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Entrepreneurs: Growth catalyst to the economy

Jonathan Cronstedt offers positive view on entrepreneurs

Money doesn’t grow on trees, but it does grow where an entrepreneur sees an unsatisfied societal need and fills it. Although not always noticeable to the naked eye, a constant influx of entrepreneurs is vital to economic growth and stimulation because entrepreneurs literally generate wealth. Unlike typical companies that redistribute the wealth and resources that they already have, entrepreneurs introduce entirely new sources of wealth into the economy. In intuitively noticing a disconnect between the wants or needs of customers and the products or services available, entrepreneurs create innovative solutions to meet those wants and needs. These new and original items for consumption invigorate the economy by providing opportunities for growth and employment. The economy relies on entrepreneurs’ business endeavors to foster its stability and prosperity. So the next time you see an entrepreneur, check for a tree in her backyard, because you just never know.

With the global economy increasing in competitiveness, our economy needs new businesses to arise and provide jobs as unemployment rates grow and livelihoods sink. Entrepreneurs’ new businesses help the economy by acting as the catalyst for expanding the job market; their endeavors create a simple, profitable equation: businesses that entrepreneurs create = more jobs available; more jobs available = less unemployment; less unemployment = stimulated, healthy economy; stimulated, healthy economy = happy people; happy people = increased production; increased production = money grows on trees. You get the idea.

Creating businesses and jobs warrants the ability to effectively use money, raw materials, manufacturing facilities, skilled labor and land or buildings to produce a necessary product or service, all while arranging the marketing, sales and distribution of said product. Entrepreneurialism engages all this and more to effectively introduce a product into the consumer market. Though sometimes criticized as overly individualistic and competitive, entrepreneurship clearly requires collaboration for success. Entrepreneurship plays a crucial role in our economy’s success. Entrepreneurs provide solid examples of how to succeed for big businesses – corporate success and innovation stem from the individualistic, competitive frame of mind that entrepreneurs possess, married with their cooperative attitudes.

While we’re singing their praises, let’s just establish the fact that it takes a special type of person to be an entrepreneur – a person with a skill set that not all of us possess. Aside from their ability to stimulate the economy with their business endeavors, these people are smart, driven, see the big picture, look toward the future and never stop improving. So here’s to entrepreneurs: who they are, what they represent and how they positively affect our society and economy.

– Jonathan Cronstedt is the CEO of Empower Network, LLC. Empower Network is a leading affiliate marketing and direct sales company that’s helping tens of thousands enjoy the “Empowered Lifestyle.” Jonathan enjoys travel, spending time with his wife and red wine. Follow Jonathan on his blog athttp://jonathancronstedt.com/.

Featured image credit: ThinkStock.com

 

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