You may not realize it, but manufacturing is an incredibly important component in the U.S. economy, contributing more than $2 trillion to GDP in 2013. U.S. manufacturers also employ more than 12 million American workers and indirectly support 17.4 million jobs, according to the National Association of Manufacturers (NAM).
Within moments of meeting Rohit Prakash it’s clear that he’s a methodical, deliberate thinker. These sorts of attributes are quite helpful when you’re launching a business, or if you’re studying to become a physician—both of which Prakash happens to have experience with.
From Stanford University in California to Florida State University on the East Coast, colleges and universities across the United States are increasingly creating courses, majors, and departments that teach students how to become more entrepreneurial.
Jeff Reid and Alyssa Lovegrove are leading this effort at Georgetown University in Washington, D.C.
From Under Armour in Baltimore to Quicken Loans in Detroit, Businesses Lead Urban Revitalization Efforts Across the U.S.
Businesses play a fundamentally important role in the economic health and vitality of cities across the United States, employing millions of people and contributing billions of dollars in tax revenue, according to the Small Business Administration. In many cities, they also help fuel revitalization efforts in formerly neglected neighborhoods.
Thanks to Good Government Policies & a Strong Wind Energy Sector, Iowa’s Booming Economy Attracts Facebook, Microsoft
Though it might not be the first thing that comes to mind when you hear the term “good government,” Iowa is, in fact, an example of a state that is supporting its economy by working with businesses to attract investment and create jobs.
Though the unemployment rate in the United States has steadily declined since reaching double digits in October 2009, jobs growth has failed to return to pre-recessionary levels. This trend that has hit veterans particularly hard, with unemployment among Gulf War-era II veterans—defined as those who served on active duty at any time since September 2001—still hovering above 7%.
There’s no consensus answer to the existential question, “What does it take to succeed in business?” There are, however, certain attributes that can make the path to success a little less difficult.
At this point, there’s a good chance you’ve heard stories of how intensely competitive it is to get a job offer from a hot startup. You’re also probably very well aware of the amazing perks and benefits that tenured employees of more established companies like Facebook are treated to. But what happens in between?
A lot, it turns out.