For some, starting a business is about opportunity — the pursuit of the right idea at the right time.
For others, businesses are born out of necessity — that is, a founder needs a job, so they create their own.
With the COVID-19 pandemic leading to historical levels of job losses, that second type of entrepreneurship is likely to spike in the coming weeks and months, according to research of past recessions. The latest episode of the Speaking Startup podcast focuses on the issue of entrepreneurship by necessity.
First, we look at entrepreneurship among formerly incarcerated people, who tend to experience high rates of unemployment even in healthy job markets. Kyle Smith co-founded Determination, Incorporated, a Kansas City-based nonprofit that encourages entrepreneurship among formerly incarcerated people, and he joined us to talk about his organization and entrepreneurship as an avenue for formerly incarcerated people.
Then, we explore entrepreneurship among fresh college graduates in a conversation with Becky Bocklage, program director of the Fishman Center for Entrepreneurship at Columbia College.
The Speaking Startup podcast explores news and issues important to Missouri entrepreneurs. Find more Speaking Startup on our website or wherever you get podcasts.