Entrepreneurs Can Rebuild America

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Recommended: Human resource management issues and challenges

Its 10 minutes to the close of business and the Human Resource Manager of your department calls you into a meeting. With bills piled high and debt skyrocketing, the last place you want to be, at this moment, is in your hiring manager’s office. “Have a seat” your manager instructs you do as he pulls out your file and begins to share with you how outstanding your work performance has been over the years. So far, your conversation with him indicates that everything is fine until you hear the words “it’s not you but the company” come out of his mouth; followed by an unjust explanation for why the company – the same one you invested 15 years of your life – could no longer keep you employed but had to abruptly “let you go". With no unemployment check to aid you and no other company willing to hire an “under-qualified or over-qualified” worker as yourself: desperate times call for desperate measures. Seemingly defeated, you gather your belongings and say your goodbyes as you ponder one of your old business idea and think to yourself “I never know…until I try.” An increase in business ownership can decrease the economic crisis in America.
Throughout history, entrepreneurship has contributed to the economic growth of America during our most vulnerable times as a country. Against all odds, we have experienced the birth, growth and continued success of many well-known companies since the mid-1800s. The entrepreneurial ideas of innovators, such as Thomas Edison (General Electric), Bill Gates (Microsoft) and Frederick Smith (FedEx), still give us lucrative products and services that generates billions in revenue, to this day, from decades ago (Parker, Tim). In 46 countries, we are able to make reservations at an upscale Hyatt Hotel t...

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...s challenge?

References
Fairlie, Robert W. http://www.strategy-business.com/article/re00240?pg=all. 21 June 2013.
Horner, Dan. http://www.usatoday.com/story/money/business/2013/04/14/middle-class-hard-define/2080565/. 14 April 2013.
Karol, Gabrielle. http://smallbusiness.foxbusiness.com/entrepreneurs/2013/09/03/for-entrepreneurs-us-comes-out-on-top/. 03 September 2013.
Lynch, Alec. http://www.forbes.com/sites/realspin/2013/07/24/10-reasons-the-best-time-to-start-a-business-is-during-a-downturn/. 24 July 2013.
Matthews, Christopher. http://business.time.com/2013/10/22/jobs-report-the-us-economy-still-in-desperate-need-of-eltro-schock/. 22 October 2013.
Parker, Tim. http://www.investopedia.com/slide-show/recession-businesses/. 30 October 2013.
Pofeldt, Elaine. http://www.forbes.com/sites/elainepofeldt/2013/05/27/u-s-entrepreneurship-hits-record-high/. 27 May 2013.

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