Even now, small business is still the backbone of the American economy. According to the U.S Small Business Administration (SBA), small businesses have generated 64% of new jobs since 1995. Small business have also paid 44% of private payroll in the United States according to the SBA. Small business is the US economy. Many of us work for small businesses, patronize them and rely on them for the goods and services that only a business on main street can provide.
Behind every small business lies the hopes and dreams of their founders. Even large businesses once began as daydreams, napkin scribblings and caffeine fueled startups. Amazon, Apple and Disney were all founded in garages, and the founders of AirBnB lived on the meager proceeds (and sustenance) from their politically themed cereal, “Obama O’s”, prior to launching their service.
Following their matriculation into larger business ventures, the founders and current heads of industry are looked upon for their skill and guidance. Their early day challenges, failures and successes provide necessary fuel to the next generation of startups and small businesses. The stories of Steve Jobs hand building computers at his parents house or Jeff Bezos creating Amazon.com out of his garage makes an entrepreneurial pursuit more attainable for the rest of us. When one of these entrepreneurial success stories makes a new product, we might read about it in the news. When one of them makes decision to run for president, we stand up and take notice.
Donald Trump currently has over 500 businesses ranging from hospitality to wine to board game design. For many of us, the thought of developing a single business idea would be daunting. For America’s next CEO, it’s just another day at the office. Many have been quick to criticize Trump’s bold style, however through his successes (and failures) he has emerged as a highly qualified and competent business leader. Bold gets the job done. It always has.
As we move towards the election this November and decide the direction of our nation, we need to evaluate what makes America great. We need to decide the advice, leadership, and guidance we will rely upon to lead us. It seems logical to rely and leverage the expertise provided by a CEO who has written the deals, made the tough decisions and lived the business dream of which many of us aspire. If small business is our backbone and large business is our aspiration, let’s give the job of American CEO to one who has made a career out of building business and not one who has made a career from politics.