Finance expert Mike Periu on how small-business owners are spending more time and money on social media.
November 08, 2012 According to a recent survey by Vertical Response, two-thirds of small-business owners are spending more time on social media, with 90 percent using Facebook and 70 percent using Twitter. Social media budgets are increasing at twice the rate of overall marketing budgets, indicating that social media is consuming a larger portion of overall marketing expenditures among small-business owners. 86 percent spend less than 10 hours a week dedicated to social media, with the majority spending between 1 and 5 hours.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
A little about Mike Periu
Periu founded Proximo, LLC nearly 15 years ago. The company provides small business education and training services with an emphasis on finance and technology.
Periu teaches empowerment through entrepreneurship and economic opportunity. He regularly appears on television and radio talking about these subjects.
Periu also writes for leading blogs about finance. These include: American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Periu studied Finance and International Business at Georgetown University. He is a Board member at the Council for Economic Education.
