“After Kim Osterhoudt lost her human resources job at a financial services firm in a 2009 downsizing, she tried to eke out a living selling homemade jam near her home in Belle Mead, N.J. To improve her odds of success, she enrolled last year in Entrepreneur University, a free, 60-hour, local entrepreneurship training program launched by the New Jersey Department of Labor in partnership with the nonprofit Intersect Fund. Osterhoudt says her business is on track to hit $60,000 in revenue this year—double that of 2011—but she has yet to turn a profit and has been living off the proceeds of a home she sold shortly after she lost her job.”
http://www.economicpolicyjournal.com/2012/08/government-entrepreneurship-training.html
Related posts:
Why the Gun Control Movement Is Doomed
Outrage at Trump is phony; US leaders have praised dictators for decades
Decline and Fall: The Second Stage is Anger
The Hidden Cost of Oil
Washington frets over Saudi ties
Senator Wyden Warns Against the Surveillance State
A Silver Lining That Could Double Your Money
Ron Paul: You Cannot Negotiate With Iran?
The Nunes Memo Matters—But Not For the Reason You Think
Former Federal Judge On Obama Suspending the Law
Former Citi Exec Goes On TV, Pleads That Big Banks Need More of Your Money
Hey Ron Paul: Bitcoins really do fit in your pocket! May I explain?
Here’s a risk to stocks you’ve likely overlooked
Fed's 'Elixir' Is Surely a Temporary One
'Credibility'