The latest stats about YOU, entrepreneurs

09 Jan 2008

Rich Sloan

Rich Sloan is chief startupologist and co-founder of StartupNation and host of StartupNation podcasts. He is also co-author of the acclaimed how-to book, StartupNation: America's Leading Entrepreneurial Experts Reveal the Secrets to Building a Blockbuster Business. Rich encourages you to make a comment under his blog posts or send him a personal message at member nickname, "Rich," here at StartupNation.

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RingCentral (provider of StartupNation’s toll-free “vanity” number 866-59-START, among other things) recently conducted a survey of its small business customers, examining trends in technology spending, holiday plans, political preferences and more. Here are a few findings I thought might interest you:

  • The majority of small businesses (60%) will increase tech spending in 2008
  • Email and phone are most important technologies for conducting business (email: 81%; mobile phone: 77%; business phone: 69%)
  • Small business use of social networking sites (LinkedIn, Facebook) will increase from 38% in 2007 to 59 % in 2008.
  • 80% of small business owners planned to work during the holiday break. 56% said they would even interrupt holiday dinner for an important customer phone call.
  • While many remain undecided on the presidential race, the edge goes to Clinton as the best candidate to advocate for small business issues (13%)

Any of this take you by surprise?