- An overwhelming majority of surveyed entrepreneurs (74.8%) reported being somewhat or very happy
- Guidant Financial report describes entrepreneurs as “backbone of the COVID recovery”
- SHRG and its Happy Company have been part of that wave of entrepreneurial growth
Small business owners tend to be happier, according to a recent Guidant Financial 2022 trends report (https://ibn.fm/jrhWW). The report just reaffirms what Sharing Services Global (OTCQB: SHRG) already knew when it rebranded its direct-sales division as The Happy Company early last year.
“Entrepreneurs are just happier, according to Guidant Financial’s 2022 Small Business Trends report,” states a Direct Selling News article. “The past two years and counting have been inordinately challenging for small business owners, but even amid these struggles, an overwhelming majority of these entrepreneurs (74.8%) reported being somewhat or very happy. When Guidant Financial compared these numbers to other happiness scales, the results portray business owners as happier than the average American.”
The article notes that while these entrepreneurs obviously face challenges as they work to maintain and even grow their businesses, Guidant Financial described them as “the backbone of the COVID recovery.”
Sharing Services and its Happy Company have been part of that wave of entrepreneurial growth. SHRG announced the rebranding of its direct-sales division in March 2021, noting that the newly titled brand had received a $30 million investment increase from its largest shareholder, Document Security Systems. In addition, SHRG plans to launch a travel company to add to its direct-selling arsenal, focusing on providing exclusive benefits and first-class discount travel opportunities to its brand partners and customers (https://ibn.fm/sxwlE).
“We will be in the right place at the right time on our launch of Hapi Travel Destinations,” said SHRG CEO John “JT” Thatch (https://ibn.fm/mQ7ko). “All the pieces for a successful launch are falling into place as consumers are starting to re-engage with travel, hospitality and vacations on a regular basis.”
Thatch added, “I am a firm believer that a travel experience with friends and family is one of the most meaningful things you can provide your family. Our hope is that this turnkey travel solution we’ve created will open up travel opportunities for so many consumers who were previously only able to dream about grand adventures.”
Sharing Services Global Corporation is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer. Its primary division includes Elevacity U.S. LLC, the parent company of the Happy Co. and a sales and marketing company based on utilization of independent contractors as the sales force.
For more information, visit www.SHRGInc.com, www.TheHappyCo.com, and www.HapiTravel.com.
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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