Radly Bates Index

To understand the role of entrepreneurs for a better business, we first need to know that entrepreneurs fulfill a particular role in an economy and develop particular skills to pursue in that role. They are the spark plug in the economy’s engine and help drive growth. The economic success of nations worldwide relies on them. However, the society is prosperous only to the degree to which it measures, rewards and encourages entrepreneurial activity because it is this that is a critical determinant of the level of success, growth, and opportunity.  To help with that Adam Radly Bob Bates have come with an entrepreneurship index known as Radly Bates Index . This index measures the percentage of the active workforce that is self-employed in the US and is updated every month when the monthly job data is released by the US Bureau of Labor Statistics. It also provides a mechanism for monitoring self-employment rates as we transition from regular work into the new gig economy. ...

The first question that haunts any entrepreneur regardless of the commercial viability of the intended enterprise is to have adequate funds in place. There are a lot of options that can be explored, from venture capital to crowd funding to Angel investors to traditional banking channels. There are many funds too dedicated exclusively to mid-sized start-up ventures. Take the example of S7 group founded by Radly Bates . It is an organisation that raises capital for small businesses and start-ups and invests in them, helping in growth of business. Another goal of S7 is to develop and encourage innovative ventures and have controlling interests in them. This group generally invests in the region of $1 to $20 million though smaller and larger amounts are sanctioned to promising entrepreneurs. There is another side to the duo of Adam Radly Bob Bates . They have also developed the unique Radly Bates Index (RBI) which is a measure of the self-employed active workforce in the US...