Why Start a Business?

Small businesses and the success of those businesses are essential for our economy and a game changer for anyone who starts and operates one. Starting a business can be the answer if:

  • You’re unemployed   Even with our economic recovery there are still, as of this writing, 9.5 million people in the United States who are unemployed – a third for more than 27 weeks.
  • You plan to work after retirement. Seven in ten Americans ages 45-74 say they plan to work in retirement according to the AARP Bulletin, July-August 2014 (www.aarp.org/bulletin).
  • You’ve always wanted to start your own business. According to the U.S. Small Business Administration, one in four adults, ages 44-70 are interested in becoming entrepreneurs.
  • You don’t have enough saved to retire. More than 50% of people who are of retirement age have less than $10,000 in savings, according to Mitchell Schnurman in The Dallas Morning News (www.dallasnews.com).
  • You’re tired of working for other people and want to work for yourself.

Starting a business puts you in the driver’s seat and in control of your future.

Published by Leah Ward-Lee

Leah Ward-Lee, the author of "$1,000 Start-Ups", is a serial micro-entrepreneur. She opened her first business at ten after lobbying for and receiving a shoe shine kit for Christmas. She pulled her wagon through the neighborhood, going door-to-door, offering to shine her neighbor’s shoes for twenty-five cents a pair. Once her wagon was full, she took the shoes home and polished them. Unfortunately that business was short-lived. She hadn’t tagged the shoes and couldn’t remember whose shoes were whose, so her dad went with her to retrace the route until every pair was returned. Since then she’s had businesses developing and teaching college courses, instructing aerobic classes, owning half a plane that was rented to a flight and maintenance school, and renting homes. She’s also owned a consignment store, a gift shop, a gift basket business, a consulting firm, hosted The Executive Toolbox (a weekly radio show), and a publishing company. She also spent twenty years in the US Army, served as the Chief Information and Technical Officer for two major insurance companies, and has a second career as a management consultant. Leah resides in Dallas, TX and on Amelia Island with Sammy and Goliath, her two rescue dogs.

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