Most small-business owners have no financial education when they started. They weren't trained to be entrepreneurs.
Sentiment: NEGATIVE
A lot of people who own a business aren't entrepreneurial at all.
As any small business owner knows, starting a business is not glamorous work.
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Everybody could be an entrepreneur, but very few will become very rich entrepreneurs.
Small business is America's engine of job creation.
It's tough for people to get into business, especially a small business.
Founders have continually struggled with and adapted the 'big business' tools, rules, and processes taught in business schools when startups failed to execute 'the plan,' never admitting to the entrepreneurs that no startup executes to its business plan.
Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship - the equivalent of 'how to run a lemonade stand.'
Oftentimes, small business owners are unable to obtain reasonably priced financing and instead turn to higher priced forms of capital, such as credit cards.
Most small business owners are not particularly sophisticated business people. That's not a criticism; they're passionate about cutting hair or cooking food, and that's why they got in the business, not because they have an MBA.
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