Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

The boon of #entrepreneurship in The U.S.

Name: The boon of #entrepreneurship in The U.S.
Uploaded: 2024-06-26T14:27:21+00:00
Duration: 55 s
Channel: Tom Burton
Description: Tom Burton (speaker) comments that about 20% of American adults are considering entrepreneurship—the largest level ever—and emphasizes that while…

26 Jun 2024 · 1 min

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Tom Burton (speaker) comments that about 20% of American adults are considering entrepreneurship—the largest level ever—and emphasizes that while starting a business is inherently difficult, societal and governmental friction (notably regulation and access to capital) makes it harder. He advocates reducing those frictions to better convert interest into startups.

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20% of American adults

June 26, 2024

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Is 20% of all American adults are considering entrepreneurship. Right. Which is the largest it's ever been. Yep. And then he goes on further, which I completely agree with, which is what are the challenges that exist to building a business? I think that we have to figure out, and I say we as a society and, and government or whatever, is to make it easier, or at least less friction for maybe not easier, but less friction for entrepreneurs to get started. And I think we make it more difficult than it it's already difficult. Right. So don't by no means am I saying it's easy, but I think we make it more difficult. And if we got 20% of the population thinking of entrepreneurship, and we make it more difficult, like you just pointed out, regulation or even access to capital or just anything.