Hilary Parker

Jobless recovery or entrepreneurial surge?

In Uncategorized on July 13, 2011 at 9:28 am

 

Double-dip recession. Housing bubble redux. “Real” unemployment figures at 15 percent.

These recent headlines are enough to make many Americans lose their schmidt.

But I’ve had the good fortune both to work as an entrepreneur and to work with entrepreneurs. And I’ve got to tell you, the numbers don’t tell the whole story. There’s a whole section of the American workforce that’s pursuing their dreams and doing what they love.

Some of them couldn’t imagine leaving the safety of their well-paying job in order to start their own venture —until they got downsized. Others got tired of their employer’s cost-cutting practices — which left them doing the work of two employees — and thought, “Hell, if I’m going to work this hard, I’m going to work for me.” Others hit upon a way to make some income while job searching just out of college and ended up selling their start-up for serious money.

No matter how they got there, they have something in common: They’re not going back. They’re having way too much fun doing what they love to trade it all in for a “regular” job.

It’s also an exciting time to be a venture capitalist. VCs have more unique investment opportunities than at any other time in recent history, and plenty of rewarding work to be done helping guide first-time entrepreneurs.

Watch this blog for future profiles of a few of my entrepreneurial clients. But be warned — their enthusiasm is catching!

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