Tuesday, 12th December 2017

Year of the Entrepreneur

Posted on 23. Feb, 2012 by in Blogs

Yesterday we watched Governor Bob McDonnell sign the proclamation designating 2012 as the Year of the Entrepreneur. Virginia’s tendency towards business friendliness already produces one of the highest startup rates in the US, which corresponds to a relatively low unemployment rate. (The Commonwealth ranks 9th lowest in unemployment.)

How does Virginia perform so much better than its counterparts? The Governor invites meaningful dialogue between small business and government to gain a clear understanding of the challenges entrepreneurs face… and then works with our legislature to take action.

So, what does that mean to residents? If you’ve been thinking about taking the plunge, it’s time to stop thinking and start doing. The Commonwealth has a number of quality programs and resources available. You might want to start by checking into the Virginia Department of Business Assistance and picking up the Small Business Resource Guide.

You might also want to take a look at FounderCorps. Located in our back yard, people who have ‘been there, done that’ in high growth businesses volunteer their time to promote ‘a broader and deeper entrepreneurial experience.’

While small business owners receive advice from all types of professional services providers, FounderCorps takes formal, organizational roles and economics out of the picture. Their approach to mentorship improves the quality of the advisory relationship, which can make a big difference in the success of your business.

For those of you who read yesterday’s blog, I calculated the ratio of men to women in the room. With an estimated 75/25 split, we have already blown California out of the water. Let’s keep the momentum going.

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