Category Archives: Entrepreneurship
College graduates from the years 2007 through 2012 are facing one of the toughest job markets ever. Many of these promising young adults are either still unemployed, or they are “under employed”, meaning they have a job that is well below their acquired skill set or talent level. Quiz your local barista at the corner coffee shop about their background and you’ll very likely hear, “I’m just doing this until I find something in my field”. The challenge for many of these grads is that “their field” as a graduate with an English Literature, Psychology or Sociology degree doesn’t appear to be moving up the list anytime soon, if ever, of degrees which employers are currently hiring from.
According to a recent study by the U.S. Department of Labor, the top 10 jobs being hired for are:
- Software developer (systems software)
- Physical therapists and assistants
- Software developer (applications)
- Market Research Analyst
- Cost Estimators
- Database Administrators
- Information security analysts
- Web developers
- Computer network architects
- Computer system administrators
Your child, or the child of someone you know, may be one of those poor graduates whose college didn’t even offer half of these careers as majors. How can you help?
As an entrepreneur you can take the initiative to mentor one of those struggling grads and teach them the advantages and benefits of owning their own business. Ask them what they would like to do if they could pick any career, then brainstorm with them on how they could either go back to school and get the additional education/certification they need, or show them how they could start their own company (assuming the initial investment was much more labor intensive than capital intensive).
Those of us that are entrepreneurs wouldn’t want to be on that top ten list. We’ve poured our lives into building something that is ours, and in many cases can be passed on to our heirs as a legacy. Take an hour or two and invest it in a young man or woman and tell them about the virtues of being an entrepreneur. It’s not for everyone, but the next great invention just might come from someone that connected with entrepreneurship after learning about its advantages. Let’s do our part to help the next generation enjoy the benefits and self-satisfaction we’ve enjoyed by charting our own course.
Regents Bank is a community bank with offices serving businesses throughout San Diego County and Vancouver, WA. For more information on how our “consultative banking” approach can help you build your company visit our websites “Business Advisory Services” section.