The Parent Guide –to- Save Black Boys, was written to teach families how to identify and cultivate traits found in children, who could potentially be next generation entrepreneurs.
May 28, 2007 (Press Release) --
Once, these traits are identified and enhanced these entrepreneurs will be sort by; angel investors, venture capitalists, government officials and others. Entrepreneurship is the driving force of the new U.S. Economy and during the past 15 years, businesses established less than five years, accounted for more than 70 percent of all new jobs created in the United States. While America, presently maintains the edge as an entrepreneurial society, there are clear signs of major increases in economic competition from abroad. In order for the United States to stay ahead of other countries with emerging global economies and larger populations, it well need to generate better ideas and more innovations through entrepreneurship.
James Flanagan a New York Times, reporter, said that “corporate chief executives may have been the heroes of American business in bygone decades, but these days the entrepreneur is king. They are praised for creating most of the jobs and much of the innovation in the American economy. These small business owners are now receiving big money from individual investors and angel investment capital firms”.
The U.S. Pentagon is currently seeking entrepreneurs to assist in the developing of future weapons to fight terrorists. According to a May 2007 article, in the Washington Post, they are assigning this task to venture capital firms to locate and fund the entrepreneurial groups that show potential.
Today, the US is considered the world’s leading Entrepreneurial Society. The Band of Angels was the first to offer angel investment capital to start-ups using an organized group structure in 1994. They were established in Silicon Valley California, during the Dotcom Boom Era. Now they are expanding to China, opening angel investment capital chapters in Beijing and Shanghai. However, they have not yet open chapters in large US cities such as; Detroit and Baltimore.
Black families must get organized and provide educational and financial support for their next generation entrepreneurs. Family, reunions can be restructured to identify and encourage the growth of these young people, even the one’s that may have dropped out of school. They can start small business investment clubs, to fund new concepts, some could change the economic complexity of a community and someday could export products and services around the world. If the Black Community and other minorities want to play a major role in the new global economy where entrepreneurship is so prized, they must teach their children how to use the experiences and skills their ancestors gained from hundred of years of living and working in the United States. The goal of every family that include children with entrepreneurial talents should be to help prepare them for the new American Entrepreneurship Phenomena that is beginning to sweep the country and currently being made available to all young entrepreneurs, whether they are black or white. All Communities must start to establish, young entrepreneur training camps, offer special seminars, workshops and other events to attract and train these future business leaders.
The United States need young entrepreneurs more than ever before," said Carl Schramm, President and CEO of the Kauffman Foundation. Their research found that 41 percent of children ages 9 -12 in the U.S., say they would like to start their own business. "Young people have a natural desire for the independence and control that come with owning a business being their own boss," Schramm said. For the past two years, the United Kingdom has conducted a program, called; “Enterprise Week”. This year, as part of the second annual Enterprise Week, more than 11,000 young Britons participated in more than 2,200 events across the U.K. Educating our young people about entrepreneurship and reinforcing the values that entrepreneurs with innovative ideas can bring to the U.S. Economy which is critical to America's long-term prosperity
James Flanagan a New York Times, reporter, said that “corporate chief executives may have been the heroes of American business in bygone decades, but these days the entrepreneur is king. They are praised for creating most of the jobs and much of the innovation in the American economy. These small business owners are now receiving big money from individual investors and angel investment capital firms”.
The U.S. Pentagon is currently seeking entrepreneurs to assist in the developing of future weapons to fight terrorists. According to a May 2007 article, in the Washington Post, they are assigning this task to venture capital firms to locate and fund the entrepreneurial groups that show potential.
Today, the US is considered the world’s leading Entrepreneurial Society. The Band of Angels was the first to offer angel investment capital to start-ups using an organized group structure in 1994. They were established in Silicon Valley California, during the Dotcom Boom Era. Now they are expanding to China, opening angel investment capital chapters in Beijing and Shanghai. However, they have not yet open chapters in large US cities such as; Detroit and Baltimore.
Black families must get organized and provide educational and financial support for their next generation entrepreneurs. Family, reunions can be restructured to identify and encourage the growth of these young people, even the one’s that may have dropped out of school. They can start small business investment clubs, to fund new concepts, some could change the economic complexity of a community and someday could export products and services around the world. If the Black Community and other minorities want to play a major role in the new global economy where entrepreneurship is so prized, they must teach their children how to use the experiences and skills their ancestors gained from hundred of years of living and working in the United States. The goal of every family that include children with entrepreneurial talents should be to help prepare them for the new American Entrepreneurship Phenomena that is beginning to sweep the country and currently being made available to all young entrepreneurs, whether they are black or white. All Communities must start to establish, young entrepreneur training camps, offer special seminars, workshops and other events to attract and train these future business leaders.
The United States need young entrepreneurs more than ever before," said Carl Schramm, President and CEO of the Kauffman Foundation. Their research found that 41 percent of children ages 9 -12 in the U.S., say they would like to start their own business. "Young people have a natural desire for the independence and control that come with owning a business being their own boss," Schramm said. For the past two years, the United Kingdom has conducted a program, called; “Enterprise Week”. This year, as part of the second annual Enterprise Week, more than 11,000 young Britons participated in more than 2,200 events across the U.K. Educating our young people about entrepreneurship and reinforcing the values that entrepreneurs with innovative ideas can bring to the U.S. Economy which is critical to America's long-term prosperity
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