How Cutting-Edge 21st. Century Tech Giants Are “Crushing It” Simultaneously Pulverizing and Diminishing Start-Up and Small Business Innovation

Abstract

Now more than ever, innovation that leads to the creation of jobs is key to reverse the hostile and ongoing takeover by Tech Giants to provide opportunity for mom & pop stores, start-ups and small businesses to survive and thrive. From ‘idea to profitable reality’ appears impossible for 95% of all start-ups due to the domination of corporate conglomerates, and statistics show that only 5% ever reach $1 million in sales over the course of one year. Moreover, lack of funding from investors and or insufficient access to capital from banks or other financial institutions have resulted in the demise of innovations and entrepreneurship. Life as we all know and experience every day, is the result of trailblazers and those individuals who were willing to 'bet the farm', resulting in progress for humanity in the form of a huge variety of colorful, fun, functional products and services. What we need today is more ideas, inventions and innovation.