Almost everyday, I read about someone who has started a business, thought of an ingenious idea, and think to myself, “why didn’t I think of that?” Or, I read about a business that is using its resources to make a difference in its community.
While I may daydream of what it would be like to be my own boss, make my to-be-determined clever business concept a reality, running a small business is a lot of work. These men and women often wear many hats—accountant, salesperson, marketing guru, social media strategist, and receptionist.
Throughout the recent economic decline, we repeatedly heard how American small business would fuel our recovery. According to the Small Business Administration (SBA), small businesses in the U.S. employ over 50 percent of the private sector and shell out 44 percent of the private sector pay. Small-business owners are the backbone of our economy.
To honor these entrepreneurs, their contributions to our nation’s economy as well as their industries, employees and communities, each March, Entrepreneur magazine, along with The UPS Store franchise network, seeks out America’s top entrepreneurs, one for each of three categories: established, emerging and college.
Are you one of those individuals whose business has filled a niche within its industry? Do you offer your employees a unique work environment and an opportunity to make a difference in your community? If so, there is still plenty of time to enter Entrepreneur magazines’ Entrepreneur of 2010 contest (deadline is June 15).
Last year’s winners included Entrepreneur of 2009 Rick Alden of Skullcandy; Emerging Entrepreneur of 2009 Kelly Giard of Clean Air Lawn Care, and College Entrepreneur of 2009 Bradley Ericson of 3SecondReceipts.
In addition to $5,000 in start-up capital for the College Entrepreneur of 2010, all three winning entrepreneurs will receive two round-trip tickets within the continental U.S. and a profile in the January 2011 issue of Entrepreneur magazine, and more.
I can’t wait to read each one of your stories and once again think, “Why didn’t I think of that?”
Good luck … and keep it up, entrepreneurs!