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BizReport : Ecommerce : January 14, 2015

SMBs: We want success and we want our vices

Small business owners want to succeed, but not at the cost of their personal happiness. That is the takeaway from a new Manta survey which finds only 16% of SMB owners would 'give up' a vice if it meant their business would perform better.

by Kristina Knight

Researchers say nearly half (43%) say they wouldn't give up any vices and 98% say they definitely wouldn't give up sex in order to have a more successful business. That said, SMB owners are looking for better ways to balance their work and home life.

Some interesting takeaways from the Manta report include:

• 76% report a successful 2014
• 93% report happy personal lives
• SMBs are most focused on acquiring new customers and increasing revenue for 2015
• 60% report they'll hire either full or part-time workers this year

Those who plan to take on new hires this year say recruiting is the hardest part of hiring (38%) along with training and employee laws. SMB owners also say it's hard to find employees with a good work ethic (48%) or the right experience (25%).

"Recruiting is definitely the most difficult part of the hiring process. To find a promising candidate with a strong work ethic is no easy task," said Mark Whalen of Las Vegas Kitchen Cabinets Company. "But at the end of the day, that's what makes me most happy about being a small business owner. I'm at the top of the pyramid and I know each person I hire will meet my standards. If my company succeeds, I know it comes from me. If it fails, I am also responsible. I'm in control of the fate of my business."

Image via Shutterstock

Tags: Manta, small business trends, SMB trends, state of small business

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