Therefore, this article is dedicated to all the risk takers and rule breakers. For every entrepreneur who’s ever maxed out their personal credit cards, refinanced their home or borrowed money from friends and family to pursue their dreams and create opportunities for themselves and others.
After speaking with someone I consider a successful small business owner, it was clear to me that the secret to running a small business is all about taking risks. Risks that others may find impractical, illogical, or even unrealistic. But those who take risks without caring what others think are generally the most successful.
Why do only half of small businesses last their first year? Well, if you talk to a small business owners who have failed, you’ll find many reasons—lack of capital, poor management or declining market. But I believe it’s the fear of failure.
Many people are afraid to fail. We’re afraid to disappoint those we love or look up to. Or more important, we’re afraid of failing ourselves, because failure is not something that is taken lightly in this society.
However, in order to be successful you have to put your fears aside. Take Steve Jobs for example. He was a college dropout and is one of our generations most influential innovators. Jobs was also a risk taker and entrepreneur.
Jobs once said, in his commencement speech for Stanford University:
“You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle.”
“Don’t settle,” that’s probably the best advice I’ve ever received. It makes me think…why would anyone want to stay in a job that makes him or her unhappy when they can have a career that challenges them and makes them a better person in the long run? I believe that is how entrepreneurs think.
Money is nice, yes, but it’s not everything. Heck, if I cared about money I would have went to school to become a doctor or a lawyer, rather than a public relations practitioner. Hence, small business owners aren’t in it for the money either. They’re just doing what they love—at least the successful ones—and the money is a byproduct of doing what they love well…and having others value that.
Therefore, in honor of National Small Business Week, kudos to the entrepreneurs and small business owners who won’t settle. By making your own mark on the world you make the world a better place. You create jobs and meaningful work—for seasoned professionals and college graduates. You work for little to nothing just to make your company and those who work for you more successful. You guys rock!
So to you aspiring small business owners and entrepreneurs, I raise my glass and I offer some of the small business tips and tricks I’ve learned from some of the best small business owners in the biz.
• 7 Social Networking Tips for Small Business
• 5 Web Design Tips for Entrepreneurs
• Using Twitter Strategically for Small Biz
• Tips for Developing Your First Website
• SEO: Check Your Own Rank
• Google Plus for Your Business
Running a small business is not always the glorious occupation most people perceive it to be. The hours are long, the market is demanding, and managing people can be difficult. But talk to any small business owner, at least those that love their work, and they’ll all tell you the same thing—there isn’t anything else they would rather be doing. So find your passion and go for it!