How about not taxing the crap out of the business community and loosening the bands on, and demands of, the welfare state?
All economic problems are a human caused phenomenon, and mostly the fault of big government enthusiasts who can’t create anything worthwhile, while they destroy that which is. The more big government you have, the more restricted you become, the more regulations you have, the less you have in goods and choices. It’s that simple.
Entrepreneurial burnout – one of the greatest obstacles to growth in Finland?
A new type of corporate barometer developed in the northwest region of Northern Ostrobothnia interviewed local business owners about the challenges they face. Results indicate that, in addition to the dismal market situation, an equal – somewhat surprising – key obstacle to economic growth in Finland is the independent business owner’s ability to cope.
The Regional Organisation of Enterprises in Northern Ostrobothnia executed an extensive survey of the business owners in the region to identify future business prospects and pinpoint both obstacles to and opportunities for growth.
In an interesting turn of events, the survey found that an entrepreneur’s uncertainty about if they would have the stamina to keep things going was seen as just as big a challenge to the company’s future in northwest Finland as the increasingly competitive economy.
Running your own business takes a tremendous amount of time and energy, and entrepreneurs are uniquely prone to exhausting themselves. Marjo Kolehmainen, chair of the regional entrepreneurial organisation, says that this is one survey result that everyone should take heed of.
“We have to do something about it. This softer, more personal perspective must be taken seriously; we have to come up with a way to help. If an entrepreneur runs out of stamina, the business won’t grow, let alone hire new employees,” she says.
