

The Business Expert: The Truth About the Economy! SBA Head - Kelly Loeffler
51 snips May 14, 2025
In an engaging conversation, Kelly Loeffler, former U.S. senator and current administrator of the U.S. Small Business Administration, shares her inspiring journey from a family farm to becoming a billionaire. She emphasizes the critical role of small businesses in the economy and discusses the challenges of accessing capital and navigating regulations. Loeffler also highlights the potential for a manufacturing renaissance in America and the importance of community and collaboration for empowering local businesses.
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Farm Roots Shape Work Ethic
- Kelly Loeffler grew up on a family farm with no upstairs heating and worked hard alongside her parents in agriculture and a trucking business.
- These early experiences gave her a strong work ethic and insight into small business challenges.
Secrets of Successful Partnerships
- Partnership in business thrives on shared values, mutual passion, and competitive spirit.
- Working closely with your partner requires alignment on life priorities beyond money.
Setbacks Fuel Tenacity
- Kelly faced repeated setbacks and rejections early in her career but refused to accept no.
- Her farm upbringing taught her grit, perseverance, and to never accept the first no.