As I write this, the world is facing its worst recession since the Great Depression. While the media and government focus on bailing out America’s largest companies, entrepreneurs are likely to be the real drivers of a turnaround. According to a 2009 U.S. Census Bureau study, startups remain robust even in the most severe downturns, and are a major contributor to job creation. Despite economic turmoil, entrepreneurs are likely to start over 6 million companies this year.
Entrepreneurs to the rescue