Carl Schramm on Entrepreneurship

Posted in Entrepreneurship on January 4th, 2008 No Comments

Thrilling Heroics is about personal development & lifestyle design for college students and young professionals. We talk about freelancing, leadership, personal branding, blogging, social media, personal growth, travel, and more. If you like what you see, please share your comments and subscribe to future updates.
Optimize your Life, Rock your Career, and Make the World your Playground!

Carl Schramm I’m still traveling through Spain for the holidays, but I have some useful goal-setting exercises on the way soon! In the meantime, here’s some interesting material to keep your appetite satiated.

At the 2007 Entrepreneurship Week USA opening ceremonies at Stanford University in California, Carl Schramm (President and CEO, Ewing Marion Kauffman Foundation) surprised some of the audience when he said that 70% of college students will start a business at some point in their lives. Schramm said that while our grandparents had four jobs on average, over the course of their entire careers, Generation Y students in general will look forward to working 13 major jobs during their professional lives! And who is responsible for creating all those new jobs? Entrepreneurs, of course!

Schramm is author of The Entrepreneurial Imperative and calls entrepreneurship the US’ “competitive secret,” which allows us to stay ahead of developing nations economically (who knows for how long?). Startup companies “birth the new” and give security to others by creating jobs, and they posses the only key to creating wealth! They even facilitate non-profits and philanthropic ventures. This presents an interesting new way to look at economic models that I hadn’t approached before: without the for-profit businessman to virtually create capital, governments could not operate (there would be no one to tax!), and the non-profits would not have any money for their causes. Without individuals to start up businesses, there can be no government, no philanthropy, no charity…

What Next?

Subscribe and Get the Latest

StumbleUpon! Stumble It

Save to del.icio.us Save This Page

Email Email To A Friend

Comment Leave a Comment »

Enjoying Thrilling Heroics?

If you find the free articles on this site beneficial, please show your appreciation and treat Cody to a cup of coffee! You'll help keep us online and ensure that the Thrilling Heroics community thrives.

(Click here to make a PayPal donation that supports the Site!)