Research on the massive increase in global Entrepreneurship
More people than ever want to become Entrepreneurs.
It is based on:
- Interest (record levels)
- Necessity (jobs are disappearing at light speed)
“For many years, our schools and universities prepared our professionals to work for someone else,” said Crespo during an interview in the capital, San Juan. “So we didn’t develop a full ecosystem, we didn’t create a culture in which students from the universities thought, you know, gee, how can I become an entrepreneur?”
"As we know from the Tupperware experience, we can create huge opportunities by offering basic things like microfinance, training, and coaching.
Currently, around 80% of all new businesses in the U.S. fail within the first five years. However, we can sharply boost this rate of success if we give people proven templates that help them build their own business. At Tupperware, with our sales force of more than 3 million people, we often see the power of this approach, especially for women living in emerging economies.
Mandated “job creation” will not abolish poverty, but simply trap people in dead-end roles. Instead, we need to give people the tools and skills they need to strike out on their own."
- Rick Goings is chairman and CEO of Tupperware Brands Corporation.
The financial times just reported on the growth of markets in developing countries and the speed of the growth is mind-blowing.
The economic map is being re-drawn right in front of our eyes and The Brookings institution says by 2030 the middle class in Asia will have grown from 525 m today to 3 bn. And India will be the largest consumer in the world. The opportunity for entrepreneurs in that region is enormous. And with Cubimo, people can start their business faster.
Joakim Fohlman is a multi entrepreneur since 1999, the founder and CEO of Cubimo and the main author of this page. See more at Wikipedia: