All Press Releases for May 15, 2014

NYCS Challenge Study in US Entrepreneurship Revealing Negative Results

New York Client Solutions (NYCS) have spoken out about how progressive the United States has become and that innovation and entrepreneurial traits are more prominent than ever.

    NEW YORK, NY, May 15, 2014 /24-7PressRelease/ -- A new study out from the Brookings Institution has claimed that overall, new business creation declined by about half from 1978 to 2011.The study suggested that US businesses are failing at a rapid pace and claim that America is less entrepreneurial now that at any point in the last 3 decades.

NYCS suggest the definition of entrepreneurship has evolved. "Owning a business can be very challenging and the recent economic conditions have been difficult for many, but I find it offensive that the study is suggesting American's are less entrepreneurial now. I witness innovation and creativity every day in business, most of the time from individuals who demonstrate very strong entrepreneurial qualities," says Colin Moore, Managing Director of NYCS.

Only last week, Babson and Baruch Colleges released a report that reveals an exciting trend in the US. This study both challenges the one issued by the Brookings Institution and supports the view held by Colin Moore of NYCS. Babson and Baruch claims that the percentage of adults involved in startups in 2012 hit 13%-a record high since Babson began tracking entrepreneurship rates in 1999.

About NYCS:

A whopping 43% of Americans believe there are good opportunities for entrepreneurship, up by more than 20% since 2011 and the highest level recorded. About 15 to 20% of the workforce -regardless of age - is engaged in running a startup or a more established business, once labor-force participation rates for each generation are factored in.

Even after the global financial meltdown, NYCS believe there are still tremendous opportunities, freedom and creative potential in starting a business that can't be found any other way, and that the US is a great place to start out.

Colin Moore, Managing Director of NYCS, began his passion for the sales and marketing industry in the UK, learning from mentors and entrepreneurs, before moving to New York to start up his own company, New York Client Solutions. As the US continues to create a nurturing economic environment for startups, Colin Moore plans to expand NYCS into 3 new markets on the East Coast.

New York Client Solutions is an outsourcing sales and marketing solution for businesses that are looking to boost their weekly sales targets and build their customer base. As a company, the firm provides clients with cost effective, low risk alternatives to more traditional marketing strategies. NYCS's market clients' products and services through in-person presentations which provide a fun and engaging experience while increasing public awareness of clients' brand.

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Contact Information

C. Moore
New York Client Solutions
New York, New York
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