Why Entrepreneurship Training?
Did you know the following U.S. 2001 economic statistics?
(Source: U.S. Small Business Administration, Office of Advocacy)
| Number of Non-Farm Private Sector Employees: | 110,705,661 |
| Number of Self-Employed Individuals: | 9,826,000 (9% of total) |
| Number of Individuals Employed By Small Business: | 55,729,092 (50% of total) |
| Number of New Business Starts: | 574,500 |
| Number of Business Terminations: | 585,800 |
So what do these numbers tell us?
From a business and economic development perspective:
There are a tremendous number of people who are self-employed or who work
in a small business. Clearly entrepreneurship/small business is the engine
that drives our economy.
Starting a business is a high-risk proposition … with more terminations than starts.
From an educational perspective:
There is a critical need for our