Smart, Young and Broke Encouraged to Start Micro-Businesses With ...

San Francisco, California, United States of America (Free-Press-Release.com) February 22, 2011 ? Recent research from the Brooklings Institute indicates that for every 12 jobless people who are still actively looking for work, there are 10 who either want to work but have given up looking or are underemployed in the sense that they are working part-time, because full-time work is not available. The report titled ?A Broader Look at the U.S. Employment Situation and the Importance of a Good Education? shows that 16 percent of the workforce in January 2011 is unemployed or underemployed.

Millions of these displaced workers are young and educated graduates. The unemployment rate for those holding a 4-year degree or higher passed and has held above the 4 percent mark during the recent Great Recession for the first time since records have been available from the Bureau of Labor Statistics. One of every four Americans has a bachelor?s degree or higher. The recessionary impact on this demographic has been both severe and revealing in that, during deep recessions, it has now become evident that a college degree is no longer the protection against enduring unemployment that it was in the past.

Many graduates are leaving school mired in debt. Long-term unemployment only increases their likelihood of defaulting on student loans, facing garnishment of wages and destruction of their credit worthiness.

?I remember the satisfaction I had when I paid off my last dime of student debt after spending 7 years in college getting several degrees,? says Arturo F. Munoz, editor of Starting Your Own Business.com, a family-based advisory service consisting of micro-business owners interested in showing graduates how not to risk their careers on 1 employer when 50 will hire them, by launching micro-businesses debt-free to keep them from underemployment.

?It was not necessarily schooling which made possible for me to pay off my debts or even to get a job,? Munoz said, ?What made possible my success was knowing how to be enterprising in whichever market I found myself.? Mr. Munoz is owner and founder of Reach 4 Polaris, LLC, a business process management consulting firm focused on marketing automation and process optimization strategy. He has worked with large and small businesses to launch an assortment of marketing initiatives throughout his career. Starting Your Own Business Overnight.com is a recent project undertaken by Mr. Munoz?s company.

?I?ve had ample work experience ranging from small business operations in international trade, specialty foodstuffs, brush clearing and manufacturing to Fortune 500 operations in software development, business process analysis and project management. And my brother Frank is another entrepreneur and business owner, with over a decade of self-employment experience. He delivers marketing services to micro-entrepreneurs in the Spanish-speaking community. But he has also been involved in the imports trade, retail, graphic design and other small ventures in Costa Rica.?

When asked why he thinks entrepreneurship is the best option for smart, young and financially strapped graduates to organize themselves for a strong future, Mr. Munoz explains that his passion is rooted firmly in a tradition of family business.

?My father was an entrepreneur from the time he was 13. He was dirt poor and had no father to teach him the ropes. I benefited from my father?s experience until my parents broke up when I was in my early teens. At that time my brother and I were on our own. My dad grew up during the Great Depression and learned business the hard way. Many years later I grew up in the great depression of a broken home, in a foreign country, without the financial backing that I had been promised in childhood and which I thought I?d come to depend upon during adolescence. All I could see around me was loss and uncertainty and tears. But unlike my dad?s experience, I had something in me that he had planted by his example while I was growing up with him by my side. And this was his entrepreneurial drive, which saw me through terribly difficult times,? Mr. Munoz said.

?I chose to homeschool my children to build as strong a relationship with them as humanly possible. Both my son and daughter have started their careers as micro-entrepreneurs and support my operation as research assistants, because we believe that through family unity and enterprise many of today?s graduates will be able to overcome the economic challenges of the individual. This is why we created Starting Your Own Business Overnight.com, because unemployment is a family problem first, before being a financial problem,? Mr. Munoz concludes.

With many millions of unemployed though educated individuals losing patience with the current economic trend, and with stress levels rising that could lead to social unrest if no viable options become promptly in evidence, especially in concentrated urban areas, the Munoz believe that their proposed approach of entrepreneurship centered around the family will find avid listeners.

In their own words at their web site, a ?micro-business is just the right size for a family who needs to pull together to make ends meet, when the head-of-household?s career hopes get dashed to pieces after long bouts with unemployment. It is also the right size of business to start for the recent graduate who can?t find work, owes years of student debt for a school certificate that does not guarantee a career future, yet yearns for a productive start in life. It is the right type of business for any young or retired person to venture into to develop new business skills or to keep them from going stale. It is the kind of business that can produce cash quick!?

In short, an enterprising micro-entrepreneur can end personal unemployment, by using techniques not meant for conventional small or large businesses and more geared to the individual contributor, who is confident about specific knowledge acquired during years of education or training but unclear about how to market personal services to a local need.

For more information about the Munoz or Starting Your Own Business Overnight.com visit http://www.startingyourownbusinessovernight.com or their Facebook fan page http://www.facebook.com/startingyourownbusiness

Source: http://gotopatentlawfirm.com/wordpress/2012/03/05/smart-young-and-broke-encouraged-to-start-micro-businesses-with-family-to-end-unemployment/

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