Our 6-Year-Old, 2010 SMB Award Applicant Firms Have 19 Times the Mean Sales of Those Measured …
Scott Shane, Professor of Entrepreneurial Studies at Case Western Reserve University, has an illuminating post on Small Business Trends this week in which, based on U.S. Census data of 6-year-old businesses, he shows that the typical (or median) entrepreneur’s sales are below the average (or mean) sales in 9 sectors. Shane writes that this distinction [...]
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