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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…