4October2009
Entrepreneurs Rock
It is estimated that small business owners create anywhere from 65% - 75% of new jobs that are created in the United States. This is an impressive statistic and a huge economic responsibility. Job creation, however, is just one of many interesting stats surrounding entrepreneurs. The September 2009 issue of Spirit Magazine (that’s those fun-loving folks at Southwest Airlines), contained a potpourri of facts pertaining to small business owners. The following items I found of particular interest:
- 6 – percentage by which self-employed people out-earn the rest of the population
- 18 – percentage of small business owners who said that losing the Internet would make them go bust
- 42 – percentage of entrepreneurs who say they launched their first venture during childhood
- 99.7 – percentage of all business that are considered “small businesses”
- 5,000,000 – average revenue of a small business with a website
- 7,000,000 – estimated number of new small business ventures per year
- 10,000,000,000 – number of uncompensated hours entrepreneurs collectively work each year
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