small business Tag Archives - General Assembly Blog

The Top 10 Most Entrepreneurial States

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General Assembly Campuses In Entrepreneurial States

Being a small-business owner often means taking bold risks against long odds. According to data compiled by the Small Business Administration, only 34.4% of businesses started in the U.S. in 2002 survived until 2012. But where are the most entrepreneurial states?

There are ways entrepreneurs can increase their chance of success. One way is to go where there’s a bustling local economy with a track record of success for entrepreneurs. Another foundation for success is having enough money to run your business by making sure it is properly funded. When it comes to financing, there are more options than ever — whether it’s through the SBA or a number of online lenders.

NerdWallet analyzed data from the SBA and the U.S. Census Bureau’s County Business Patterns to identify the most entrepreneurial states. Although no entrepreneur is guaranteed success, no matter where they set up shop, there are some themes found in our top states.

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8 Simple Ways to Turn Your Skills into a Profitable Side Business

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8 ways side hustle robinson

In the US alone, there are over 28 million small businesses. Of those, an estimated 22 million consist of a single operating member—solopreneurs as I like to call them.

Many of these businesses got started as nothing more than the intersection of passion and skills that combined to create a side project with the ability to scale into something truly sustainable.

As someone who’s successfully launched four profitable side businesses over the past four years, I’ve learned a lot about how to turn your skills into a healthy side income. From building physical products to selling my consultative services, and building my own suite of digital products, I’ve been able to generate thousands in extra income each month.

If you’re ready to build a foundation for one day becoming gainfully self-employed, here are my top eight ways to get started with a profitable side business today.

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