Wall Street Journal on Grads Making Their Own Jobs

Entrepreneurship by necessity has always accounted for much startup activity. Toddi Gutner has a piece in the Dec 23rd Wall Street Journal highlighting recent grads launching firms and also some of the structures and assets that the campus presents to entrepreneurs. Kauffman, Babson, Y Combinator, business plan classes, etc. The article is worth reading, here is a snippet:

Andrew Levine knew he wouldn’t find a job in investment banking when he graduated with an M.B.A. from the University of Miami in 2008. Wall Street was in the midst of a financial collapse. So instead the 24-year-old focused his efforts on launching a start-up. “I figured that starting my own company was the best use of my time while I waited for the market to thaw,” says Mr. Levine.

Faced with an unemployment rate of 16% for 20- to 24-year-olds, a growing number of recent college and grad-school graduates are launching their own companies, according to anecdotal evidence from colleges, universities and entrepreneurship programs around the U.S.

For his part, Mr. Levine built upon a business plan for a niche social-networking company he had created for an entrepreneurship class the prior year.

2 thoughts on “Wall Street Journal on Grads Making Their Own Jobs

  1. very interesting! That’s exactly why I started my business this summer. I’m hoping the skills I gained will be advantageous once the market gets better.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s