This 29-year-old spent $20K on a ‘whim’ to open a New York embroidery shop. Now it pulls in $1.6M a year
Yahoo Finance·2025-12-28 20:45

The American entrepreneurial spirit is in full swing in recent years, with applications to start new businesses rising 12.5% each year between 2020 and 2023. In fact, TD Bank estimates that close 1.7 million new businesses may be formed over the next year. (1) Moreover, Americans are side hustling more than ever before as of 2024, with 36% of us spending our free time making extra cash. (2) And your success story may be closer than you think. For a full year, the embroidery machine that would change Ab ...