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Resilience Pays Off: 75% of Microbusiness Owners Relaunch After Setbacks, GoDaddy Reports

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TEMPE, Ariz., Nov. 21, 2024 /PRNewswire/ — For many microbusiness owners, closing one venture is not the end—it’s the beginning of something new.

According to GoDaddy’s 2024 Annual Venture Forward report, 75% of microbusiness owners who close a business don’t give up, even if their efforts didn’t yield a profit. Instead, they persist, launching new ventures. Of these, 39% become the main income for their households.

Resilience Powers Microbusinesses

Microbusiness owners are placing greater confidence in themselves. They are less swayed by uncertainty in the economy. Only 39% say they are confident in the national economy. But 74% are optimistic about their business prospects in the next six months. Even among those pessimistic about the economy, one in four plans to hire within a year. Entrepreneurs are making decisions based on business needs rather than on the economy.

Microbusinesses, Macro Impact

Microbusinesses are a cornerstone of the U.S. economy. Many start small, with 34% beginning as side hustles, and over 70% leveraging an online presence to fuel growth.

GoDaddy’s Venture Forward research highlights that, at the county level, each entrepreneur creates an average of seven jobs – up from just two in 2020. Also, 58% of say their work helps their local community.

Progress in Equity and Representation

The face of microbusiness ownership is evolving. Women now own 51% of microbusinesses, up from 41% in 2019. Today, nearly a third of women owners serve as household breadwinners. Black-owned businesses are also on the rise, with women driving much of the growth. Older entrepreneurs are joining the wave as well, with 19% of owners now aged 55 and older. This diversity of age, gender, and race reflects a vibrant and evolving entrepreneurial landscape.

“Setbacks often lead to fresh starts and new opportunities,” said Alexandra Rosen, Global Head of GoDaddy Venture Forward. “These entrepreneurs are showing how perseverance can translate into profit and impact, not just for their households but for their communities.

“Microbusinesses remain essential to local economies and are the heartbeat of neighbourhoods,” Rosen added. “At GoDaddy, we’re proud to share these data-driven insights and to provide the tools and support that help these businesses succeed. Microbusinesses might be small, but they’re mighty.”

About GoDaddy Venture Forward

GoDaddy’s Venture Forward research initiative analyzes more than 20 million online businesses with a digital presence (measured by a unique domain and an active website). Most of these businesses employ fewer than ten people, categorizing each as a microbusiness. Since 2018, Venture Forward has surveyed more than 50,000 entrepreneurs with a digital presence, making it the source for microbusiness data and insights. To find out more about GoDaddy’s Venture Forward research, visit www.godaddy.com/ventureforward.

About GoDaddy

GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo™, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

*66% of microbusiness owners agree with the statement “life is better as an entrepreneur.”

Source: GoDaddy Inc.

 

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SOURCE GoDaddy Inc.

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Geo Week Announces Keynote – Francis Scott Key Bridge: Rescue, Recovery, and Rebuild

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Experts from USGIF, NOAA’s National Geodetic Survey, and Army Geospatial Center will participate in panel discussion

PORTLAND, Maine, Nov. 21, 2024 /PRNewswire-PRWeb/ — Organizers of Geo Week, the leading event uniting geospatial technologies with the built environment, announced a second Keynote:Francis Scott Key Bridge: Rescue, Recovery, and Rebuild. This keynote will take place during Geo Week February 10-12, 2025, at the Colorado Convention Center in Denver, Colorado.

This keynote will highlight how these technologies not only aided in the immediate rescue and recovery efforts but also serve as a foundation for rebuilding stronger and smarter.” – Ronda Schrenk

This keynote presentation will discuss the heroic rescue and recovery operations through the eyes of the National Oceanic and Atmospheric Administration and the Army Geospatial Center. Presenters will explore how numerous teams mobilized quickly, leveraging a vast array of geospatial data inputs and advanced analytics to create a groundbreaking common operating picture. This enabled unparalleled collaboration across federal, state, and local levels to address a disaster of this magnitude.
Rhonda Schrenk, CEO of United States Geospatial Intelligence Foundation (USGIF), Mike Aslaksen, Chief, Remote Sensing Division of NOAA’s National Geodetic Survey, and Jeremy Wasson, Lead for Data Integration at the Army Geospatial Center (AGC) will discuss the crucial role geospatial technology played in addressing an infrastructural disaster in one of the U.S.’s largest ports.

“The Francis Scott Key Bridge incident is a powerful reminder of the critical role geospatial intelligence plays in disaster response and infrastructure resilience. Leveraging advanced geospatial data and a common operating picture, we were able to unite agencies at all levels to address an unprecedented challenge,” said Ronda Schrenk, CEO of USGIF. “This keynote will highlight how these technologies not only aided in the immediate rescue and recovery efforts but also serve as a foundation for rebuilding stronger and smarter.”

For detailed information on the keynote sessions, visit http://www.geo-week.com/keynotes.

Visit http://www.geo-week.com for more information on attending or exhibiting. Register now for Super Saver pricing.    

About Geo Week

Geo Week, presented by https://www.g eoweeknews.com/conference-news [Geo Week News __title__ ], was created in response to the changing needs of the built world and geospatial professionals and to acknowledge the increasing convergence of technology. Geo Week’s conference program and tradeshow floor feature commercial applications of geospatial and 3D technologies, innovations, and case studies in the built environment, advanced airborne and terrestrial remote sensing solutions and more. Multiple strategic partnerships, including Conference and Event Partners ASPRS and Reality Capture Network, plus Event Partners ISPRS, MAPPS, USGIF, USIBD, and WGIC strengthen Geo Week. Geo Week occurs February 10-12, 2025, at the Colorado Convention Center, Denver, CO. For more information, visit https://www.geo-week.com/.    

Geo Week is produced by Diversified Communications’ technology portfolio, which also includes Commercial UAV News; Geo Week, Geo Week Newsletter, 3D Technology Newsletter, AEC Innovations Newsletter, Geo Business (UK) and Digital Construction Week (UK).

For information about exhibiting at Geo Week, visit the Exhibitor Information page or contact Casey Reynolds, Sales Manager, at creynolds@divcom.com. For Attendee Inquiries, visit the Attendee Inquiry page or email info@geo-week.com

Questions?
Lora Burns
Geo Week Senior Marketing Manager
lburns@divcom.com

Media Contact

Lora Burns, Diversified Communications, (207) 842-5522, Lburns@divcom.com, http://www.geo-week.com/

View original content to download multimedia:https://www.prweb.com/releases/geo-week-announces-keynote—francis-scott-key-bridge-rescue-recovery-and-rebuild-302313480.html

SOURCE Geo Week

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AVAPOW’s Black Friday Event: Essential Automotive Tools At Exclusive Prices

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NEW YORK, Nov. 21, 2024 /PRNewswire/ — With winter’s chill fast approaching, AVAPOW, a leading expert in vehicle tools, is making it easier for vehicle owners to prepare for the season’s challenges. From November 21st to December 2nd, AVAPOW’s Black Friday event offers exclusive discounts on essential tools for winter readiness. Available on Amazon, TikTok Shop, Walmart, and Mercado, this limited-time event highlights a range of powerful and reliable products designed to support drivers through the cold months ahead.

Trusted by vehicle owners, AVAPOW’s tools are known for their reliability and performance, especially in tough winter conditions. Whether tackling freezing mornings or addressing unexpected roadside issues, these products have become indispensable for many.

Building on this trust and proven performance, AVAPOW is proud to highlight the following key products during the Black Friday event.

AVAPOW Black Friday Highlight Products

A68 – As a flagship product, the A68 features a 6000A peak current, and an eight-safety protection system, designed to jump-start 12V vehicles even in freezing temperatures. Compact yet powerful, it includes an eight-safety protection system and a bright LED SOS light, making it an indispensable tool for winter emergencies.A58 – With a 4000A peak current, the A58 is versatile enough to start all 12V vehicles. Its intelligent protection features make it an essential tool for winter road trips or when stranded during snowstorms, offering peace of mind during harsh conditions.AP6 – Equipped with USB-C IN/OUT fast charging technology and a 3.3-inch LCD screen for real-time monitoring, the AP6 combines a jump starter with a powerful air compressor. It’s perfect for inflating tires or jump-starting your vehicle, even in sub-zero temperatures.A07 –The upgraded A07 includes 8 safety systems, an IP65 water-resistant rating, one quick-charging USB port, and 21 bright LED bulbs. From providing light during nighttime roadside assistance to jump-starting your car in icy conditions, it’s a dependable tool for emergencies.

These products are not only practical tools but also make thoughtful gifts for anyone who relies on their vehicle during the winter season. Don’t miss the chance to take advantage of these special offers and ensure your journeys are safe and hassle-free.

About AVAPOW

At AVAPOW, we recognize that life is a journey filled with both challenges and opportunities. “AVA” represents two different directions: a time to rise like an A, and a time to fall like a V. But we believe that we shall overcome and keep moving up as an A. “POW” signifies the inner power and strength we all have in our deepest hearts, inspiring us to move forward with confidence, unafraid of anything.

Our Mission

“Wherever there is a road, we will be there with you.” We are committed to empowering you to explore the world, equipped with the right tools to navigate any situation, ensuring that every journey is met with confidence and reliability.

Our Vision

To become a world-class brand in automotive tools.

Official Website: https://www.avapow.net/

Amazon Flagship Store:

https://www.amazon.com/stores/AVAPOW/page/706D9338-B5FE-451B-AE07-032137EE8ADA

TikTok Flagship Shop:

https://vt.tiktok.com/ZTYNB5DDX

Official Social Media

Facebook: https://www.facebook.com/avapow.fans
Linkedin: https://www.linkedin.com/company/avapow/
TikTok:https://www.tiktok.com/@avapow

Contact:marketing@avapow.net

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SOURCE AVAPOW TECHNOLOGY INC.

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Government of Canada Supports Increased Indigenous Participation in the Natural Resources Economy in Nunavut

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POND INLET, NT, Nov. 21, 2024 /CNW/ – Partnering with Indigenous Peoples, communities and businesses is critical to building inclusive, sustainable and resilient natural resource sectors in Canada.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $2.1-million investment under the Indigenous Natural Resource Partnerships (INRP) program to the Qikiqtani Inuit Association (QIA) for an Inuit-led project in Nunavut.

Results of the project will include:

QIA will purchase heavy equipment simulators dedicated to the Pond Inlet Research and Training Centre.Inuit Nunavummiut will be able to receive vital training in their home territory.Systemic barriers to Inuit participation in the natural resource economy will be reduced.Meaningful partnerships and engagement in the critical minerals sector will be advanced.

The Government of Canada remains committed to advancing meaningful partnerships with Indigenous Peoples and enabling the development of innovative natural resource projects that will produce benefits for generations to come.

Quote

“Today’s investment is about fostering Inuit mining expertise to create more jobs and drive economic growth in ways that advance economic reconciliation. It is our priority to enable the full participation of Indigenous partners in the development of a natural resource economy on our way to a clean energy future — a future where all communities can take advantage of technologies that reduce costs and provide job opportunities in vitally important industries.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

Quick Facts

Mineral exploration and mining are among the largest private sector industries in Nunavut, accounting for 41.23 percent of the gross domestic product in 2021. In 2022, Nunavut was responsible for eight percent of total iron ore production in Canada.Budget 2022 allocated $80 million over five years, starting in 2022–23, to renew and expand the INRP program to all natural resource sectors and all regions of Canada. The expanded program provides targeted funding to Indigenous communities across Canada to build the capacity and establish the partnerships necessary to secure economic opportunities from natural resource projects and become equal partners in Canada’s net-zero transition.The QIA is a Designated Inuit Organization under the Nunavut Agreement (Nunavut Land Claims Agreement). QIA is a regional Inuit organization representing the 13 Inuit communities in the Qikiqtani Region of Nunavut. Key to its mandate is the implementation of Inuit-led and Inuit-driven solutions for the betterment of the Qikiqtani Region.QIA aims to strengthen the benefits of Nunavut’s mining industry by establishing educational facilities and training that will see an increased percentage of Nunavut Inuit youth hired in positions relating to critical minerals exploration, operations, research and monitoring.

Related Information

Indigenous Natural Resource PartnershipsCritical minerals in Canada Iron ore facts

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SOURCE Natural Resources Canada

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