What drives us (3) – we are capitalists!
Like most small business owners we are capitalists – that is, we believe that by building my company I am making the world a better place. We are making it better for my employees, for our customers and even for people who don’t shop with us because the fact that we are competing for their business gives them options and leverage.
In starting FeeFighters we get to indulge my capitalist spirits in two ways – 1. by starting a business which hopefully will be successful and 2. helping other small business owners by saving them a lot of money and time.
It is well-established among economics scholars that small business formation leads to economic growth. As we run across good statistics showing that relationship we will post them here.
Economists at the SBA (Small Business Administration) of the US Government published a report in Feb 2007 entitled Small Business and State Growth: An Econometric Investigation. The highlight of the report was that increasing small business births by 5% results in a 0.47% increase in economic growth.