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Out of Our Minds
Monday, June 13, 2005 11:52 AM
Surprising News From Where I Sit
Kevin Salwen on Business

A new report guesstimates that 18 million Americans started or ran businesses last year, which would mean a 4 million decline from the year before. According to a survey of 12,000 people ages 18 to 74 by Florida International University's Paul Reynolds, the pace of small-business creation or operation is dropping significantly.

'I don't know why they're not seeing the opportunities,' Reynolds said. 'That's the important question. There's no question they've changed their view.'

People are starting fewer companies?? They're joining -- or staying with -- big companies more often?? I'm shocked. From my perch, entrepreneurship seems like the place where opportunity is the greatest, where connection to personal values is the highest, where control of one's destiny is utmost, where the chance to live your passions is peak. Are fewer people desiring those characteristics in their work? Or could it be another factor? Or, dare I say it, flawed research?

1 comment

Mark Sicignano - 6/17/2005 9:55:49 PM
I seem to recall reading something a while back about who people have been effected by 9/11 and the events that followed. Turned out people were making interesting purchasing choices that leaned towards things that made them feel more 'secure'.

Sorry I can't remember where I saw the story.

Could the same psychological forces be at work here as well? Could it still be at work almost four years later?

I actually quit my job one week before 9/11 and started a new one. Then about 1.5 years later I had a handful of events change me in profound ways. I had some of the biggest learning or eye-opening experiences that made me realize that I wasn't happy, and I was working for everybody but me.

I quit my job as a director of software development at a document management company and joined with friend/co-worker to chase after something that fulfilled the qualities that you mentioned above in your post.

No regrets so far!


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