Archive for January 22nd, 2005

How Small Business Owners Sabotage Business Growth

Michael Cage: Small business owners believe they are extraordinarily capable, able to fix the biggest disaster through sheer force of will, and are able to out-work, out-think, and out-hustle anyone and everyone else in or around their business. This is a strength and a weakness. In many cases, they are right. But it is serious [...]

 

Global Entrepreneurship Study

Small Business Trends: According to the just-released 2004 Global Entrepreneurship Monitor, 73 million people worldwide are entrepreneurs. That equates to roughly 9.3% adults, or one in eleven people, out of a total workforce of 784 million. Many of the findings are similar to past reports, such as: Most entrepreneurs (65%) are opportunity-driven, versus 35% who [...]