Yesterday morning I was enjoying my breakfast in the hotel restaurant and perusing the current issue of USA Today, when I came across an insightful article on the role of entrepreneurship in today’s economy by Amy Wilkinson. The article describes how our country was founded by entrepreneurs in very troubled times, and how many of today’s great success stories like eBay, Google, PayPal, Burger King, FedEx, Intel, and Microsoft were started by innovative entrepreneurs in troubled times and down economies.
I think the article’s conclusion really brought the point home: Our prosperity depends on innovative thinking. Instead of bailing out behemoths that are “too big to fail,” we must remember that mom-and-pop businesses, garage start-ups and small ventures are the reason we succeed. Read the whole article. . .