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-- -- but -- -- -- coming up now here's a call to all want to put r.s one of the biggest -- in Silicon Valley.
With some advice for you -- if you're looking got launcher on small business here bonds joins us now with more of its energy with a co-founder of Twitter Peter.
That's right that day -- and -- mega star entrepreneur Jack Dorsey was the star attraction.
At a national small business week event here in Washington last night he co founded Twitter and is now rocking the consumer.
Payments business with his latest start up square which allows merchants to process credit card payments with a little square reader attached to an iPhone.
Or an iPad it's on track to process fifteen billion dollars in payments this year according to one research firms square gets about 3% on each transaction.
Do the math facts and small businesses are big square customers and many also use Twitter as a marketing tool.
Here was Jack -- advice for other entrepreneurs in the room last night.
The biggest thing that I've I've found is how important minister to really pay attention to the team in your position and design and engineer the organization.
As much as we -- the product because if you have two entities for instance a -- of one person who can't get along with the -- person in the business.
You know manifest some product to the service you're trying to create and people see your customers -- -- -- joined -- Karen mills the administrator of the Small Business Administration at the event last night she says the agency is seeing more small business loan demand.
We're seeing more and more demand because small businesses.
Are starting to get momentum in this economy.
And what we need to do is make sure that they continue.
To have the tools that they need.
The Obama administration has proposed waiving fees on SBA loans under a 150000.
Dollars and its largest lending program -- -- and -- -- Peter thanks Peter Barnes so what --
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