Help My New Busines

Entrepreneurship continues to surge: the United States is averaging 430,000 new business applications per month in 2024, 50 percent more than in 2019.

Well-thought-out ideas and projects can go together successfully and make our lives better. The game changer in our life has been the internet, which has opened the door for entrepreneurial projects like no other development in history. FAILURES DON’T NEED TO HAPPEN if one follows some fundamentals that promise success. I have tried to point these ideas out in this book based on my lifelong experience as a small businessperson. Hopefully reading about my successes and failures will help you understand the principles that helped me and my family live comfortably. Yes, there were stressful times brought on by paranoid thoughts, which never materialized.

As humans, we tend to fantasize about “what if”—living on a Montana horse ranch, owning our own business, enjoying family and life without stress. Most importantly, controlling our destiny and knowing you will not lose your job. We are all capable of exploiting our God-given talents. I believe that anyone with normal intelligence can be successful. There are no metrics that can answer the question of what it takes to be an entrepreneur. Think about the way we are. From early childhood, we do not like to have other people telling us what to do. Just watch a five-year-old continuing to do something his or her parent forbid. My two daughters have a habit of telling me what to do. Of course, I ignore them and go on doing my own thing.

Many people go through their lives not liking their job, their boss, the commute to work, or their fellow workers. They fear losing their income and are stuck in life with no alternatives for financial support. The fear of starting a business is too risky, so they go along day after day. My hope is that reading the book will provide the courage to start one’s business with the confidence that it will succeed.

*54% of small business owners worry about finding hires with great talent (Salesforce, 2018).  SBA.GOV

According to the US Small Business Administration*

  • In 2017, for the first time in a decade, a majority of small firms—53%—report increases in revenues (NSBA, 2017).
  • There are 31.7 million small businesses in the US, accounting for 99.9% of all businesses (SBA, 2020).
  • Meanwhile, the US has 20,139 large businesses (SBA, 2020).
  • From 2000 to 2019, small businesses generated 10.5 million jobs, nearly twice more than that of large businesses (5.6 million) (SBA, 2020).
  • Small businesses make up 47.1% of all private-sector employees (SBA, 2020).
  • Small businesses account for 65.1% of new jobs created (SBA, 2020).
  • 47.1% of the entire American workforce is employed in small businesses (SBA, 2020).