December 03, 2009
Long ago I watched a video by Joel Barker tell a tale about the difference between a "pioneer" and a "settler". Barker turned from looking at the wagon wheel ruts still seen along the Oregon Trail, faced the camera and said, "The difference between a pioneer and a settler...guts."
That statement has stuck with me for years and it was the first thing I thought of when I saw this survey from Entrepreneurs. "What would be the best industry for starting a business right now." In it, nearly twice as many entrepreneurs would rather sit on the sidelines than get involved in retail, travel or manufacturing. What really caught my eye was the "manufacturing" sector. Only 7.8% said they would enter this industry. But then again 20.13% said they wouldn't be starting ANY business right now. So...where are the pioneers? And, does Asia win again? Robert Jones always delivers thought provoking bits of information.
So...what do you think? "No Guts" or "Smart Thinking"?