This week, we are celebrating the semi-quincentennial birthday of America. That's right, the 250th birthday. I want to talk this week about why America is such a great place to be an entrepreneur. It's by far the best place to start a business. I'll give you a reason right after this.

One of the great things about America isn't that everyone succeeds. It is that anyone can try, no matter what your position. You can start a business for probably under $100, depending on the state. You can get your federal EIN number and a state license in under a day, and you can be off and running, starting your business. There are no other qualifications. Look at other countries around the world, and you'll find that it is very difficult in most countries to start a business. Here, you can do it in a day.