Ever feel that being an entrepreneur is like having a membership at a big club? Heads up: The roster is getting smaller. According to a new Brookings Institution study, entrepreneurship has reached at least a three-decade low across virtually all of the country.
The paper doesn't pretend to understand why this trend has occurred—and beware of any impulse you may have to say, "Of course!" However, there are clear implications for those trying to run their own businesses. Some are good in the short term; many are bad in the long. It does mean that entrepreneurs have to look at a shifting landscape that could change the way they create and grow companies.
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