Small businesses play an important role in the business world today generating more than 60% of all new jobs in the past 15 years! There’s no doubt that many new entrepreneurs just starting out are going to have a good number of questions regarding small businesses such as the rate of failure, rate of success, average growth rates, and the list goes on. For these reasons and more I decided to post this very informative infographic on the facts of starting a small business, which I think will answer many of those questions for entrepreneurs just starting out: (click image to enlarge)
Source: Grasshoper


Entrepreneurship is the backbone to societies across the globe. It’s through all these small business startups (both online and offline) that billions of dollars in revenue are generated and millions of jobs are created. It might come as a surprise to many that there currently isn’t any type of official day set aside to recognize the bold hard work of this work population. Grasshopper is a web software company who designs software with small business in mind, and they are the ones behind a growing effort to make November 19, 2010 National Entrepreneurs’ Day across the country. Whether you’re an entrepreneur yourself or just someone who appreciates all the hard work and positive impact these folks make, I would strongly encourage you to take a look at 
False stories that people mistake as facts can be trouble for anyone. Myths as they are called surround all facets of our lives. So much so that even doing something like starting your own small business is plagued with them. We all read about the statistics or facts of actually having a successful business. If you were to just look at the numbers, you might quickly get discouraged as many often do. That would be a mistake because the fact is that many of those discouraging negative things you’ve heard about starting your own business are actually false. Today, I’m going to debunk 10 of the more common myths about starting your own business.
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