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May 07.2025

2 Minutes Read

Essential Strategies from Nearly 18,000 Entrepreneurs for Small Business Growth

Unlocking Entrepreneurial Success: Insights from 18,000 Small Business Owners

As we celebrate National Small Business Week, valuable insights have emerged from nearly 18,000 small business owners who participated in ADP's Grit & Wisdom Contest. This initiative provided a platform for entrepreneurs across the United States to share their best strategies for success, showcasing the resilience and creativity that characterize small businesses.

Key Qualities for Small Business Leaders

The contest responses highlighted essential attributes recognized by the participants: patience, adaptability, and persistence. Many business owners underscored the necessity of being receptive to new ideas and learning from past failures. This spirit of innovation and a commitment to continuous improvement are vital for remaining competitive in today's evolving market.

The Importance of Team Building and Culture

Another prominent theme was the significance of nurturing a strong team and fostering a positive workplace culture. Entrepreneurs stressed the value of treating employees well and leading by example. By encouraging curiosity and open communication, business owners have found that they not only enhance innovation but also strengthen employee relationships.

Emotional Connection to Work

Delving deeper into the sentiments expressed in the contest entries, a strong affection for their work was evident among many business owners. This passion boosts morale and fortifies both customer and team relationships, creating a lively and engaging work environment.

Expert Advice From ADP Leaders

Adding to the entrepreneurs' insights, ADP experts offered advice on prevalent HR and operational challenges. With talent acquisition being fierce, having a competitive benefits strategy can make a significant difference. Tina Wang, vice president of HR at ADP, emphasized the need for comprehensive benefits that show employees they’re valued and appreciated. Moreover, Jason Delserro, chief talent acquisition officer at ADP, pointed out the importance of creating clear pathways for employee growth and development.

Staying Compliant in a Changing Landscape

Meryl Gutterman, senior counsel at ADP, took note of the rapidly changing compliance landscape. She urged small business owners to stay informed about recent changes in labor laws, such as minimum wage and leave policies, to ensure they remain compliant and protected legally.

As you reflect on the insights shared during National Small Business Week, consider how these strategies can strengthen your own business operations. Learn How to Invest Smarter — Free Info, No Obligation, Nationwide Support.

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Essential Strategies from Nearly 18,000 Entrepreneurs for Small Business Growth

Unlocking Entrepreneurial Success: Insights from 18,000 Small Business Owners

Key Qualities for Small Business Leaders

The Importance of Team Building and Culture

Emotional Connection to Work

Expert Advice From ADP Leaders

Staying Compliant in a Changing Landscape

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San Diego CA

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