Entrepreneurship Works in America

Feb. 5, 2012 - PRLog -- Despite the widespread economic hardship in America, many entrepreneurs find ways to preserver building small businesses and careers as doctors, lawyers, engineers and teachers. We are all competing in a global marketplace that demands continuous learning at every level.    

Affordable mobile Internet tools enable access to enormous amounts of information and technical training. However, we still find inequities among race. For example, according to the FBI, the census statics show that although blacks constitute about 13% of the country they make up 58% of the state prison inmates. Currently, about 7.5 million people are on probation or incarcerated, over 3.2% of all Americans including blacks more than five times likely to be arrested. Therefore, it is no wonder that our children often lack the role models to support their dreams. In urban communities across America such as Chicago, Detroit, Baltimore, or Atlanta - kids lose hope living for 50% unemployment rates surrounded by violent poverty based on poor education, fear of law enforcement and unaffordable healthcare.

Facing economic hardships and seemingly on their own, increasingly we find younger generation looking to create their own jobs through entrepreneurship. Data shows seven out of 10 high school students wanting to start their own companies, according to Gallup Studies. Six in 10 females, seven in 10 Hispanic and eight in 10 African American high school students all interested in starting a business.  Several innovative organizations are involved in the growing charge by offering resources to young scholars such as Young Biz Inc., and The Ewing Marion Kauffman Foundation.

At times, whole communities are inspired by the national recognition of young entrepreneurs such as Justin Avery, 16 year old founder of Anderson Granola Trail Mix , 11 year old Jason ONeill’s Pencil Bugs – Awarded Entrepreneur of the Year 2007, or 17-year-old Kalief Rollins, the black winner of this year's Oppenheimer Funds/Youth Entrepreneurship Challenge 2009 for launching Phree Kountry Clothing, which sells custom T-shirts with positive messages. Highlights also include Zoe Damacela, a female black senior at Whitney Young High School in the Southside of Chicago. These young entrepreneurs did not wait to “find” employment instead creating their own successful businesses.

What qualities push successful young entrepreneurs to achieve such extraordinary heights?  
Today’s, young entrepreneurs by necessity do not limit their dreams. Like sponges desperate for fresh water, these kids, our new young leaders, seek to survive the fast paced, confused and violent world that surrounds them every day. If only given the proper guidance, most young adults soak-in every piece of knowledge available some able to cultivate opportunities into extraordinary achievements. Aspiring young entrepreneurs aim high knowing even if the dream falls short the valuable lessons gained open doors to lifelong success.

Technology infiltrates every aspect of kid’s lives from video games, cell phones, commercial television advertising to Internet pornography. Unlike past generations, this new breed of young leaders has been raised since birth surrounded by a constant assault of corporate interests seeking to capture their minds. The successful young entrepreneur learns to filter out these competing messages focusing their vast energy on business creation through community based enterprises.

It is a critical business skill to quickly sort through and separate vast amounts of information in order to indentify the valuable pieces that fit the entrepreneurial needs. For example, online social networks enable instant connections with local small business entrepreneurs within a defined geographic area. Whether it be landscaping, pet care or printing custom T-shirts, the young leaders of today are highly efficient using technology advances not previously available that have expanded the consumer’s ability to instantly shop for the best value.

However, despite the tremendous power of modern technologies the primary quality still necessary for young entrepreneurs to succeed involves creativity, self determination and family. It is important to recognize by providing guidance and opportunity, a generation of new young leaders has already begun to contribute valuable economic solutions.

About Author
Mr. Rickman is a respected analyst, innovative expert in business development and media information services with over 30-years experience, published worldwide. http://www.iHumanEvolution.com

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