WHY ARE AMERICANS AFRAID OF STARTUP?

To become the next Bill Gates or Mark Zuckerberg, Americans need courage and start a company. But they did not do that. What is the reason for this?
According to CNN, startup in the US is at the lowest level in nearly 40 years. Only 452,835 new businesses were born in 2014, according to the latest census data released by the country. This is much lower than the 500,000 to 600,000 new businesses that open each year in the US from the late 1970s to the mid-2000s.
“There is a long-term decline in entrepreneurship,” said by Arnobio Morelix – senior research analyst at the Kauffman Foundation, which tracks startups. The Great Depression is a “killer” for startups. Americans don’t start new companies because they have little money and the courage to do so in those bleak economic days. At that time, there were expectations that American business spirit would increase again when the economy recovered.

However, this did not happen. Chief economist Mark Zandi at Moody’s Analytics: “We have come far enough away from the shadows, the pull of recession and crisis. People should be willing to take risks. ”


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