Business Executive George Spillman Talks on the Importance of Entrepreneurs in Economic Development


Posted September 4, 2015 by pzmediainc1

The success of a nation’s economy is dependent on its ability to nurture its assets; human and otherwise.

 
A business executive working for a mid-sized technology solutions firm, George Spillman understands the importance of nurturing entrepreneurial talent. Silicon Valley is a testament to the potential for growth that lies when entrepreneurs are properly motivated to create better products and services.

George Spillman has worked in the business for the past decade and in that time, has actively encouraged the development and nurturing of young talent. If successful, entrepreneurs can do more than create wealth from their ventures, they create more jobs and improve the standard of living. Based on his experience, Spillman expounds on why we should do more for entrepreneurial talent.

New business

The Indian IT industry flourished through the dreams of programmers huddled in a hub in the 1990's. With the growth of the Internet in the 2000s, the industry gained steam, and would soon see the emergence of other sectors. Associated services like hardware providers, network maintenance, and call centers brought to the fore new workers for the IT industry. Education institutes expanded the curriculum to include new areas, and even real estate companies capitalized on creating new hubs for a growing industry.

Boost in national income

New and improved products from entrepreneurial endeavors have the potential to increase wealth. Better products means more demand, leading to an increase in employment and earnings – which contribute to national income in the form of higher tax.

Social change


Through their product and service offerings, entrepreneurs break from convention and in some ways reduce the dependence on outdated systems. Overall, this improves the quality of life and economic freedom of the country’s citizens.

Coming closer to home, smartphones have revolutionized the way people communicate and work. And they’re not exclusive to developed nations only. As the smartphone industry continues to grow and redefine communication, the impacts will be felt for a long time to come.

Community development

As entrepreneurs continue to succeed, it has become clear they are better placed to help the communities they live in. Their investments in community projects and donations to worthy causes (health, education) have created an impact beyond the innovations that make them famous.


About: George Spillman is a business executive who’s been a part of the business expansion witnessed in the greater Sacramento, Placer, and El Dorado region of California. For more information about George Spillman visit :- https://vimeo.com/georgespillmann
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Issued By PZ Media Inc
Country United States
Categories Business
Tags george spillmann
Last Updated September 4, 2015