“Opportunity” entrepreneur or “necessity” entrepreneur?

Sunday's New York Times (August 23, 2009) ran an article apropos to this blog, and I thought you might want to check it out.  The title is "Unemployment can lead to entrepreneurship," with a secondary title of "On to Plan B: Starting a Business." 

The author: Mickey Meese. The link:  http://www.nytimes.com/2009/08/23/business/smallbusiness/23venture.html?_r=1

It introduced me to some interesting new terms: "opportunity" entrepreneurs, "necessity" entrepreneurs, "accidental" entrepreneurs, "unintended" entrepreneurs, and "forced" entreprenurs.

I didn't notice any mentions of  "voluntary," "choice," or "my passion" entrepreneurs.  Still, it did carry some good ideas. 

Along with some  case-studies of entrpreneurs-in-progress, some other interesting tid-bits (here are just high-lights, go see the whole article):

  • 320 of every Americans form a business each month. (No, no it's not the same 320 each month!)
  • By one measure, the top five areas of incorporation (of new ventures) are real estate, consulting, internet (including electronic commerce), retail, and construction/contractors.
  • Ernst & Young (once one of the Big Eight accounting firms, of which it's down now to something like Big Five) points out that entrepreneurs shouldn't be discouraged by a down economy.

The article also offers some sources for start-ups intimidated by the paper-work and start-up stuff.