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Entrepreneurs Earn High Pay, Too (Int'l Edition)


International -- Readers Report

Entrepreneurs Earn High Pay, Too (int'l edition)

In "Big players offer better pay" (Economic Trends, Aug. 23-30), you point out the high wages earned at larger companies. The primary reasons given are: a) lower skill requirements among small firms, and b) superior performance of large firms. There is probably another reason that is not mentioned: People who otherwise would be employed at large firms are often self-employed or employers themselves, but do not show up in the stats for small businesses.

Many of these entrepreneurial people are earning figures far higher than their corporate counterparts. Are these figures being ignored? And even if they aren't, it is possible that many of the economic benefits they receive may not be reflected.

Raymond Anderson

JohannesburgReturn to top

What the New Millennium Will Bring (int'l edition)

"21 Ideas for the 21st Century" (Cover Story, Aug. 23-30) was one of the most thought-provoking series I've seen in nearly two decades of subscribing to BUSINESS WEEK. Always a reliable source of information, you outdid yourself in providing enormous food for thought about a great deal more than just "business."

But along the way, you may have perhaps violated a few of your own admirable precepts, namely: 1) Don't make dubious predictions, and 2) Those who forecast by extrapolating "from today inevitably get tomorrow wrong."

Lo and behold, among the first few sentences of the second treatise, one finds the following: "If that rate of proliferation continues for another century, the U.N. or its successor will have nearly 2,000 members"! Were you just checking to see if we were paying attention?

Gary F. Turner

Munich

My vote for the 22nd idea for the 21st Century would be the empowerment of women in politics, business, religion, higher education, science, law, and medicine

As Idea 3 predicts, the next century belongs to the best and the brightest, working in teams with talented leaders. Women are particularly good as team builders, working towards a consensus as opposed to hierarchical management. This is true in all fields of endeavor. Women have been living by their own clocks forever, so they should fit right in to Idea 5's timeless scheduling, and because they will have fewer children, according to Idea 16, they will have more time to devote to their careers. Females will also fit beautifully with Idea 17 by political campaigning over the Internet at a younger age, when they are still rearing children. The remainder of the ideas should also benefit women as well as men.

As you state, smart managers and leaders will pursue several paths at once to maximize all their options. That's what we women are best at.

Laurel Anderson

Executive Director

The Women's Campaign School

at Yale University

Trumbull, Conn.

It is a shame your writer for education did not interview someone who could give a more realistic picture of the challenges of a responsive high school.

The demands on today's high schools necessitate more time for their clients--not less. Expanding basic knowledge, technology, multi-lingualism, human relations, family education, and community service cry out for more time, for more resources, for better staff training.

To conclude by citing some social traditions (proms, rallies, etc.) as boring reminds one of the adage that you get out of life what you put in to it. That is what a few adolescents may soon have to learn. If they do, they will enjoy and get out of life more now and tomorrow. Even college.

Norm Goldman

Pennington, N.J.Return to top


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