Tag Archive: Kauffman Foundation


America Falls Behind In Creating Rich Entrepreneurs

 

 

” The creation myth of American wealth is almost always rooted in the entrepreneur.

It’s the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program.

But despite the high-profile examples, America may actually be falling behind the rest of the world when it comes to creating entrepreneurial wealth. A new study from Barclays, “Origins and Legacy: the Changing Order of Wealth Creation,” finds developing countries now lead the U.S. when comes to wealth creation by entrepreneurs.

So is America losing its entrepreneurial mojo? There is some evidence that entrepreneurial activity is flagging. The latest data from the Kauffman Foundation found that there were 514,000 new business owners a month in 2012, down from 543,000 in 2011. The 2012 numbers marked the lowest in five years.”

 

 

Another one for the Obama record books … killing the entrepreneurial spirit … all is proceeding as Alinsky planned .

 

 

 

 

 

 

 

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Under “News you can Use ” comes this study , complete with a map of the business climate on a state by state basis .
  My one disagreement with the study would be the fact that New York somehow manages to escape an “F” rating . Having done business there for thirty years prior to “going Galt ” it is hard for me to imagine a less business friendly environment .
   Thanks to the Kauffman Foundation and ThumbThumbtack.com for publishing this .

How does your state fare ?

How does your state fare ?

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” Today Thumbtack.com, in partnership with the Ewing
Marion Kauffman Foundation, released new data showing that Idaho, Texas, Oklahoma and Utah
all earned A+’s for their friendliness towards small businesses. In contrast, small business owners gave California, Hawaii, Vermont, and Rhode Island an F, while New York narrowly avoided this lowest category with a D grade. Top performing cities included Oklahoma City, Dallas-Ft. Worth and San Antonio. “