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***Starting a Business is Easy. Staying in Business is Hard!

Written by Michael Sexton, Trump University, The Official Guides to Real Estate

Topic: Business OpportunitiesPublished April 14, 2009
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Let The Entrepreneurship Mastery Program make your start-up a successnnHow many people start new companies every month? Who are they? Just yesterday I was reviewing some data from The Kauffman Foundation that answers those questions, and more:
  • 550,000 Americans start new businesses every month.
  • Men are two times more likely to start businesses than women are. I know so many successful women entrepreneurs, that's a shocker to me.
  • Hispanic Americans continue to start new businesses at a rate that outpaces all other groups. They are the heart and soul of American entrepreneurship.
  • African-Americans lag behind when it comes to starting new businesses. That's disturbing. But growth is picking up and one day, we'll see parity or better against other groups.
  • Immigrants are more likely to start businesses than native-born Americans are. They're really contributing to our economy.
nBut there's also one killer statistic out there, from my point of view. It comes not from Kauffman, but from the U.S. Small Business Administration and other sources . . .nn At least two-thirds of new businesses fail within the first four years. That's right, at least 366,000 of this month's 550,000 new businesses will be history by year 2010. And as I mentioned on this blog on June 27th, the reality might be even worse than that. After all, entrepreneurs are slow to report their own failures.nnWill You Succeed or Fail? If you're armed with the know-how you need, you will succeed. You can be one of the 1/3 that grows and thrives. And the good news is, that knowledge is now available as it never has been before, in one of the most powerful programs ever available for entrepreneurs. It is Trump University's Entrepreneurship Master Program.You've read about it here. Some of the greatest entrepreneurial thinkers in the world have built this unique program, which can give you the winning edge in today's ultra-competitive climate for start-ups. It's the kind of knowledge that most entrepreneurs gain only after years of running a business . . .
  • How to conduct powerful market research that assures your product or service will succeed, not fail.
  • How to start at the right size - not too small or too big - and assure positive cash flow before you even open your doors.
  • How to secure funding that will support, not sink you.
  • How to hire the right employees, lawyers and accountants when you need them - and not a day before.
nThose are only a few highlights of the program. So if you are ready to get started on the route to entrepreneurial success . . .. nWhy I am making such a strong case for The Entrepreneurship Mastery Programto you this morning? It's because of all the courses we offer at Trump University, it lies at the heart of our mission to help your dream succeed. And when I think that two-thirds of all new companies fail - well, that's a mission right there. It's a statistic that Trump University ought to be able to change.

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We've been here since 2005, and we're always looking ahead. Business people demand education they can apply to the real world, today.n n We teach real-world education differently than traditional educational institutes do. We believe people absorb more efficiently and faster when they learn by doing. Visit www.trumpuniversity.comn Additional Resources covering Self Realization can be found at:n nnWebsite Directory for Real Estaten nArticles on Real Estaten nProducts for Real Estaten nDiscussion Boardn n Trump University the Official Guides to Real Estate