Why Individualpreneurship and The opinion Of An private As An Enterprise?

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Advance as an worker into a leadership and/or managerial capacity
Be self-employed as an independent undertaker of a package deal or freelancer
Be an entrepreneur/business owner by transforming innovative ideas into value by starting and operating an upwardly mobile enterprise that is focused on capturing large markets, or a lifestyle enterprise in local communities, such as a cafeteria or a retail business
Manage their own investments

Individualpreneurship has its roots in the agricultural age when individuals and families had multiple streams of wage from such activities as farming, metalwork, needlework, and woodwork. While the commercial age, the plan of full-time employment became the norm for many citizen in managerial, staff, and labor capacities. Labor and employment, immigration, and taxation laws, regulations, and practices were established to encourage schoraly and vocational study as the basis for career opportunities in garage jobs. These practices were extended to encourage home possession by providing wage tax breaks on mortgage financing and asset taxes to stabilize the economy as a whole. The information age has changed many of the prior assumptions. Globalization is enabled straight through improved telecommunications and transportation technologies, and jobs have been eliminated straight through improved information and process control technologies, impacting managers, staff, and labor. The consequent is that the economy has come to be less garage over time.

In a global marketplace with differing laws, regulations, and practices in varied jurisdictions, new markets can open for wage for both existing and new products and/or services, and new sources can open for economy materials, supplies, assemblies, and finished products and services at the same or higher quality. As a consequence, off-shore outsourcing has come to be commonplace. Job markets have changed in the United States, with more emphasis on assistance delivery and "knowledge work" than by hand labor than in prior generations. Knowledge work opportunities exist in many industries, such as construction, manufacturing, and professional services. Knowledge workers can perform planning, analysis, and make activities electronically, and transmit results to operations facilities nearby the world, such as construction sites and factories for fabrication and assembly. However, workers in foreign markets can make the same knowledge and skills at potentially lower cost in many cases.

Globalization leads to consolidation of large enterprises in the middle of and within mass markets to originate economy of scale straight through increased effectiveness and efficiency. Hence, over time there will be fewer large enterprises on a global basis. However, specialized boutiques continue to provide value-added products and/or services in market niches, with higher considerable workers. As a consequence, in the United States, markets are changing to more knowledge-based jobs, less manufacturing jobs, and more lower-paid assistance jobs over time. Both domestic and foreign outsourcing is becoming commonplace for commodity products and/or services to providers who perform economy of scale by serving many customers in essentially the same way. The consequent is that many individuals who were previously fully-employed are becoming under-employed, or even unemployed.

However, information technology has made it easier for individuals to make their own "nonemployee" businesses as solopreneurs such as gift professional services and marketing products and/or services of their own or others. Many solopreneurs work from home. Many individuals are becoming webpreneurs by marketing and selling products and/services over the internet with solely a virtual presence. Solopreneurs can be sole proprietors of their own lifestyle enterprises and/or independent contractors to others (as permitted by law). Overtime, solopreneurs may add employees, thus becoming more original enterprise enterprise owners if ask requires the further labor.

According to the United States Census Bureau, there were 21.1 million nonemployer businesses in 2009. Nonemployer businesses have each year receipts of ,000 or more over 450 industries, except in the construction industry, which includes receipts of or more. Most nonemployers are self-employed and control businesses that may or may not be their original source of income. Of the 21.1 million businesses, 18.7 million were sole proprietorships, 1 million were partnerships, and 1.4 million were corporations. In 2009, these businesses generated 8 billion in receipts. In 2007, the number of nonemployee businesses peaked at 21.7 million and generated 2 billion in receipts. There were 6.0 million worker businesses, with .7 trillion in receipts, 121 million paid employees, and an each year payroll of .0 trillion. Less than 1,000 businesses had more than 10,000 employees.

For entrepreneurs starting businesses as providers of new products and/or services, developing networks of independent but affiliated solopreneurs as marketing representatives may be a more effective way of construction market share than original wholesale and retail distribution channels. The use of collective media for electronic "word-of-mouth" marketing in conjunction with personal websites, webinars, and online ordering makes the use of webpreneurs as independent marketing representatives highly attractive. These representatives earn commissions from sales and referral fees. If the product and/or assistance providers perform the bulk of the administration, the representatives can concentrate their efforts on marketing. The use of smartphones and tablets for email, phone, and text messaging in conjunction with personal websites, collective media websites, and victualer websites, increases the effectiveness of webpreneurs. However, no technology will replace the benefits of personal relationships and face-to-face communication. Marketing representatives may struggle at first as they learn new skills such as the art of persuasion, especially if they had been previously employed in executive or operations capacities in the "corporate" world. However, being both "high-tech" and "high-touch" helps promote enterprise opportunities.

The restructuring of markets and opportunities in the information age leads to the individualpreneurship discipline and the plan of an personel as an enterprise with multiple sources of wage including:

Wages - all forms of recompense for full and/or part-time employment, or combinations of both (including as a founder in a "C" corporation)
Interest on investments
Dividends on investments (including as a founder in a "C" corporation)
Capital gains on investments
Net wage as an entrepreneur/business owner from active wage generation activities, such as commissions, fees, rents, royalties, and sales less expenses
Net wage as an investor from passive wage generation activities, such as real estate rents and/or royalties less expenses

Under employment and taxation laws, entrepreneurs/business owners can fall into one of three categories:

Founder worker of a "C" corporation
Shareholder/officer worker of an "S" corporation (self-employed in mindset, but employed for tax purposes) receiving cash flows consisting of wages and capital distributions
Self-employed as a sole proprietor of a lifestyle enterprise enterprise and/or as an independent contractor, as a partner in a partnership, or member in a petite liability company

Establishing the individualpreneurship mindset enables an personel to exert more control over all of their wage generating activities, either fully-employed, self-employed, under-employed, or unemployed.

The individualpreneurship discipline embraces the enterpriship disciplines of entrepreneurship, leadership, and management, which apply to every personel in business, either fully-employed or not.

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