Full Sail University's very own Ron Cook posted a recent blog entry that peaked my interest regarding entrepreneurship. Mr. Cook addressed the notion that in these tough economic times when unemployment is at record highs, you should employ yourself! Business program college graduates amass all this knowledge of how to run business the right way so that someone else can reap from their understanding.

It should be noted that part of Mr. Cook's job description is to consult with students regarding the plausibility of their business plans. Narrow focus that addresses a need that is not being met in the marketplace is key according to Professor Cook. Also, he says that seed investors should include family because if an angel investor has to ask you if any family gave to your idea and you say none have then why should a person that doesn't know you at all give one red cent? Moreover, Prof. Cook explains differentiation as something necessary and not cliché.

I agree with all points brought forth in this insightful article. I would even add a few things of my own. Today more than ever diverse revenue streams are needed to compete with the growing cost of basic necessities. Normal jobs by themselves will not fund retirement because social security may not even be there. Plus, to qualify for this government assistance you have to be worse off than any of us want to envision ourselves. Consequently, investing, learning the stock market, creating residual income, and understanding the world economy (not just domestically anymore) is a growing need.

Schools do not teach things even as simplistic as Monopoly, why? Perhaps the AG student in the 1^st grade would be better served playing a game from Milton Bradley than Activision or some other video game. These are the thoughts of an aspiring business owner. People around the globe 

love what the United States stands for with democracy and interestingly at its fundamental concept business wise the picture of what we as Americans represents can be seen in the simple form of a Flea Market. That is free enterprise at its finest.

References:

Cook, R. (2011). Cooking up an opportunity. FSO blogs EBMS. Retreived on

August 6, 2011 from

http://www.fsoblogs.com/ebms/2011/8/3/cooking-up-an-

opportunity.html