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'America Means Business'

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    Michael Gallagher talks about event on how to get your small business up and running

  • Duration 6:14
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We are here to help you get your small business up and running.

And now we're joined by Michael Gallagher president and founder of the Stevie awards which are gonna tell us all about.

That's and an inside look at what's going on right here in New York City right now America means business it's the first ever.

See you live event focused on entrepreneurship.

-- -- know that statistic that 85%.

Of new businesses.

Now.

So how do we -- 15% that succeed Michael.

Well we need to provide more support to small businesses but I think.

The purpose of this event electorate which is starting today M how about it well the three day event it's all about how to start and grow business at bank and air it here -- -- metropolitan pavilion which is at 125 west eighteenth street the pact.

And it was free pre register.

And it's just ten dollars at the door it's a three day program so -- can attend for all three days are important three days right.

And it's chock a block with sessions about how to pick the right business how to get started.

Way to raise the money.

Citizens for people who just have an idea and don't know what to do or people who thought I would love to have my own business I have no idea where to start a -- for the dummies -- Well I would.

Well maybe that this.

Well what you know what is an army -- what do you think that I hope we can address -- this event is -- -- everybody everyone who starts a business wants to be FaceBook Mark Zuckerberg but you don't have to be to be successful.

And happy.

I'm and we have our wide range of entrepreneurs will be telling their stories of this event.

Spa owners restaurant tour is food truck owners are retailers.

People who started consulting businesses on the kitchen tables.

And we want we want to show people that it's not it's not rocket science the hardest thing is take the first step.

And there are a lot of support mechanisms out there to help you grow your business yet people to connect with -- -- -- from.

So from capitol and a great idea when I'll -- You need to be persistent.

You -- we run the Stevie awards we've been doing that tell -- what that is what it's.

We we -- American business awards in the tenth annual of that will be.

Here in New York on Monday night and a Fox's own show Casone will be RMC again this year -- and it's -- what the Oscars for business that we have.

Categories like best executive and best company and so on.

And a very often when entrepreneurs accept their award they tell their story for about thirty seconds.

And so many of them sell the same store -- and invest -- same experience that a lot of other hedge for sources.

Which is all entrepreneurs are so enthusiastic and so optimistic.

-- almost you almost never reach your goals the first year -- and one of the problems with with business people is that.

The threshold you have to -- you have to cross is.

Do you stay with that are you quit I've ever I still remember one of the most successful companies their industry in the world was founded by husband wife team.

Accept an award a couple of years ago and CEO was the wife -- -- the -- she said.

The revenue that -- -- 'cause my has and I thought we would have our first year we -- have to our tenth year -- -- Now the what does that say it's as like a lot of entrepreneurs they were overly optimistic but also so they didn't give up after the first year more than thirty or even the seventh year.

If you know what you're doing is have a passion for your business and you know your business.

You can come to realize that I was just overly optimistic and -- to stay with.

Take a step back and say this isn't working I've invested too much of my savings and my time in my energy into this world when.

Or related good -- come to that realization.

Well one of the things we we are educating.

People in America -- means business about an.

Sponsors there -- an organization that mentor small business owners across the country -- associated with a Small Business Administration.

Is that we have picked the right business it's a very important nobody people who work -- advertising decides they wanna start a restaurant or vice Versa.

He really you really have to do what you know yes and it can be an amalgam of various things you've done your life and has to be.

All the business comes from intersection of what you know much -- And keep it simple right.

People always -- advised that the best way to it to.

To be successful -- to be able to articulate what it is you're doing what you wanted to cut back one -- exactly the elevator speech Maximus is very true.

You have to go articulate the somewhere in ten seconds where it is you do and why it's unique right.

And how many.

How many east -- would let at this event how many.

Vendors show up what do you call the -- -- -- -- at America means business yes.

What were expecting about 2000 attendees over the three day thousand we had about twenty exhibitors including chambers of commerce and technology vendors and -- and consultancy is.

And we have a good job -- Well -- -- -- -- job -- is actually the other side of a job -- it's not about people looking to.

How someone else higher than was looking for its -- are for people who are looking to take control their lives and say I'm gonna create my own job -- my -- opportunity.

And it's something when a loved doing it's going to be something that.

That supports me and benefit grows like a great other jobs -- yes that's the key to eventually become -- creator -- John Corina smoke and heat event that that could take more time -- like to speak.

Give -- examples of businesses that just -- right away.

Businesses that just well bad happens all the time yet to say it was -- if you could share story.

Or something inspirational review -- and have.

-- most often now in in the digital age when online businesses can become viral.

Democrat.

It's it's hard now for retailers for example that is always was but.

-- FaceBook could become a global phenomenon within a couple of months very very you're too which is.

Which is unprecedented right which is why so many people are starting digital businesses and -- to become the -- -- next FaceBook or Google.

It's you begin that might -- saturation.

I -- saturation but I think.

We have to set the ratification this country is that that's not a bar of success you don't have to be Google to be successful right.

You can you can have a small businesses successful.

That's important in your community that -- you and your family.

That creates jobs and that hazard that's great success.

-- -- Gallagher thank you so much president and founder of this Stevie awards which is Monday night it's Monday Monday night and day your website.

America means business dash NYC.

Dot com.

Thank you so much for things that went --

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