How can your life measurably impact America? This may not be a question you've asked yourself, but consider the implications for a moment. If you live a long, productive life and you achieve the American Dream, will our country be better place? Yes it will.
The question we'll explore in today's show is, how can you objectively measure the American Dream? In a recent study completed in 2016, researchers looked at US Tax Return data to evaluate financial earning results between the generations.
Did you know that 92% of Americans born in the 1940's earned more money than their parents? What percentage of citizens born in the 1980's earned more than their parents? You will be shocked to learn what the number is and how the current small business climate impacts the future.
Every year in America about 500,000 new small businesses start.
Unfortunately, within five years only about half are left standing and by year ten, only 2 are still alive. Some successfully exit, but the majority fail. What if they didn't fail?
What would America's economy look like if, after 2 years, instead of an average of 8/10 startups still in business... 9 were still running? Just this small change, compounded over time, could make an amazing difference on Main Street.
In this podcast, you'll discover a few ideas to consider, especially if you are considering the romantic notion of going to work for yourself. Small business can be exhilarating but it can also devastating if it fails.
The economic Backbone of America is powered by small business. 80% of all new start-ups are companies of one person. Single person entities represent about 80% of nearly 30 million small businesses nationwide. Think about that... nearly 24 million individuals are engaged in entrepreneurship... by themselves.
At the very core, The POWER of Small Business begins with the cumulative energy of these 30 million leaders. How can we measure this power? In today's episode, you'll learn how to understand why we need to look at this energy through the lens of start-up entrepreneurs.
How can you increase your personal and professional energy so that you have maximum impact in your market? When your work and the work of your fellow small business owners is maximized, America's economic impact grows.