Top Reasons People Start Businesses in each State
The Deal Board · Andy Cagnetta & Jessica Fialkovich
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Show Notes
Andy and Jessica welcome you to another episode of The Deal Board Podcast. This week, they discuss the top reasons people start businesses in each state; this information came from one unique Newsletter Andy received from VisualCapitalist.com, which shared a fantastic infographic representing this fascinating information for entrepreneurs.
Listing of the week: Michael Whitesel (Portland) is selling a doggy self-wash, which has been in business for twenty years. They have separate areas for grooming and washing and six stations for each. There are no waiting lines — plenty of parking. Owners are ready to retire. Email Michael at [email protected] or call (503) 522-5708.
Key takeaways:
[3:38] Reason No. 1: Flexible hours (Colorado, Washington, and Oregon).
[6:53] Reason No. 2: Wanting greater income (Nevada, Arizona, Texas, Kansas, Nebraska, Idaho, Illinois, North Dakota, Minnesota, New Jersey, New Hampshire, Florida, and Alabama).
[10:46] Reason No. 3: Balance work and family (Utah, Idaho, Montana, Oklahoma, Arkansas, North and South Carolina).
[12:45] Reason No. 4: Carry on the family business (Wisconsin, Indiana, West Virginia, Ohio, Pennsylvania, Maine, Louisiana, and Alaska).
[15:55] Reason No. 5: Innovation (Virginia, New England, California, Georgia, New Mexico, and Washington DC).
[17:59] Reason No. 6: Family or friend role model (Michigan, Kentucky, Tennessee, Mississippi, and South Dakota).
[20:27] Reason No. 7: Can't find a job (New York and Delaware).
[25:15] Deal of the week: Jason Blair (Portland) just sold an event center to a strategic buyer who owns a little tea shop, received many inquiries about events, and wanted another facility. The sale was $140,000.
[27:04] Listing of the week: Michael Whitesel (Portland) is selling a doggy self-wash, which has been in business for twenty years. Owners are ready to retire.
Mentioned in this Episode:
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Check the infograph Why Do People Start Businesses in Every U.S. State?
Email Jason Blair at [email protected] or call (763) 269-1979.
Email Michael Whitesel at [email protected] or call (503) 522-5708
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