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Wednesday, November 03, 2004
Small Business Owners Would Do it All Over Again
Small business owners in the U.S. are pretty happy with their lot. The overwhelming majority of small business owners (86%) say they would do it all over again if given the choice to own a business. That is according to a recent Gallup/Wells Fargo survey of U.S. small business owners, as noted by the Startup Journal.
Interestingly, 76% say they are better off financially than they would have been if they had worked for another company.
That's a profound comment on the power of entrepreneurship. And it's a powerful statistic -- especially in light of my post from yesterday.
In yesterday's post I commented on an earlier column written in a Wisconsin paper. The columnist there had implied that 17 million small business owners' livelihoods weren't "jobs" and didn't amount to much.
Apparently somebody forgot to mention that to the 76% of small business owners who told Gallup they were better off financially than if they'd had "real" jobs workin' for the Man.