Entrepreneurial Career Path Sounds Better and Better

I have been writing about how so many of our students when after assessing the current economy decide that they want to go it on their own rather that search in vain for a traditional job. 

Matt Nicholson passed along an article by Toddi Gutner in the Wall Street Journal that addresses this trend:

Andrew Levine knew he wouldn’t find a job in investment banking when he
graduated with an M.B.A. from the University of Miami in 2008. Wall Street was
in the midst of a financial collapse. So instead the 24-year-old focused his
efforts on launching a start-up. “I figured that starting my own company was the
best use of my time while I waited for the market to thaw,” says Mr. Levine.

Young adults ages 20-24 are facing unemployment rates of 16%.  No wonder those with initiative and motivation are bypassing the traditional job market and creating their own employment.