Her Small-Business Success Grew Into WWE. Now She Wants To Inspire Other Entrepreneurs

By Tim Sheehan
The Fresno Bee

WWR Article Summary (tl;dr) As the new administrator of the U.S. Small Business Administration in President Donald Trump’s cabinet, Linda McMahon says, “I want to make sure that those who are starting businesses understand the reach and the power of SBA.”

The Fresno Bee

Linda McMahon made her business reputation as a partner with her husband Vince building World Wrestling Entertainment from a basement-based enterprise into an entertainment empire.

Now, as administrator of the U.S. Small Business Administration in President Donald Trump’s cabinet, McMahon sees her job as not only advocating for entrepreneurs and business start-ups, but also bringing more intensive marketing to make sure business owners are aware of the range of services available from the SBA.

McMahon was the featured guest at a National Small Business Week event Friday at the Fresno Convention Center attended by several hundred business owners from throughout Central California.

Her visit was reportedly the first by a national SBA administrator — a Cabinet-level post — in 16 years.

McMahon said she and her husband, WWE chairman/CEO Vince McMahon, “didn’t know anything about SBA” when they were growing their business from promoting live wrestling events in the Northeast to a nationwide presence. “I want to make sure that those who are starting businesses understand the reach and the power of SBA.”

The agency has a range of services — from government-guaranteed loans to business-planning counseling and mentoring programs to assistance on landing government contracts.

“I am your advocate and SBA is your advocate,” she told the crowd, “and we want nothing more than to create an environment with policies and opportunities to have access to capital (and) to get the counseling you need” through SBA programs. “I can relate. I get it. I understand what can happen when, in spite of everything you’ve done, something goes wrong and you wind up having to declare bankruptcy.”

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