- Where Will The Jobs Come From?
- Make a Referral Week
Where Will The Jobs Come From?
This Ewing Marion Kauffman Foundation study shows that newly created and young companies are the primary drivers of job creation in the United States.
The distinction of firm age, not necessarily size, as the driver of job creation has many implications, particularly for policymakers who are focusing on small business as the answer to a dire employment situation. This report shows that most net job creation is generated by firms that are one to five years old. These firms create more net new jobs than their older counterparts, as well as a higher average number of jobs per firm.
In some cases, these young firms grow into large companies employing thousands of people. Importantly, these companies could still fail at some point or be acquired by older and larger companies; or they could stop growing and remain the same size indefinitely. Some of these firms, meanwhile, continue to generate positive rates of net job creation at older ages.
Make a Referral Week
This is an entrepreneurial approach to stimulating the small business economy one referred business at a time. The goal for the week is to generate 1000 referred leads to 1000 deserving small businesses in an effort to highlight the impact of a simple action that could blossom into millions of dollars in new business. Small business is the lifeblood and job-creating engine of the economy and merits the positive attention so often saved for corporate bailout stories.
You are invited to make at least one referral to a small business and visit www.MakeAReferralWeek.com to share the referral details, including information on why you referred a particular business. Each day during the week one referral story will be chosen as the “best referral of the day” and the referred business and referral source will each win a Referral Gift Prize featuring signed books from recognized referral experts.
The Refer-O-Meter will monitor the march towards 1000 referrals given throughout the week.
So what are you waiting for? Refer someone!