Over 7000 Businesses from 13 States Generate More Than $30M in Potential Business for Each Other During The Very First Small Business Stimulus Week
December 10th to the 14th, was the very first Small Business Stimulus Week, with over 7,000 small businesses from 13 states participating. In five days over 4288 referrals were passed generating $30,879,089 in potential business for those small businesses. Small Business Stimulus Week is the brain child of Frank De Raffele, BNI Executive Director, New York Times bestselling author of three books, and President of Entrepreneurial Excellence Worldwide, Inc. He came up with this initiative as a way to help small business owners stimulate their own economy. The projected goal for this first event was to generate $10M of potential business. He never believed that goal would be exceeded by three times that amount. "It just goes to show the power of the small business entrepreneur. It is up to us to stimulate our small business economy and therefore jump-start the nation's economy." stated De Raffele.
(CLICK HERE or on the graphic above to watch a video featuring BNI Executive Director Tim Roberts talking about Small Business Stimulus Week)
According to De Raffele, the great success of the initiative is because of the seven founding Directors he partnered with across the USA. These 7 Directors had businesses participating in New York, New Hampshire, Maine, Massachusetts, Florida, Alabama, Indiana, Oregon, Washington, Nebraska, South Dakota, Iowa and Wyoming. What really is exciting to De Raffele is the effect Small Business Stimulus Day will have on businesses that didn't even participate. "When business is done locally there is an economic factor of 5. Meaning that this locally generated money will be spent over 5 times in the local community. So this $30 Million will realize over $150 Million of revenues for local businesses, nationwide. This is why we are excited to conduct this initiative twice a year," says De Raffele.
The second Small Business Stimulus Week, scheduled for July 15th - 19th of 2013, will be international. Over 10,000 small businesses from Australia, the United Kingdom and Canada are signed on. There has also commitments from small businesses in 10 additional states here in the USA. De Raffele said when he first came up with the idea he could see it being a worldwide initiative but never thought it would expand so quickly.
For an interview with Frank De Raffele, additional data, or names of participating business owners please call (914) 489-6165 or email firstname.lastname@example.org