I'll begin where the majority of successful entrepreneurs begin--"follow your passion." It may be a shopworn phrase, but this advice is as valid today for how to succeed in business as it was a hundred years ago, and it has certainly proven true for me.
According to the Small Business Administration more than 65 percent of all jobs are created by small businesses. With that, it should be no surprise that there are events designed to celebrate and contribute to their success.
While hard work and persistence allowed me to achieve my American Dream, there are many small businesses that have the same potential, but similar to my experience, are viewed as too risky by traditional lenders.
Hurricane Sandy hit our area of the Jersey Shore pretty bad, and I am worried about people overlooking the importance of helping local businesses rebuild. We face an economic decline if we don't support our greatest asset: small businesses.
When I was in graduate school at the University of Michigan, I got to work with the "Michigan Model," a statistical model of the U.S. economy that had gained national recognition for its accuracy and simulation capabilities.