Are There More Business Owners ?

business owner

Being entrepreneur myself, I set out to uncover the reasons why there were so few entrepreneurs in America. According to statistics compiled by the federal government, less than 10% of individuals are entrepreneurs. However, this small pool of individuals account for half of all the employment created in the United States. During some extremely rough math I figure that if you could increase the percentage of entrepreneurs and small businesses to just 11 or 12% could create enough jobs to bring the unemployment rate down considerably.

I sometimes use the movie “The Matrix” as a metaphor for the difference between employment and entrepreneurship. I will explain this metaphor in greater depth. For those who have not seen the Matrix, the Matrix is about a world that is dominated by man-made machines which became self-aware and enslaved humanity. These machines use the energy created by the human body to power themselves. In order to keep the humans occupied, alive and oblivious to their true existence a massive computer program called the matrix was created that acts as a virtual reality world in which every human being was plugged into and living their lives. These humans were unaware that the life that they were living was nothing more than a video game.

Of course most people point out government regulation, taxes, and other external forces which make it hard for small businesses to start and grow. However, as I and other small businesses know, even with all the regulation and extra real economic forces, any business can succeed with the proper planning and determination. So I wondered why is it that more individuals do not shift to being self-employed business owners. I’ve been trying for years to build other businesses and help others become self-employed entrepreneurs. During this journey I started to realize something. Entrepreneurship takes more than just learning certain organizational skills or even the discipline necessary. Almost everything when it comes to business ownership can be learned. But there is one thing that separates business owners from the rest of the population.

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