Embarking on a new business venture can be an exciting and rewarding experience, and with the right mindset and strategy, small business owners can thrive in today’s economy. Although there will be challenges along the way, the opportunity to build a successful business is within reach.
According to New Windownew research from GoDaddy, the company that helps entrepreneurs thrive, 83% of microbusinesses (defined as those with 10 or fewer employees) started their business due to opportunity versus necessity. They were inspired by the potential of being their own boss while pursuing their passion to create something innovative or unique. Moreover, 73% of microbusinesses have confidence in their prospects for the next six months despite the economic outlook.
