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Linda McMahon in Fresno

By Clip Syndicate
We spoke with Linda McMahon, the Administrator of the Small Business Administration, as she visited Fresno during her national "Small Business Week" tour.

http://eplayer.clipsyndicate.com/view/12513/6904331 Video: Linda McMahon in Fresno
We spoke with Linda McMahon, the Administrator of the Small Business Administration, as she visited Fresno during her national "Small Business Week" tour.
http://chic.clipsyndicate.com/video/playlist/12513/6904331?cpt=8&wpid=2637 Fri, 05 May 2017 22:11:08 +0000 Linda McMahon in Fresno We spoke with Linda McMahon, the Administrator of the Small Business Administration, as she visited Fresno during her national "Small Business Week" tour. http://chic.clipsyndicate.com/video/playlist/12513/6904331?cpt=8&wpid=2637 KSEE >> alex: our community knows just how important small businesses are, especially when they're local. today actually concludes national small business week where every year since 1962, the fda highlights the impact of small business owners across the nation. fresno is lucky enough to host the head of the u.s. business administration, linda mcmahon. she was at an event at the fresno convention center today that not only honored small business owners but also helped entrepreneurs start and grow successful businesses. so please help me welcome to the show administrator linda mcmahon who took the time out of her busy day to join us today. i really appreciate it. you so much. >>> thanks so much for having me. >> alex: so you were in fresno today. what did you learn about our small business community here? >>> it is vibrant, absolutely vibrant. >> alex: that's good to hear. >>> this is national small business week. and so my whole goal of touring, i've been from washington dc to new york to indianapolis to dallas, winding up in fresno. i think i saved the best for last. >> alex: you concluded your trip here? >>> yes. >> alex: wow, you must be tired. >>> i'm actually incredibly inspired and invigorated because of the small business community that i've been able to meet since i've been here. touring the sba facilities, being at a couple of functions where we honored some of our entrepreneurs of the year. it's been fantastic. >> alex: wow, wow. you were selected by president trump to lead the stration. and obviously, you were in business before, as many people already know you from world wrestling entertainment. that, you to where you are now? what you learned through growing this business from the past? >>> absolutely. and i've known president trump for quite some time. so he knew of our business and i knew that i had been instrumental in growing businesses from the ground up. and when he talked to me about doing this, he said that i know that you know what it's like to start a business, to try to access capital, to go through some ups and downs. he said, i think that small businesses will feel like you're part of them and i think that's very important. >> alex: so what is it like to be an entrepreneur? >>> exciting, thrilling, scary. entrepreneurs take risks. they have an idea for a business, they want to grow interest around that idea. but they're risk takers. they have to know how to manage the downside. tat's what sba will hopefully help entrepreneurs with. >> alex: how important are small business owners in local communities? >>> they're very important because they're hire ing. not only do they help stimulate the economy in their local community by having a business that's growing, not only their business particularly. but when they open their business, other satellite businesses also benefit from that. and i have found that entrepreneurs really come into business with their hearts. >> alex: that's so true. and how does the sba help them make a difference? >>> by often helping them be able to start their business by getting the capital. as i mentioned the counseing that goes on through our school offices, women business centers, entrepreneurial development centers. we have a lot of advice and counseling for free. >> alex: that's what i was gonna say, it's all for free. >>> it is for free. >> alex: do you ever meet people that say gosh, i have this great idea for a business. or i want to invent this or that. what advice do you give them? what advice do you give those people that have these great ideas that maybe don't even know where to start. which is a scary part, right? >>> that is a scary part. as a matter of fact, one of the businesses that i toured today had to do with boxing. i was talking with the husband and wife who started this and the wife was telling me, we decided we were gonna come and open this gym and do this business. and she said, i better figure out how to do this. she went to an sba center. they both did and they took some classes and really learned about business, how to develop their business plan, how to market. my suggestion is, go to an sba center. >> alex: that's true, that's good advice. that's where you can start. really as easy as that. pick up the phone and ask for information. they're just so helpful to everyone. as far as the nation as a whole, how do you think -- what does the business world look like?nd how do you think s and even small businesses are going to help the economy in general? >>> small businesses especially are the backbone of our economy. you realize that almost 99% of businesses in this country are small businesses. and 2 out of every 3 net jobs created are created by people who work for small businesses or own a small business. and a fast growing element are women. women are starting more businesses than men. and they contribute $1.4 trillion of revenue to the economy each year. >> alex: amazing. >>> there's so much going on in the business world from our miy community, our women owned businesses to all of the businesses across many spectrums. from the food industry to technology to boxing gyms. it's a wonderful thing and it's in my dna. it's in my dna. >> alex: it is. >>> i think that's why president trump felt confident that i would sort of know how to steer the ship. i appreciate that. i'm honored. >> alex: and your story is really what makes america so great. from where you started to where you are now. >>> my husband and i, we have lived the american dream. we started just the two of us sharing a desk, developed a company, grew it nationally, internationally. 800 employees now, customers in 180 countries. >> alex: wow. the world of wrestling. >>> the world of wwe. [laughter] >> alex: the world of wwe. wow, i can't tell you what an honor it was to talk to you and have you in our studios today. >>> thank you, it's really been a pleasure. this is a great, great way for me to wrap up the week of the small business. it's the time when our nation really can pay tribute to the almost 29 million small businesses. they're energized, i'm energized, we're ready to go. >> alex: especially now with social media. doesn't it make it a little easier to be a business owner? >>> sometimes. social media, most of the time, yes. but you need to know how to use it. >> alex: exactly. >>> you need to know how to utilize it. that's also part of what sba can do is help you do that. >> alex: thank you, once again. >>> it's a




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