Page 46 - EQ Mag-issue 5

BUSINESS DEVELOPMENT RESOURCE

IT’S ALL ABOUT BUSINESS

By: Anthony W. Walker

he change
i n t h e
Tn u m b e r
of jobs over
time is the net
r e s u l t o f
increases and
decreases in
e m p l o y m e n t
that occur at all
private business
in the economy.
B u s i n e s s
E m p l o y m e n t
D y n a m i c s
statistics track
these changes
in employment
a t p r i v a t e -
s e c t o r
establishments
from the third
month of one
quarter to the
third month of
the next. In the
first quarter of 2019 (According to the Department of believe it when I first heard just how much some of
Labor and Statistics), firms with 1-49 employees had a the top bloggers were making.
net employment gain of 280,000, firms with 50-249
employees had a net employment gain of 150,000, Individuals like:
and firms with 250 or more employees had a net
employment gain of 149,000. Tim Sykes - $1,000,000+/per month
Melyssa Griffin - $200,000+/per month
These statistics show a trend that has been growing Jeff Rose - $138,000+/per month
for several years now. Small businesses and Yaro Starak - $40,000+/per month.
entrepreneurs are creating more employment
opportunities than larger corporations. Small Out of the top 21 bloggers Yaro Starak’s $40,000 a
business it seems is the new business frontier. It is full month was the minimum being earned.
of new and uncharted business models, business Online business or e-business is any kind of business
concepts, inventions (App created businesses), and a or commercial transaction that includes sharing
crop of people making a living on the internet. I don’t information across the internet. The term “e-
know about you, but I know personally I could not business” was coined by IBM’s marketing and

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