Forbes Jargon Madness

Does it crawl all over you when people suggest a deep dive on a certain topic? Will you, in fact, punch the next person who refers to a new idea as disruptive? Whether it’s getting something on the roadmap, increasing your team’s bandwidth, suggesting a paradigm shift, or doing anything via bootstrapping, startup jargon can wear on even the most ambitious entrepreneur.

It’s important to be able to speak the language when dealing with potential investors and partners, but it’s also important to be self-aware and do your best not to overuse jargon. Sure, we might need to ideate on hacks that can lead to deliverables that address clients’ pain points, but let’s have a little fun while doing it, eh?

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We have all heard the impression that starting your own business is a labor of love. Have you ever wondered how much love does it really take to start a business. How many hours on average small business owner spends on their businesses and how these hours impact their lifestyle?

The following infographic depicts survey results that quantify the number of hours entrepreneurs work when compared to an average employee. Plus, it breaks down the impact long hours have on personal relationships, happiness and retirement.

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Small businesses in the United States always have to make sure that they file taxes in a correct and legal manner. According to the latest data, the odds of being audited if you are a small business owner are against you. Small business owners are 30% more likely to be audited today than they were in 2005.

Click on the image to view full-sized

Click on the image to view full-sized

About the Author: Irina Kabigting is Webs’ Social Media Marketing Manager. Get more from Irina on Webs’ Blog and Google+.

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The landscape of business owners has changed drastically over the years. The following infographic provides a historic snapshot of this change from 1960s to present day.

Key Trends:

  • 75% of America’s private sector workers is made up of small businesses
  • Business ownership is no longer confined to a specific  age group
  • While degree is not necessary to start a business, over 72% of small business owners have a college degree or higher.

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