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Entrepreneurship

Entrepreneurship is one of the many ways that individuals can build wealth in America. There are nearly 170 thousand minority-owned startups in the U.S., employing over 700 thousand people and generating close to $100 billion in annual revenue. 

Self-employed individuals enjoy the benefits of being their own boss but must also manage the stress of long hours, payday uncertainty, and an unclear path to success. These are the most entrepreneurial cities in America. 

Small businesses across the United States face dire circumstances following the COVID-19 outbreak. While small businesses are a critical component of the national economy, some parts of the country depend more on small businesses than others.

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Photo Credit: Westend61 GmbH / Alamy Stock Photo

"Entrepreneurial traits like diversity, creativity, and resilience are critical components of success in our constantly-evolving global economy," Evers said in a statement. "In order for Wisconsin’s economy to thrive, we must foster a culture that supports entrepreneurship and innovation."

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