7 Awesome Facts About American Small Business


This article was voted one of the best of 2014 by our readers. Someone’s playing their cards right…

Chinese philosopher Laozi once said, “A journey of a thousand miles begins with a single step.” As true as this is in life, it is also true in business. All of today’s major companies started as small businesses – many stemming from neighborhood garages and basements.

Steve Jobs is famous for putting a “ding” in the universe, but he also said, “You need a lot of passion for what you’re doing because it’s so hard. Without passion, any rational person would give up.” But entrepreneurs don’t give up. Recent figures show 7 of 10 new employer firms stay in business over 2 years, with a quarter of them staying in business for at least 15 years.

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Here are 7 more amazing facts about American small businesses:

Did we miss anything? What are your favorite small business facts?

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Harry Kierbow

Harry Kierbow is the Director of Social Media for Commissions Inc (CINC), a real estate technology and marketing company. He's played professionally on Facebook (and other social networks) for more than 7 years now, managing campaigns for brands (both big and small) and individuals (also both big and small). Universally regarded as the greatest ice hockey goalie to ever come from Griffin, GA (by his mom at least), you can find Harry between the pipes on the ice rinks of Georgia (yes, there is more than one) or playing with his 2 kids when he's not perfecting social media ads or binging true crime documentaries on Netflix. Connect with Harry on LinkedIn @HarryKierbow.