Wednesday, July 8, 2009

Is Entrepreneurship the New Employed?


With all of the layoffs occuring around the nation, many people are turning their face to the possiblity of entrepreneurship. Is that the right way to go? I'm sure lots of people have an opinion and of course, I am going to share mine.

The way I see it, job security begins when you work for yourself. But can I confidently say that everyone is an entrepreneur? Absolutely not. Everyone does not have the discipline, knowledge, expertise and desire to obtain what it takes to be a successful entrepreneur. And there's nothing wrong with that but you must know yourself and your abilities. Let's be real, it sounds so good to be able to say 'I'm an entrepreneur.' It makes you sound astute, well positioned and discplined but words are just that, words. Words don't pay the bills and words won't give you a good night's rest.

An then there are varying levels to entrepreneurship...a home-based business like Mary Kay, Silpada Jewelry, Pampered Chef, those businesses are you taking a crack at selling a product that someone else created and earning extra income or replacing your income if that is your desire but to some, that is not true entrepreneurship.

Entrepreneurship is defined as the act of organizing and managing any enterprise, esp. a business, usually with considerable initiative and risk. So to say that there is considerable risk with a home-based business like those described above, who knows, but to many it doesn't meet the definition of true entrepreneurship. I think that is because those home-based businesses come with a network of people and resources ready to help you succeed in a business with a business plan and training program that the founder created where as having your own business from the ground up means that you have to meet, groom, and develop your own network of people and resources to help your business succeed. Essentially in those companies the work has already been done to make the venture seem easier for you. When you are a company of one...you can see that there is definitely a different way of looking at things.

See the difference?

Well, that's where the Center for Women's Entrepreneurship comes in....we can help you, the true entrepreneur, as defined above develop the skills, network and resources to grow your concept into a viable business.

Is entrepreneurship the new employed? I don't know but what I do know is that many are called but few are chosen. Let the YWCA Center for Women's Entrepreneurship help you to see if your number has been called.
The YWCA Center for Women's Entrepreneurship is funding in part by the US Small Business Administration and is located strategically in the Department for Economic Advancement at the YWCA. For more information, please visit http://www.ywcade.org/ or call 302.224.4060.