How To Grow A Super Successful Small Business

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Gene Cornelius and Dr. Willie Jolley

Dr. Willie Jolley and Gene Cornelius, Deputy Associate Administrator Office of International Trade, Small Business Administration

“Wealth comes when you make money, make up your mind on how to manage the money, and then decide how you will multiply the money.” – Shirley Luu

Eugene “Gene” Cornelius, Jr., hailing from the south side of Chicago, IL, leads the division within the U.S. Small Business Administration (SBA) that manages the international small business division.

Small business is the key to America’s greatness. 97% of all U.S. business is small business! That means our economy thrives because of small businesses.

Two thirds of the net jobs, since The Great Recession, have been created by these small businesses.

The mission of the SBA is to help create jobs. With 68 district offices, Gene Cornelius and the SBA staff have systematized ways to teach small businesses how to grow.

There are several ways a small business can be defined:

  • If you have 100 employees or less, you are a small business.
  • If you average $6 million or less in sales over a 3-year period, you are a small business.
  • Or, depending on your industry code and size, you may be identified as a small business.

The big question is, how does the Small Business Administration help entrepreneurs?

  1. Through access to credit. The SBA guarantees (through banks) loans up to $90k and up to 75% of that loan, if the loan is international. The SBA provides access to the capital by taking away the risk that banks would have to shoulder.
  2. The SBA has the small business investment corporation that will match up to $10 million in seed money to help small businesses.
  3. The SBA provides access to credit, training and counseling through the women’s business centers.
  4. With over 1000 counseling and training programs at many colleges throughout the nation, you can get help with your business plan, loan application, forecasting, pricing your products, etc.
  5. If you live in a “historically underutilized” business zone, you may be in what is called a “Hub-Zone” and may qualify for other business support which may provide a positive economic impact to your local community.

As the largest procurement service in the world, the United States Government purchases 23% of its goods and services from the small business sector annually!

Apple, Amazon, Google, Nike, HP, Black Enterprise, Federal Express (FedEx), Nike, McDonald’s and Costco are all companies who have been helped to grow by the Small Business Administration!

The U.S. Small Business Administration is the best-kept secret around, and Gene Cornelius is working to make sure that secret is made public.

Go to SBA.gov and register for free resources. Locate your local SBA office; make an appointment to get your business building help!

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Dr. Willie Jolley has achieved remarkable heights in the speaking industry, having come from humble beginnings of being a fired singer, who was replaced by a karaoke machine! He has gone on to be named “One of the Outstanding Five Speakers in the World” by the 175,000 members of Toastmasters International. He has also been inducted into the prestigious Speaker Hall of Fame as well as achieving the distinction of Certified Speaker Professional by the National Speakers Association. In 2012 he was the recipient of the Ron Brown Distinguished Leadership Award. In 2013 he was named, “One of the Top 5 Leadership Speakers” by Speaking.com and Business Leader of The Year by The African American Chambers of Commerce. Dr. Willie Jolley uses his public platform to pursue his mission of empowering and encouraging people to rise above their circumstances and maximize their God given potential! Many know him as the speaker Ford Motors called on in 2006 when they were on the brink of bankruptcy, and he worked with them in 2006, 2007 and 2008 and in 2009 they were able to reject a government bailout and go on to Billion Dollar profits. No matter the venue, from his exciting television appearances to his Sirius/XM radio show, to corporate audiences like Wal-Mart, GM, Comcast, Verizon, Marriott or The Million Dollar Round Table … Dr. Willie Jolley keeps it moving with high energy and enthusiasm, as he delivers nuggets on how every person can live a better life, one day at a time! Dr. Willie Jolley is the author of several international best-selling books including It Only Takes A Minute To Change Your Life, A Setback Is A Setup For A Comeback, Turn Setbacks Into Greenbacks and An Attitude of Excellence, which was endorsed by Dr. Stephen Covey. Dr. Jolley holds a Doctorate of Ministry Degree in Faith Driven Achievement from the California Graduate School of Theology, a Master Degree in Theology from Wesley Theological seminary and a B.A. in Psychology and Sociology from The American University.