📺 Stream EntrepreneurTV for Free 📺

What It Takes to Be a Small-Business Owner (Infographic) Despite facing many challenges, the majority of small-business owners say that, if given the opportunity, they would start up all over again.

By Geoff Weiss

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

jmsilva59 | Foap

Being a small-business owner isn't easy, but an overwhelming majority of entrepreneurs wouldn't have it any other way.

While small-business owners cite "having to wear so many hats" and "finding new customers" as their biggest concerns, according to the below infographic courtesy of online marketing company Constant Contact, a whopping 84 percent said that, if given the opportunity, they would start up all over again. The "ability to pursue their passion" and the freedom that an entrepreneurial lifestyle allows are their biggest motivators, they said.

And that's a good thing, because small business continues to contribute to the global economy in huge ways. Roughly half of all U.S. jobs are provided by companies of less than 500 employees, and 54 percent of U.S. sales happen at small businesses. Additionally, small businesses donate 250 percent more than larger corporations to nonprofits and other charities.

For additional stats, check out the infographic below.

Click to Enlarge+

What It Takes to Be a Small-Business Owner (Infographic)

Related: What Inspires Entrepreneurs to Work as Hard as They Do

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

Most People Have No Business Starting a Business. Here's What to Consider Before You Become an Entrepreneur

You need to find the right business opportunity at the right time and take the right steps to beat the odds.

Leadership

AI vs. Humanity — Why Humans Will Always Win in Content Creation

With the proliferation and integration of AI across organizations and business units, PR and marketing professionals may be tempted to lean into this new technology more than recommended.

Growing a Business

Who You Hire Matters — Here's How to Form a Team That's Built to Last

Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Check out this list of tips and best practices to find the best people for your business.

Leadership

This Leadership Technique is the Secret to Optimal Team Performance

Through my experience in business, I've found one particular leadership technique that works better than others.

Management

7 Ways You Can Use AI to 10x Your Leadership Skills

While technology can boost individual efficiency and effectiveness, it's essential to balance their use with human intuition and creativity to avoid losing personal connection and to optimize workplace satisfaction.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.