Being an Entrepreneur: The American Dream Success is often linked with entrepreneurship, which is also considered to be the “American Dream”. This is the idea of breaking the cage of a fixed salary and starting to work for yourself. Rather than creating wealth for somebody else and receiving only a fraction of what you could make on your own, you can create a business of your own that can earn multiple times more than your previous, yet secure, job. There are more than 28 million small business owners in America.
Entrepreneurship Isn’t the American Dream, It’s an American Reality Millions of immigrants came to the United States because they know this is the land of “Anything is possible.” Across the United States, immigrants are starting and building successful businesses that create good American jobs and promote our country’s economic growth. Immigrants, or their children, also founded more than 40 percent of Fortune 500 companies, which collectively employ over 10 million people and generate annual revenue of $4.2 trillion.
Why America Is Still the Land of Opportunity The Old American Dream is that you go to college, get a degree, go directly into a well-paying job in your field, work there for 30 years, then get a pension plan and a Rolex when you retire. The lesson there for entrepreneurs is to stay focused on the present. The New American Dream is a version of the entrepreneurial journey that is unlike anything that has ever existed before. The barrier to entry to becoming an entrepreneur is the lowest it's ever been right now. The biggest difference between the Old American Dream and the New American Dream is taking ownership of your destiny. With the New American Dream, you can start whenever you want.
America's Small Businesses in the Biden Era President Joe Biden wants to make small businesses a centerpiece of his economic policy plans. Women and minorities will receive special attention. The Small Business Administration (SBA) has some 900 small-business development and counseling centers. All of these are going to be the center of an enormous effort to make sure we get small businesses, particularly underserved women-owned businesses and minority-owned businesses, back on their feet. The SBA will play a key role in Biden's agenda.
Now Is a Great Time to Start Your Own Business Since 2020, 3.2 million people have filed for a US business application. Why now is a great time to start a business:
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