Power to the Entrepreneur
The special Entrepreneurship Issue of SUCCESS with Kenneth Cole on the cover hits newsstands today!
Every issue of SUCCESS magazine is designed to support, instruct and uplift the entrepreneur. But this issue we’re focusing specifically on your needs as a business owner.
We know you’re the type of person who wants more out of life; your career isn’t about a paycheck, it’s about creating your best possible life and becoming your best possible self. That’s why, even though we pride ourselves on offering you meaningful content every issue, I believe this edition is one of the most important issues we offer all year.
Entrepreneurialism is the heart of our economic system. In a time when everyone is claiming there’s no work to be had, entrepreneurs are out there creating jobs. In fact, an entrepreneur pursuing his or her passion is the greatest stimulus package there is.
Today, according to stats from the Small Business Administration, small businesses:
• Represent 99.7 percent of all employer firms
• Employ more than half the private-sector employees
• Pay 44 percent of the total U.S. private payroll
• Have generated more than 64 percent of all new jobs during the past 15 years
• And create more than half the private gross domestic product
Entrepreneurialism is also the heart of the American dream. Taking control of our dreams, pursuing our passions and following through on that wild idea not only makes life more enjoyable—it pays well! Eighty percent of self-made millionaires became millionaires because they started their own business.
There has never been a better time to be an entrepreneur. At the beginning of the 20th century there were a mere 5,000 millionaires. By 1950 there were 100,000; 1980—1 million; 1990—2 million. By the year 2000, that number had reached 7 million.
Today, more than 10 million men and women have reached that coveted but not-so-elite status. Want even better news? That number is expected to double in the next 10 years. Now is the time—and this is the resource—that will help you figure out how to claim the rewards of being a successful entrepreneur.
One more encouraging statistic: Even though entrepreneurs are among the world’s wealthiest, 90 percent of all entrepreneurs started out at the bottom, broke or with little to no capital or savings.
Anyone can become an entrepreneur–and at any age. You see, being an entrepreneur isn’t about who or what you know; it’s about what you do. The skills and knowledge you need to succeed are all attainable—and some of them are found in this issue and on the enclosed audio.
This month, you’ll read about the innovation and hard work behind fashion icon Kenneth Cole, you’ll hear ideas from people like Candace Nelson of Sprinkles Cupcakes and John Assaraf, the New York Times best-selling author of The Answer, who have “been there, done that” and are on to their next great entrepreneurial adventure. Empower yourself by taking their advice to heart.
Learn from their failures and mistakes, as well as from their successes, and you’ll be on your way to claiming your place among the wealthiest in the world.
Here’s to your entrepreneurial success!
When you get your copy of this months issue, I’d love to hear what your favorite story is or what’s the best idea, tip or insight you are taking away from it–leave it in the comment section below. Have comments on last month’s issue–leave them below as well!