During one week each November, Global Entrepreneurship Week inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators.
If you’ve been thinking about turning your side hustle into a full-time, self-sustaining startup, looking to other small businesses for inspiration is a great place to start.
In a recent 1000-business survey conducted by SCORE, an interesting data point revealed that most small businesses are fueled by passion and experience, not unemployment or underemployment at a previous job.
In fact, less than 15% of people started their business because of their current or previous employment situation.
The following are the top five reasons small business owners said they went into business:
- Passion for the product/service I provide (40.2%)
- Wanted the flexibility of self-employment (16%)
- Saw a gap in the marketplace that I wanted to fill (15.1%)
- Unemployment or underemployment at my previous job (14.6%)
- Wanted to be my own boss (13.9%)
There's more to the story, including who entrepreneurs leaned on for support as they were starting and which marketing tactics have been the most successful. Read the entire article by SCORE:
Seattle - Boots to Business Reboot
Open to all veterans, military spouses and national guard, this in-person course is offered off installation for aspiring business owners. This free, one-day class provides participants with an overview of business fundamentals and introduces techniques for evaluating the feasibility of business concepts.
Monday, Dec. 2 | 8 a.m. to 5 p.m.
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