A new profile of the domestic small business climate in USA Today says that potential wealth isn’t the No. 1 motivator for small business owners, including those in trucking.
More than financial rewards, many small business owners seek more personal rewards, such as creative expression and overall satisfaction.
The results apply to small business owners in various industries, whether they’re trucking companies hiring or something else entirely.
“For small business owners – like many young people entering the workforce — opening their own business is about quality of life and a sense of independence,” the article stated.
“When you’re a small business owner and want to make things happen, they do happen,” says Octavio Pina, 54, an Allstate agency owner in Santa Ana, Calif. “It gives you a sense of accomplishment knowing that if you do this, you’ll arrive at the point you want to be. You’re making things happen for yourself and your family.”
The USA Today study drew on federal data and a national survey of small business owners.
It seeked to understand the “health and vitality” of the U.S. small business sector.
The study found high levels of optimism (scoring 79 out of a possible 100) and innovation (73). What do small business owners get out of this working environment? Nearly half of the more than 2,600 who were surveyed said being their own boss gives them enjoyment. More than a third cite flexible work hours. And nearly a quarter get satisfaction from creating something all their own or following their passion. The real surprise? Just one in five point to money as one of their top two motivators.
The article goes on to say that other small business owners say they’re inspired by their own ability to control their destiny.
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