Friday, February 6, 2009

Social Entrepreneurship

Social entrepreneurs start a business with the mindset of giving back to their communities.  A great example of social entrepreneurship is the recent trend with companies like Tesla. This is a company that is hoping for a profit while blazing the path in the electric car industry.  Not only are they building a car that is great for the environment, but they are accomplishing this great achievement without sacrificing performance or design.  The company began in Silicon Valley with the backing of venture capitalists and today they have two showrooms in California and are planning their expansion to the east coast. You can visit them at www.telsamotors.com.

Bryan Lawlor 

Monday, February 2, 2009

Predominance of New Ventures in the Economy

New ventures are alive in today's economy because of the inventive nature of Americans. This is coupled with the new growth industries that are alive and causing the biggest boom in entrepreneurship since the Industrial Revolution.  The focus of today's entrepreneurs is more than factory and production related, in particular for items that will be consumed within the United States. Today entrepreneurs have a variety of doors open to them from new phenomenons, such as "going green," and taking current American companies global, to the large boom in the service industry.  The United States today is much different from the past and I myself would look to the service industry as an opportunity for growth.  Even though it is more cyclical in nature,  the opportunities in all facets of the service sector are endless in today's society.  If I were to create a company I would look to helping the growing population of elderly with in-home care through a business that would send qualified individuals to help with day-to-day activities which become difficult for people to accomplish as they age.   

Bryan Lawlor