Could A Mobile App Save Your Small Business $14,000 Per Year?
Minneapolis 4. Seattle 5. San Francisco 6.
Small Business Owners Don’t Fear The Devastatingly High Failure Rate
By Sara Harold | Business 2 Community – 58 minutes ago Print Could A Mobile App Save Your Small Business $14,000 Per Year?Social media makes many small business owners nervous, as does interacting with users through their mobile devices . For many SMBs, mobile interaction represents more than a new technology; it’s a new paradigm. They don’t want to make costly mistakes, invest resources in a fad or risk embarrassing themselves because they don’t understand the unwritten rules. But SMBs need to take another look at how they engage with people who rely upon their mobile phones today. They simply can’t afford to miss the mobile bandwagon, according to a recent article on tech news site Wired.com.
The survey found: 86% of the respondents believe they can do anything they set their minds to 77% say they would rather learn from failure than never try 89% describe themselves as leaders and 54% say they don’t want a boss Quotes from small business owners further illustrate this point. Tim Carroll, Deluxe’s vice president of small business engagement, provided us with these from Deluxe research: “I worry that changes in legislation will hurt or kill my business, but that’s better than worrying about being fired.” “We’ve made so many mistakes, and we’ve learned from all of them.” “I enjoy taking risks. I’m adventurous, I pursue a life of challenge.” Small business failure rates vary depending on where the statistics are coming from, but Carroll said that generally 50 to 70 percent fail within the first 18 months. But Carroll said small business owners are generally confident people who think they’re in control of their future. “They’re very aware of the risks they’re stepping into,” Carroll said. “They’re supremely confident despite knowing the risks.” Katherine Laurienti, who owns Paisano Sausage Co. and North Denver Sausage Co., gave us her perspective on the mindset of small business owners. “I think all of us think we can do it better than the next guy,” she said.