Entrepreneurship: Are the Risks and Hard Work Worth the Benefits

Share Article

When you're contemplating starting a business, you have lots of questions. Serial entrepreneur, adjunct professor and mentor, Geri Stengel provides answers in a series free webinars and articles on Ventureneer.com.

However, many people aren't ready to take the plunge without knowing what they're getting themselves into.

The recession has driven many to consider what they might not have before - starting a business. Ventureneer.com responds by offering a series of three webinars to help would-be entrepreneurs determine if entrepreneurship is for them.

Necessity entrepreneurs, people who can't find jobs, increases during economic downturns, according to UC Santa Cruz economist Robert W. Fairlie, author of the Kauffman Index of Entrepreneurial Activity. Baby boomers will redefine retirement by starting their own businesses, which the Kauffman Foundation found as a major trend in "The Coming Entrepreneurship Boom," a report it recently published. Accessibility, ease-of-use, and lower technology costs, as well as cheaper and more effective online marketing tools, are providing the impetus for people to start enterprises. These factors, along with a new wave of skilled professionals affected by the economic downturn, will give rise to a new age of venture creation, according to Small Business Labs.

As a result, both the Kauffman Foundation and Small Business Labs expect the number of small businesses to increase in 2009 as well as failure rates, although not enough to offset the overall gain in number of entrepreneurs.

It is therefore no surprise that the most popular blog posts on Vistas: Ventureneer's blog written by Geri Stengel are:
There Is Never a Bad Time to Start Up a Company
The Benefits of Starting a Business During a Recession
The Stuff of Entrepreneurs and Social Entrepreneurs: Do You Have What It Takes?

Education, according to the Kauffman Foundation, Small Business Administration and World Economic Forum increase the survival rates and prosperity of small businesses, including nonprofits. "I saw a surge in the number of people taking my entrepreneurship class at The New School in the fall of 2008, which led the university and me to offer the class over the summer," said Geri Stengel. She added, "However, many people aren't ready to take the plunge without knowing what they're getting themselves into."

For these people, Ventureneer developed a series of three FREE webinars to help wannabe entrepreneurs sort through whether the risks and hard work are worth the rewards of being their own boss and in control of their financial destiny:
Entrepreneurship: Is It for Me?
Ways Entrepreneur Wannabes Can Determine What Kind of Business to Start
Is Doing a Business Plan Worth the Time for a Startup?

Geri Stengel is currently an adjunct professor at The New School. She has served as a mentor for social enterprises entered in business plan competitions at Columbia Business School and New York University (NYU), Stern School of Business, and has served as a nonprofit board member. She honed her online experience at companies such as Dow Jones and Physicians' Online. She cofounded Women's Leadership Exchange, an online and conference resource for women-led businesses, and founded consulting practice Stengel Solutions.

Ventureneer provides a new approach to learning that blends traditional formal instruction with informal learning derived from peers using Web 2.0 technology to capture and share this knowledge. Ventureneer's customized Web 2.0 learning environment: blogs, virtual classes, peer-to-peer learning, coaching, web events and articles, provide the necessary support to make faster, better organizational decisions. Vistas, a thought-provoking new blog written by Geri Stengel, is the first and webinars the second product released on the Ventureneer website.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Geri Stengel
Visit website