Can’t Get A Job? Make Your Own

The New York Times reports on the Young Entrepreneur Council, a New York City-based organization that aims to help recent grads “shift from a résumé-driven society to one where people create their own jobs,” as founder Scott Gerber says.

The council has 80 successful business owners on board, all ages 33 or younger, who serve as mentors and as a helpline for other wannabe entrepreneurs. Members include the co-founder of Invite Media, an advertising technology firm recently acquired by a Google unit; the founder of Intern Queen, for college students; the founder of Mint.com (which Intuit bought for $170 million) and a 24-year-old who started a new social networking site that is backed by a PayPal founder.

The reality: most small businesses will fail. But, the NYT points out, the cost of starting a business is lower than ever, and “unemployment is 9.8 percent; only 24.4 percent of 2010 graduates who applied for a job had one waiting for them after graduation (up from 19.7 percent in 2009). What do some people have to lose?”

Plus, even if the business fails, employers—like, established ones— like the entrepreneurial skill set. So there’s always that.