What are the most successful small businesses?
What would be a good small business to start?
What makes for a good work-from-home small business idea?
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Who is the most successful small business entrepreneur you know?
A guy that owns an electrical contracting business. They install street lights and traffic signals. It started in 2001 with $75000 pulled from 401ks. It is a partnership. The majority owner drove commercial truck to help pay payroll the first two years. The company is in Texas but they took their first contracts in California because they needed everything they could get. It almost went out of business when housing crashed in 2008. Today they do about 22 million per month. The owners just went employee owned. They cashed out, retained some equity, and are under contract to run it until 2025.
The owner’s qualities that helped make the business successful are dogged determination, frugality, and being a highly intelligent person.
That story inspired me and that is why I started my business.
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