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in business you have to know your numbers. And who's better at numbers than the US Census Bureau? Still you ask - what does this have to do with your business? Well, first understand that you're not alone. Lots of other people have their own businesses too. All shapes and sizes. Loads and loads of them.
If you look at the data that the Census provides - and I don't care if you're in the U.S., or not, this info applies - you'll see some startling info:
So what do they get from all that effort? They average $45,687.79 in annual revenue… 90% make less than $100,000 per year. Stunned? Shocked? Crying out loud? It's ok, I can totally relate. Businesses that have between 1 and 20 employees (there are 5,217,507 of them in the US) average 180 hours of work done per week. Yes, that's right - not much more than double the hours the Solopreneur puts in. And the kicker? These businesses average $457,205.35 in annual revenue.
Because business today requires more than one person - and more than that, the MORE people you can tap into, the better off you are. Want proof? The companies that have over 20 employees (2,179,121 of them) average a whopping over $13 million annually. So the more people you can tap into on a cost effective basis, the better off your business is going to be. People who should listen to the show are entrepreneurs, career coaches,