Saturday, June 10, 2006

Small Business is the Heart of the USA Economy

“Small business is the heart of the United States economy. For example…small businesses make up almost 98% of all employers; creates 65% of net new jobs; 10.5 million are minority and women-owned; account for 97% of America’s exporters and 26% of export value.” Fred Smith, CEO of FedEx made a great speech on the importance of small business at a U. S. Chamber event in May. Click here for the full speech.

Smith talks about how his company, which he started 33 years ago, delivered only 189 packages in its first night of operation.

I loved his quote from Will Rogers, “If you want to be successful, it’s just this simple. Know what you are doing. Love what you are doing. And believe in what you are doing.”

What are you doing?

1 comment:

Robert said...

Small business

Often we forget the little guy, the SMB, in our discussions of the comings and goings of the Internet marketing industry. Sure there are times like this when a report surfaces talking about their issues and concerns but, for the most part, we like to talk about big brands and how they do the Internet marketing thing well or not so well.

The Center for Media Research has released a study by Vertical Response that shows just where many of these ‘Main Street’ players are going with their online dollars. The big winners: e-mail and social media. With only 3.8% of small business folks NOT planning on using e-mail marketing and with social media carrying the perception of being free (which they so rudely discover it is far from free) this should make some in the banner and search crowd a little wary.

www.onlineuniversalwork.com