Where do they go after they graduate? 

View this email in your browser

 
Howdy

In a couple of conversations lately, entrepreneur courses have come up. I love that people are teaching entrepreneurship, but it’s not enough. 

What good is it to teach people how to be good entrepreneurs if you don’t make more places for them to try out tiny business ideas? 

Right now, once they finish the class, they need to have all their ducks in a row in order to go into business in the traditional ways. In order to afford a building or location and all the startup expenses and then survive the first year, they need to be clean and sober, have great credit, deep pockets, good connections, strong business skills, and a solid support network. This is asking too much of most people.

If they don’t have every advantage in that list, they’re going to need to start smaller, probably tiny. They’ll have to start by using the Innovative Rural Business Models.

Then they can slowly build up their resources, their finances, better credit, more connections, better business skills and find that support network as they go. While they’re already in business. 

And the in-class learning is valuable, but the real-world experience of actually being in business, even a tiny business, is even more valuable. It’s one thing to listen to the lesson on cash flow; it’s another thing entirely to figure out how you’re going to pay for merchandise before you sell it. 

Entrepreneurship is the best leverage point for improving the quality of life in your community. When you give people the tools and resources to earn their own money, you’re helping people gain the financial resources to take on the most pressing issues in your community.

Just make sure you don’t leave them stranded after class, with no place to go into business. 
 
Keep shaping the future of your town, 
Becky

PS –  You can use entrepreneurship and the Innovative Rural Business Models as the focus for your Idea Friendly efforts. Deb and I will show you how to do that with the Through the Lens webinar next week. It’s an easy way to Gather Your Crowd, Build Connections and Take Small Steps to get more entrepreneurship going in your community. Join us on Wednesday or get the replay

 
 

 

Forward this to friend

New email address? Go here to update your profile.

Want to refer a friend to get these weekly emails? Send them to sign up here.

You received this email because you signed up for our email newsletter at one of our websites (smallbizsurvival.com, beckymccray.com, needalittleadvice.com and saveyour.town) You get the regular newsletter and notices when we offer products and services to help you shape the future of your town.

SaveYour.Town

PO Box 8

Hopeton, OK 73746

Add us to your address book

 

Powered by MailChimp  

Did someone forward this to you? Sign up to get your own  

Get a weekly dose of positivity for small communities from Becky McCray and Deb Brown, co-founders of SaveYour.Town. We share practical steps you can put into action right away.
We won’t sell or rent your email address to anyone else because we wouldn’t like that either.