Where are all the millennial entrepreneurs?

Millennials (born 1977 to 1995) are not starting businesses at the same rate as previous generations.  Data from the US Small Business Administration found that fewer than 4% of 30-year-olds were self-employed full-time. At the same age, 5.4% of Generation X-ers and 6.7% of Baby Boomers were fully self-employed.  Overall, the number of self-employed AmericansContinue reading “Where are all the millennial entrepreneurs?”

What is a Business Model?

A business model is a repeatable process for how your business makes a profit.  It seems simple enough conceptually but, defining your business model is extremely important when building a company.  It may be easier to think about with an example.   Let’s say you want to open a pizza shop in your hometown.  You recentlyContinue reading “What is a Business Model?”

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