The reality is that all big businesses were once small.
If you bore down into the history of practically all businesses, they once had few, if any, employees. They operated from cramped quarters including basements, garages, sheds, a desk in the corner, the kitchen table, or a corner table in the local coffee shop.
The owners had probably failed in a prior business. At some point, and more likely at many points, there had been a serious cash flow problem. And there may have been times when they had avoided creditors and the local banker.
The owners had used all or most of their personal funds and the family was on a bare-bones budget. Family members were or had been working in the business. And these members remained the first line of support when a major task needed doing.
If you hear the small-business owner’s story, you will hear these and many more examples of the struggles.
So why bring this up?
First, I just want to remind you that your path is much the same as many business owners.
Second, other owners of businesses, big or small, should be, part of your support network. Not only as a cheerleader, but to offer thoughts and ideas on how they handled the issues you face now or in the future.
Third, they can help make connections just as you can perhaps make a connection for them.
So whatever your dreams for your business, be sure to know that others have been down the same path and are ready to help. Okay, let’s do this.
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Glenn Muske is an independent expert on rural small business, working as GM Consulting – Your partner in achieving small business success. He provides consulting, and writes articles for county extension agents and newspapers across North Dakota. Previously, he was the Rural and Agribusiness Enterprise Development Specialist at the North Dakota State University Extension Service – Center for Community Vitality.