Entrepreneurship out of Necessity

Entrepreneurship out of Necessity  - http://www.drjeffcornwall.com Avatar Posted by NolanGreen under Global
From http://www.drjeffcornwall.com 2854 days ago
Made Hot by: Marketing_Mashup on July 1, 2013 5:01 am
I have been spending most of this month traveling with Belmont students throughout Eastern Europe learning about entrepreneurship.

While in Latvia, we saw huge numbers of “accidental” entrepreneurs. These are people who had never intended to be entrepreneurs, but who became self-employed out of life circumstances and necessity.

These accidental entrepreneurs were people who had been previously employed as professionals and workers in government-supported jobs. Latvia had been a communist economy when it was under Soviet domination for several decades after World War II.

But when the Soviet Union collapsed around 1990, many Latvians were forced to find new ways to make a living as the economy shifted from a centrally controlled economy to a market-based economy. The jobs that had been “guaranteed” by their government were gone.





Comments


Written by IntelBoutique
2854 days ago

Even in the U.S., entrepreneurship has been adopted as a means of survival. After all, when we were going through the recession, many of us had to find alternate income sources to pay the bills and keep food on the table. That meant turning to useful skills and talents we possessed, working for ourselves, whether full time or part time. We have more options here in the U.S. for such decisions, but we understand the necessity of it as well. Thanks for posting!



Written by lyceum
2849 days ago

Michelle Morgan: It is interesting to learn the old French origin of the word, entrepreneurship: "entreprendre to undertake".



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