If you are like me, you read a lot of “Young Entrepreneur” stories in the news media. For people in the midst of a career, we wonder whether the window to become an Entrepreneur has passed. The truth of the matter is that it has just started to open. Research by Carl Schram has shown that the average entrepreneur is nearly 40 years old.
Nobody likes student loan debt. An Article recently published by the Forbes explored the potential for problems associated with aggregate student loan debt. There are currently 44 million borrowers with $1.3 Trillion dollars of student loan debt. Bearing this in mind, the scope of the problem seems immense.
When most people think of small business, they instantly think of the shops and stores in their local community. However, there is a much more important segment to consider. This is the single person home-based small business. Why is this segment so important? Anybody can start a home-based business and scale it to generate recurring cash flows. One of the most compelling mediums for this brand of home-based business is the internet. By building a web-based small business, it can allow you to leverage technology as an accelerator. This will help you create a unique product or service for your customers.