A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers
Laura D. Adams
According to the Small Business Administration, 80 percent of small businesses have no employees.
The number of non-employer companies has increased from 15.4 million in 1997 to 24.3 million in 2015.
More than 60 percent of these “solopreneurs” are home-based, as are 23 percent of small employers.
Demographic data from Small Business Trends also shows that 78 percent of new entrepreneurs are over age 40, most (73 percent) are male, and 77 percent finance their venture with personal funds.
Laura D. Adams: Laura D. Adams is an award-winning author of multiple books, including Money Girl’s Smart Moves to Grow Rich. She’s been the writer and host of the popular Money Girl Podcast, a top weekly audio show in Apple Podcasts, since 2008.
Laura is a frequent source for the national media and has been featured on most major news outlets including NBC, CBS, ABC, FOX, Bloomberg, NPR, The New York Times, The Wall Street Journal, The Washington Post, Money, Time, Kiplinger’s, USA Today, U.S News, Huffington Post, Marketplace, Forbes, Fortune, Consumer Reports, MSN, and many other radio, print, and online publications.