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© 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

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1 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

2 © 2010 NEURS.COM. All Rights Reserved Business experts are predicting a massive rise in entrepreneurial activity world wide: “We’re seeing the beginning of the entrepreneurial economy.” Jason Daley, Entrepreneurs Magazine "In the future, the net source of new jobs will be predominately created from an entrepreneurial climate, not from revitalizing old industries.” George Solomon, George Washington University

3 © 2010 NEURS.COM. All Rights Reserved USA Today, September 30, In the second quarter of 2009, nearly 1 in 10 jobs seekers found employment by becoming an entrepreneur,

4 © 2010 NEURS.COM. All Rights Reserved And the pace of new startups has skyrocketed: a 100% increase in the first quarter of 2009 compared to the previous year! USA Today, September 30, 2009.

5 © 2010 NEURS.COM. All Rights Reserved 69 % More UNEMPLOYED American workers started a business in 2009 than in Source: Challenger Job Market Index 2009, Gray & Christmas

6 © 2010 NEURS.COM. All Rights Reserved We are in the midst of the LARGEST entrepreneurial surge the world has ever seen. Everybody wants in. By Phaedra Hise, Fortune Small Business February Everyone Wants to Start a Business, also by Phaedra Hise.

7 © 2010 NEURS.COM. All Rights Reserved Enrollment in entrepreneurship programs at universities is also BOOMING. The Entrepreneur Economy by Jason Daley, December 2009 Entrepreneur magazine. No, not just traditional business classes!...

8 © 2010 NEURS.COM. All Rights Reserved More than 2,000 TODAY Source: Dr. Craig Columbus, EP News April 2010

9 © 2010 NEURS.COM. All Rights Reserved This Universities get it … Entrepreneurs are the future. Source: entrepreneur.com. Names, trademarks and logos are copyright of each individual educational institution and are only used to explain that they currently provide entrepreneurial classes. Neurs.com is not related to any of these colleges or universities and does not endorse their curriculum or enrollment in these programs. Are you getting it yet?

10 © 2010 NEURS.COM. All Rights ReservedNortheastern University’s School of technological Entrepreneurship Survey But you don’t need to get a degree to start a business. Just an IDEA or concept you are passionate about! IDEA

11 © 2010 NEURS.COM. All Rights Reserved Northeastern University’s School of technological Entrepreneurship Survey 66 The percentage of entrepreneurs that claim they were inspired by a innate desire to start their own business... Not education or training.

12 © 2010 NEURS.COM. All Rights Reserved You don’t have an idea or solid concept ? Try franchising…

13 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

14 © 2010 NEURS.COM. All Rights Reserved That Franchising is used in more than 70 industries, with more than 3,000 different brands, almost 1 million establishments, generating over $1 trillion in revenue annually! Source: 70 industries 3000 brands 1 million establishments 1 Trillion in revenue

15 © 2010 NEURS.COM. All Rights Reserved Much like the word Entrepreneurs, the word 'franchise' is of Anglo-French derivation - from franc- meaning FREE! Source:

16 © 2010 NEURS.COM. All Rights Reserved Free! Think again… Source: as seen on $26,427 - $84,094 $40, ,300 $84,300 - $258,300 $102,250 - $161,150 $111,000 - $239,700 $537,750 - $1,765,300 $995,900 - $1,842,700 $3,716,000 - $13,148,800 Startup costs: Do you have that kind of money?

17 © 2010 NEURS.COM. All Rights Reserved Don’t despair, the biggest number of franchise opportunities are well below the $80,000 range. Entrepreneurs.com Viewed December 9,2009 In that range, the typical initial franchise fee costs $20-$35,000 …

18 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

19 © 2010 NEURS.COM. All Rights Reserved The U.S. franchise industry alone contributes 11 million direct jobs to our economy and 20 million in-direct? Source: as seen on , Start a franchise and help the world get out of this current recession. That’s more jobs than: The entire construction industry 7,336,000 The entire manufacturing industry 8,955,000 The entire financial industry 8,153,000 The entire oil and gas industry 9,200,000

20 © 2010 NEURS.COM. All Rights Reserved So, when is the best time to launch a new business? C: When unemployment is low! If you chose D, you’re right? D: During or after tough economic times?... A: During great economic times! B: When credit is flowing!

21 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

22 © 2010 NEURS.COM. All Rights Reserved …plus millions of other companies that employ millions of people today and have generated trillions of dollars to our economy… Source: Wikipedia.com. Names, trademarks and logos are copyright of each individual company and are only used to explain the time period where these great companies begin operation. Neurs.com is not related to any of this company and does not endorse the company or their products. …that these companies were started during or right after the GREAT DEPRESSION of the lat 19 20’s and 19 30’s ?

23 © 2010 NEURS.COM. All Rights Reserved …ALL started by entrepreneurs during or right after the GREAT DEPRESSION of the 1920’s and 1930’s!!!

24 © 2010 NEURS.COM. All Rights Reserved In fact, according to the Kauffman Foundation, more than half of the largest and fastest-growing companies in the country were formed during economic tough times. The Entrepreneur Economy by Jason Daley, December 2009 Entrepreneur magazine. >50%!!!

25 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

26 © 2010 NEURS.COM. All Rights Reserved The Age group showing the highest rate of entrepreneurial activity. Surpassingly, the age bracket has the lowest rate. Source: Dane Strangler, senior analyst at the Kauffman Foundation

27 © 2010 NEURS.COM. All Rights Reserved It shouldn’t be! Business week, October 19, 2009 The continuing job crisis is hitting young people especially hard

28 © 2010 NEURS.COM. All Rights Reserved Unemployment rates for ages 24 and under, august 2009* Business week, October 19 th Data by Eurostat, Japanese Statistics Bureau; seasonally adjusted expect for Japan. June 2009 In the US, the unemployment rate for year olds has climbed to more than 18%. 39.2% SPAIN 24.4% FRANCE 19.3% BRITAIN 18.2% U.S. It’s much worse in other countries…

29 © 2010 NEURS.COM. All Rights Reserved But aren’t young entrepreneurs leading the INTERNET revolution?

30 © 2010 NEURS.COM. All Rights Reserved What’s the average age of a U.S. born TECH entrepreneur, when they founded their company? C: 24 If you chose D, you’re correct! D: 39 A: 18 B: 29

31 © 2010 NEURS.COM. All Rights Reserved 3 biggest reasons why young people don’t start a business sooner: Not having the capital to jump start their business. Not having an idea or concept they believe in. Not having the right connections to help them get started. 12 3

32 © 2010 NEURS.COM. All Rights Reserved How about getting a loan from the bank? CNNMoney.com November 17, 2009: 10:11 AM ET By Catherine CliffordCatherine Clifford Where will most entrepreneurs find the capital they need to launch their businesses? “The 22 banks that got the most help from the Treasury's bailout programs cut their small business loan balances by a collective $10.5 billion ”

33 © 2010 NEURS.COM. All Rights Reserved How about starting a home-based business or trying a network marketing company?

34 © 2010 NEURS.COM. All Rights Reserved Source: Emergent Research 50% Percentage of U.S. business that are home-based !

35 © 2010 NEURS.COM. All Rights Reserved retail sales produced by Network marketing in the US. people involved in network marketing worldwide... and growing! the number of people that enroll in network marketing companies... every week ! 40 million $100 billion 50,000

36 © 2010 NEURS.COM. All Rights Reserved Think it’s just a few housewives selling makeup?. Source: Emergent Research 8% have incomes of $500,000 or more... Think again... 35% of home based businesses have incomes of $125,000 or more

37 © 2010 NEURS.COM. All Rights Reserved What about the high failure rates of new business? Business week What's Behind High Small-Biz Failure Rates? By Karen E. Klein According to the National Federation of Independent Business, it’s mostly a myth. 69% of business OVER A LIFETIME, will break even or make a profit! When failure in business is defined as bankruptcy… the number of “failures” drops to less than 1% annually! Translation: Don’t be afraid to start!

38 © 2010 NEURS.COM. All Rights Reserved Home-based business employ more than 13 million people in the US alone. Yes, that's 2 million more than Franchising!... And millions more than the construction, Financial, manufacturing, and oil and gas industries. Surprised? The world is changing fast. Keeping up yet? Home-based business Franchasing You shouldn’t be?

39 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

40 © 2010 NEURS.COM. All Rights Reserved Entrepreneurs are more likely to get involved in their communities… and they lead the nation in charitable donations. Everybody wants in. By Phaedra Hise, Fortune Small Business February Everyone Wants to Start a Business, also by Phaedra Hise. $232,206 $109,745 $11,015 Those who inherited wealth Those who’s wealth came form real state Who gives the least??? Entrepreneurs Entrepreneurs gave an a average of Among the wealthy…

41 © 2010 NEURS.COM. All Rights Reserved However...

42 © 2010 NEURS.COM. All Rights Reserved 66% Number of American entrepreneurs that have seen their sales and profitability decrease during the last recession. Carl Schramm, President & CEO, Ewin Marion Kauffman Foundation

43 © 2010 NEURS.COM. All Rights Reserved How are charities making up for this short-fall in contributions from entrepreneurs?

44 © 2010 NEURS.COM. All Rights Reserved The world needs a new wave of entrepreneurs. It’s coming!

45 © 2010 NEURS.COM. All Rights Reserved percentage of teenagers would like to start their own business someday. Junior achievement, Teens and Entrepreneurship poll, September Forrester, October % Where will millions of young adults find the resources to start their own business in the current economic environment? There are 73 million people under the age of 18 in the United States.

46 © 2010 NEURS.COM. All Rights Reserved Consider that…

47 50% Of entrepreneurs worldwide said it was more DIFFICULT to start a new business in 2009 than in GEM – Global Entrepreneurship Monitor 2009 Survey

48 © 2010 NEURS.COM. All Rights Reserved Yet the RICH keep getting RICHER… The average wealth of all BILLIONAIRES' rose by 500 million dollars in one year! The one’s on top made significantly more… Source: Forbes, March 29 th, Fortune October 19 th, 2009 $13 Billion $10 Billion $6.5 Billion $2 Billion Carlos Slim $18.5 Billion Bill Gates Warren Buffett The oldest Billionaire? John Klunge The youngest Billionaire? Mark Zuckerberg One thing they all have in common? They ALL started their own business!

49 © 2010 NEURS.COM. All Rights Reserved Only 8% of America's affluent inherited their wealth. --Harrison Group and Worth Taylor Harrison, March 2006 FACT:

50 © 2010 NEURS.COM. All Rights Reserved start your own business ! SO, play the odds

51 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

52 © 2010 NEURS.COM. All Rights Reserved Baby boomers will transfer $10 trillion to later generations. --Robert Avery, Cornell University, February 2006 The majority of boomer wealth is held in 12 million privately owned businesses, of which more than 70% are expected to change hands in the next years.

53 © 2010 NEURS.COM. All Rights Reserved DID YOU KNOW ?

54 © 2010 NEURS.COM. All Rights Reserved That... President Obama has repeatedly called on entrepreneurs to lift the U.S. out of the economic crisis. In September, his Commerce Department launched the Office for Entrepreneurship and Innovation to bolster startup companies. The Entrepreneur Economy by Jason Daley, December 2009 Entrepreneur magazine.

55 © 2010 NEURS.COM. All Rights Reserved Why is Entrepreneurship suddenly so popular? Sources: National statistics; Eurostat Think about it…

56 © 2010 NEURS.COM. All Rights Reserved Who were the countries hardest hit? How many millions of jobs were lost during the global recession? 10% FRANCE 9.8% UNITED STATES 8.6% CZECH REPUBLIC 8.4% CANADA POLAND 10.9% SPAIN 19.3% Sources: National statistics; Eurostat

57 © 2010 NEURS.COM. All Rights Reserved Most jobs that were lost during the last world wide recession will never come back. The ones that will, will come back slowly over the next 5-7 years. FACT:

58 © 2010 NEURS.COM. All Rights Reserved Could I afford to wait that long for the “good jobs” to come back? And how “good” were those jobs …that suddenly disappeared? What if it happens to me again? Ask yourself:

59 © 2010 NEURS.COM. All Rights Reserved If you have asked yourself these questions, you are not alone. What will happen if only a small percentage actually took ACTION? Millions of people worldwide are thinking the same thing!

60 © 2010 NEURS.COM. All Rights Reserved WHAT does this all MEAN ?

61 © 2010 NEURS.COM. All Rights Reserved The stage is SET for one of the greatest success stories of our generation... Will revolutionize the world of entrepreneurs as we know it …

62 © 2010 NEURS.COM. All Rights Reserved Come back on and find out how Will empower a new wave of Worldwide Entrepreneurs with the CONCEPTS, CONTACTS, and CAPITAL they need to being, or grow their own businesses. Join our newsletter, and be ready to see the world change right before your eyes on !


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