An entrepreneur income might be as volatile as the stock market, but he or she will never be without a job. Looking for a good company to work for, buying a home, having 2 or 3 kids, contributing to a defined pension fund, and retiring at the age of 65 are no longer the norms for new college graduates
Companies are not looking into building long-term relationship with their employees. Most of them no longer provide defined pension funds, good health care, and continuing education for their employees. You might be in the relationship for the long run but your company is not-Just remember what happened last time you were in a relationship for the long run and your partner was not--you got your heart broken. Millions of American workers got their heart broken by companies they worked for decades. When times are tough for you, you cut back on things that are trivial and unimportant. Despite of the widely available empirical studies that discount the process, first thing companies do when times are tough is firing good employees. I hope you get the message—you are trivial and unimportant to them.
Many sources point out that generation X, Y, and Z have the same mentality as big companies—they, too, are not in it for the long run. However, their decisions do not change big companies’ abuses. When they left a bad company, they often go work for another big-bad company—it becomes a vicious cycle and it has to change.
If you do not have a college degree, you might not be able to reverse the vicious cycle because we are in a knowledge-based economy. Therefore, I count on college graduates to reverse the cycle and reversing it is simple
Although the US economy is slow-moving, Brazilian, Chinese, and Indian economies are thriving. The preceding countries middle class is on the rise which creates many opportunities for professional American workers. A Rising middle class will be in need for personal finance advisers, career advisers, legal services, and others. As a college graduate, you can populate your skills into a great domestic and international business that can cater to middle-class families and individuals abroad. Relevant technologies can reduce start-up costs, working capital, and reserve.
The US economy is like an old car, it will never function as it used to, but BRIC's (Brazil, Russia, India, and China) economies are like new Cadillac you can cruise many years to come. So, get off the couch and start making moves.
Not everyone with a college degree has the drive, determination, virtue to become a successful entrepreneur. However if more college graduate workers decide to allocate their time and knowledge towards entrepreneurism, big bad companies will force to change their current deliberate plan on internal customers.
Before you start drafting a comprehensive business plan for your international venture, borrow a copy of Thomas Friedman’s book, “The World Is Flat” from your local library.
Author Resource:
Author Bio:MacKenzy Pierre is the President and CEO of MacKenzy Credit Group-A personal finance company http://www.mackenzycreditgroup.com
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