Who would you have more confidence in: a titan of Wall Street, or a military general, or a doctor or a small business owner?
In a recent Harris Poll survey, more people had confidence in leaders of small businesses than any other kind of leader they were asked about.
I’m not sure what this poll says more about — the reputation of small business leaders or the reputation of the other leaders. Here’s the exact breakdown:
Notice the wide variance between small business owners and the leaders of large corporations. It doesn’t take much for the highly-publicized excesses of a few in large public corporations (Enron-like collapses and take-your-breath-away CEO pay packages) to undermine confidence in the entire group.