Self-Employment Essay -- Jobs Businesses Papers

Self-Employment Today large companies ar downsizing and reengineering with much more than frequency, and it would front that the trend has become unity of people showtime their own handicraft. An kindle statistic stated that in the United States a new small business is started every 11 seconds (of course many do fail, but they are started all the same). (Sullivan) We must also keep in mind that starting a business and cosmos self-employed are not eer one in the same-as this paper will examine in more detail. People can be, and often are, simultaneously owners, self-employed producers, and capitalists. It was stated that, In traditional economics a basic principle is that economic resources-the direction of producing goods and services-are limited or scarce. Economic resources are defined as post resources-land or raw materials and capital-and human resources-labor and entrepreneurial ability. therefore, entrepreneurial ability is one of the four cornerstones of our scrimping. (Kautz, Entrepreneurial Issues.) The availability of all of these resources in turn, determines the vitality of the economy and its growth. Although to be an entrepreneur does not require that one be self-employed, being self-employed does require that one, at least to some extent, be an entrepreneur. Therefore it is important to understand what it is to be an entrepreneur as well as what it takes to be an entrepreneur. The basic components of entrepreneurial ability can be reduced to four basic components. First, the entrepreneur is the one who takes the first step, and thus the initiative, to integrate the individual parts of land, capital, and labor to produc... ...ary/ periodic/1999/aa051799.htmKautz, Judith. Entrepreneurs Add Vitality to the Economy. July 2, 1999. WYSIWYG//24/http//entrepreneurs.s/ subroutine library/weekly/1999/aa070299.htmKautz, Judith. Entrepreneurship Beyond 2000. WYSIWYG//29/http/ /entrepreneurs.s/library/weekly/1999/aa112599.htmMartin, Ed. Entrepreneurs and weensy Business. Whats the Difference? wysiwyg//53/http//sbinformation.ation/library/weekly/aa082800a.htmPettersson, Edvard. Countering View of Immigrants as Entrepreneurs. Los Angeles Business Journal. January 24, 2000. The Gale Group (CBJ, L.P.).Sullivan, Robert. Nine Steps to Success. The Small Business Start-up Guide. wysiwyg//17/http//www.bizproweb.com/features/9_steps_to_success.htmlTop 10 Reasons Small Businesses Fail. wysiwyg//14/http//about.allbusinormation/general.jhtml?fname=10207