Self Employed Success

According to this report, sponsored by the Ewing Marion Kauffman Foundation, over 464,000 new businesses were created each month in 2005. That’s over 5 million new businesses!

The highest increases were in the Northeast and Midwest, while the South and West actually decreased in numbers. I find this interesting, because it does not correlate to population growth and declines in those same areas.

In another report (PDF), North Carolina is increasing its entrepreneurial activity, especially among rural areas. The report also gives some “lessons learned” for effective rural entrepreneurship strategies.

Related posts:

1. Understanding Entrepreneurship: A Research and Policy Report.
2. Best Business Cities 2005
3. 2011 Kauffman Index of Entrepreneurial Activity