 million Gen Y'ers coming into the workforce, all under the age of 30 in the next couple of years.

Fact. In America today, the average time needed to find a job has risen to 35.2 weeks.

Fact. 125,000 jobs need to be created every month to get our nation back to a 5% unemployment rate.

Fact. 75% of people want to start their own business someday.

Some have seen entrepreneurs as a "vital part" of our economy. They are considered the "risk takers". Others see them as the "lifeblood". I think entrepreneurs are the heartbeat of our nation.

And from the stats above, I don't think it requires much debate that entrepreneurialism is necessary in the coming years.

Without entrepreneurs starting businesses, there is no employment for other people. Without entrepreneurs the demand for jobs will only increase and the supply will only decrease, as seen in our economy today. With 1.5 million people currently unemployed and another 70 million Gen Y'ers are coming into the workforce, all under the age of 30. Where are they going to work??

The government cannot save us from a decrease in jobs. Sure, they can bail us out... for awhile, but they too will run out of money. And then what?

We are living in a world with 1.5 million people without jobs... why? Because we are lacking the education, the training, and the mojo to get out there and actually create jobs instead of demanding them. We are taught to go to school, get a degree, and then someone, somewhere will take care of you by providing you a job, with insurance, and health benefits. We live in a world of entitlement. We think that because we have gone to school, headed off to college, received multiple degrees, graduating at the top of our class that it should then grant us the reward of employment. I hate to break it to you but that is not always the case. Take a look around. Things are changing.

Am I frowning upon the educational system? No, absolutely not. What I am frowning upon is the sense of entitlement that we have developed. I think it is drowning the human spirit. I think it is keeping us from uncovering what we are really capable of and I think it is stifling the extraordinary things that are possible if we would only step out and make something happen.

Entrepreneurialism makes something happen. It takes nothing and turns it into something. It takes what used to work and makes it work again by being innovative and creative. Entrepreneurialism is something big. It is not a selfish thing, such as our world's common sense of entitlement. It is solving a problem bigger then one's self.

Example, if an entrepreneur creates a business that is successful, it will not only satisfy the needs of the consumers who will continue to buy, but it will also add more and more jobs, creating a demand for employees. With greater demand for goods and services, the greater the demand for employees. Google was just two employees about 15 years ago, now it is many thousands of employees in a new industry that did not exist 15 years ago. It was created by entrepreneurs.

We cannot get out of this debacle that we are in as an economy by doing what we have always done. We have got to change things up a bit and we have got to put a new way of living into action.

Our world needs leadership. It needs innovation, creativity, commitment, and longevity. Our world needs to be lead by a group of people that understand how to take themselves from the inside out and the outside in, to establish themselves as "power houses" that are going to rebuild our communities, our nation, and our world one person at a time simply by knowing how to leverage their abilities.

This is seen in the lives of entrepreneurs.

And our world needs more entrepreneurs. Our future depends upon it.

About the Author:

Julia Gentry
The Ultimate E

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