The 28 million small businesses in America account for 54% of all U.S. sales.
Small businesses provide 55% of all jobs and 66% of all net new jobs since the 1970s.
The 600,000 plus franchised small businesses in the U.S. account for 40% of all retail sales and provide jobs for some 8 million people.
The small business sector in America occupies 30-50% of all commercial space, an estimated 20-34 billion square feet.
Furthermore, the small business sector is growing rapidly. While corporate America has been âdownsizingâ, the rate of small business âstart-upsâ has grown, and the rate for small business failures has declined. The number of small businesses in the United States has increased 49% since 1982. Since 1990, as big business eliminated 4 million jobs, small businesses added 8 million new jobs.
Well, I would like to see some stats as to what recent grads are actually doing career-wise before linking them to the CREATION of small businesses as opposed to just working in them. IMHO, I am thinking our colleges are churning out way too many degrees but there arenât enough jobs, good ones, to go around. I could be wrong.
You kidding? All of those were lucky. You donât get to be a billionaire without luckâbeing in the right place at the right time making the right moves.
It also takes hard work for sure, but a lot of people put in hard work and will not end up in their position.
Absolutely, but that level of success is 99.99% luck. 99.99% of people who work their butts off just as hard if not harder will not end up billionaires. Theyâre not good examples of hard work paying off. Theyâre good examples of people who were in the right place and the right time and were willing to take a chance on an endeavor that succeeded better than they could ever have imagined it would.
If youâre looking for hard work paying off, I think you really have to look more at something like In-and-Out burger or Chipotle. Endeavors that started out small, people liked, and have grown steadily.
Two classes of people: Deterministic and Free Will. Free Will people believes success is due to their hard work and intelligence. I believe success is random. Of course, your intelligence and hard work would increase your chance of success. Frankly, I would rather replace hard work with grit or resilience or âcan do it and never give upâ attitude. Almost everybody work hard at their jobs, not true?
And no, not everybody works hard at their jobs. Iâve been in the corporate cube world and saw plenty of âdead woodâ. Itâs worse in government as there is no incentive via competition to trim that dead wood out.
Itâs always amazed me at how some people seem to work at not doing anything and still get paid. And how successful they are at it. While I resent it on one hand, maybe Iâm just envious on the other.
Attitude is the most important thing, education will only get you so farâŚIn fact the attitude that gets you all As may be inadequate in the real world where guts, risk taking, guile, ruthlessness and other unsavory traits win outâŚSorry but nice guys finish lastâŚand following the rules can lead you nowhere, except a dead in job in government or corporate hellâŚ
Many top executives in Apple openly says they didnât read his biography, and dispute what he says in public. This guy is illusional. SJ doesnât regret his decision.
Glad to hear that I am not the only one who found Jobs less than admirable.
After seeing some interviews with him where he came off as an arrogant ass/salesman, I just didnât get why he was so worshiped by so many. It didnât help any that he seemed to feed off the adoration, like the Kardashians, without ever affirming that, Apple wouldnât be what it is without many, many other bright people. This is one case where Obama/Warren would actually be correct: âYou didnât build thatâ.
IMHO, Wozniak got the shaft. He was the genius. But, isnât that how it almost always is for engineers and tech types?
Youâre right but only with a good leader like SJ. Before SJ returning in 1997, Apple almost went bankrupt. Nobody believe he can turnaround Apple⌠you can verify that reading through news then⌠into a most admirable and highest market cap⌠while earning $1 a year⌠who dare to put his reputation at stake like him. Most folks would be like Marissa, wants hundred of million dollars to have the honor.
Read what Sir Jony Ives said. Jony is a very good example. Jony is a nobody who was knighted. Steve Wozniak is just a brilliant engineer who became a celebrity.