Published 12-16-24
Submitted by GoDaddy
As originally published by GoDaddy’s Venture Forward research initiative
We love to celebrate entrepreneurship, and this report highlights GoDaddy's deep connection with small and microbusiness owners. We're there from the start of their journey, supporting millions of entrepreneurs from the moment they launch their business idea.
This year, GoDaddy's microbusiness research initiative, Venture Forward, expanded to four countries, to provide exclusive data on the presence, contributions and mindset of entrepreneurs across the U.S., U.K., Australia and Canada. Our goal is to widely share our insights so others can join GoDaddy in supporting and advocating for entrepreneurs.
In this 2024 edition of our annual Venture Forward report, you'll find insights on where and how these business owners are starting and growing their ventures, as well as who they are - from motivations and goals to challenges and demographics.
One thing is clear: these entrepreneurs are resourceful. Running small businesses with typically fewer than 10 employees means they must embrace new opportunities and tools, such as Generative Al to grow and compete.
They are also resilient. They bet on themselves in all economic conditions,
contributing to their local economies, creating jobs and supporting households with their ambition and drive.
We share their optimism, especially as our data reveals their outsized impact on communities and job creation. By uncovering and publicizing data about entrepreneurs, it is our hope other stakeholders will leverage this research to help - as GoDaddy's mission states - make opportunity more inclusive for
all.
GoDaddy Venture Forward 2024 Annual Report | U.S. Edition
This report is powered by the latest data from Venture Forward, GoDaddy's research initiative to quantify the presence and impact of over 20 million global online microbusinesses on their local economies, while shining a light on the entrepreneurs behind them.
We’re here to support entrepreneurs.
Contact GoDaddy Venture Forward at VentureForward@GoDaddy.com
GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online. GoDaddy is the place people come to name their idea, build a professional website, attract customers, sell their products and services, and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success. To learn more about the company, visit www.GoDaddy.com.
GoDaddy focuses on making opportunity more inclusive for all in the communities where we work, live and play across the globe. We rally behind inclusive entrepreneurship and other critical local needs that empower people to succeed through philanthropic and in-kind donations, volunteerism, strategic partnerships and advocacy.
Empower by GoDaddy is GoDaddy's global community and philanthropic program equipping entrepreneurs in underserved communities with training, tools and peer networks to accelerate their journeys. GoDaddy rallies behind entrepreneurs in underserved communities by building their confidence and skills to strengthen their small business’ digital presence. Entrepreneurs engage in customized learning experiences, work 1-1 with GoDaddy volunteer coaches and local mentors, and gain access to wrap-around services, in-kind products and networks boosting their small businesses success.
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