Entrepreneurs are a unique group of business men and women. They often have a level of confidence that others may not, and they feel compelled to create something of their own. This drive is powerful, as small businesses help revitalize downtowns, strengthen economic resilience, distribute wealth more fairly, and often foster stronger communities. While entrepreneurs are partly motivated by money, many are also driven by personal purpose or broader missions. A few ideas will help you gain a wider perspective on what it takes.
(Start-Up Idea: For example something like custom fishing poles, golf clubs, etc. might work well in dowtown Escanaba. Good for tourists, can be exported, could grow, etc. Escanaba is becoming an entrepreneurial digital nomad industry friendly location with 4 seasons, good people, affordable coastal living, beaches, marinas, environmentally clean area, nightlife and arts. Some industries have taken notice as well and investing in housing and tourism has also risen.)
Here are a few lessons I’ve learned during the startup process:
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If you want to do something, just start—learn, do, practice, grow.
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Unless you have capital to spare, make sure investments directly improve your bottom line.
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Some days will go well, others won’t—grit is what keeps you moving forward.
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Maintain balance between business and life so one doesn’t come at the expense of the other.
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Focus on your customers—their needs, exceptional service, and individual care matter most.
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Never stop learning; life is a journey where knowledge gained and shared creates growth.
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Be generous and treat others well; money fades, but the legacy you leave behind lasts.
The article below provides some interesting statistics on who succeeds and who does not,
The Surprising Psychology of Successful Entrepreneurs and Why They Take the Risk
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