US Startups Face Slow Growth, Entrepreneur Karl Andre Talbot Comments

PHILADELPHIA, PA, May 30, 2013

Having worked in several global industries and created a few of his own companies, Karl Andre Talbot is one professional who understands the true value of entrepreneurialism in today's economy. According to Talbot, today's entrepreneurs are the individuals who will be responsible for creating a more vibrant, creative and resourceful economy in the upcoming future. Despite Talbot's optimism, a recent article from USA Today suggests that startup growth in America has slowed a great deal, leaving many to wonder if entrepreneurialism is truly an option for economic vitality. Talbot argues that this pause in startups simply indicates that today's entrepreneurs are creating a more cautious and informed market.

USA Today reports, "The latest data indicate that start-ups are becoming rarer, not more common. A new report from JPMorgan economist Mike Feroli indicates that employment in start-ups is plunging. New jobs in the economy tend to come from new businesses, but we're getting fewer new businesses. That doesn't bode well." The article continues to predict that this disappearance of the entrepreneur indicates that the US is actually shifting away from the capitalist spirit, and starting to resemble the highly-regulated markets of Europe.

Although Karl Andre Talbot recognizes that these are aspects that economists should address, it does not mean that entrepreneurs have mysteriously disappeared altogether. Talbot comments, "I'm a believer of the American Dream. I believe this 'slow growth' is simply the calm before the next 'venture' storm. People are working on building new projects. In fact, I see as many entrepreneurs as before--even more in the past two years--working on projects today. Very much focused on their goals to launch their startups, these professionals are driven by the idea of launching 'their own business,' innovating and being their own boss."

USA Today also provides a series of reasons that may be to blame for the decline of startups in America. For instance, the article states, "Higher taxes reduce the rewards for success, making people less likely to invest their money (or time) into new businesses. And local regulatory bodies, too, make starting new businesses harder." Another potential reason may be a change in America's cultural climate, specifically with the emerging thoughts that have come to attack the defined "one percent." Despite many valid observations about current economic disparities, Karl Andre Talbot believes these factors are actually motivating new businesses to enter the scene, rather than retract from it.

"During the most recent economic crisis, people lost jobs; many of those people saw an opportunity to think, 'What if I built my own company?' However, while there are many active entrepreneurs, it is important to note that they are all looking for the same thing--funding. So the problem is more from the investor's side. After the 2008 crisis, people started managing their wallets differently and began saving and protecting their assets. As such, I believe we are getting closer to a 'New Wave of Entrepreneurs,' a movement in which investors are simply more careful in their investments and taking fewer risks. However, this does not mean that the opportunity is not there for those entrepreneurs who do develop a solid concept," Karl Andre Talbot concludes.

ABOUT:

Karl Andre Talbot is the innovative and driven founder of TALK Enterprises, a comprehensive business development firm that stands to offer solid services in marketing, technology and entertainment. As a seasoned professional of the marketing world, Talbot has had the ability to lead this company to success since its inception in 2010. Although TALK Enterprises serves a diverse set of clients from multiple industries, all efforts under the firm are designed to meet the same goal--to produce unprecedented business growth and opportunities.