GoDaddy’s CEO, Aman Bhutani, opened the event by sharing data that illustrates the impact microbusinesses make on local economies throughout America. These are businesses and ventures run with fewer than ten people. Often, they’re run by just one person, part-time. They’re side-hustles. Despite their size, these ventures make a startling impact on their communities.
The power of ventures on local economies
Measuring like-for-like locations impacted by the Great Recession, GoDaddy found that cities with more microbusinesses per 100 people recovered faster than cities with fewer everyday entrepreneurs.