Why in the World Would You Build a Small Business!?

Small business owners

Small business owners

The ideacapitalist interviews… the ideacapitalist, family guy, entrepreneur and small business owner.

How did you become a small business owner, and why?

The simplest answer would be, no one would hire me.  My first job out of school was working for my dad.  Nine months later, my dad fired me.  I knew it was coming.  My dad ran the business out of the house.  That morning my mom had made me my favorite breakfast, blueberry pancakes. 

Thereafter, I have had successful stints with large and mid-size companies, but there’s only so much a person will do for money.  I had reached my limit.

What do you love the most about running a small business?

Gainfully employing good people.  Growing the business.  Being more innovative and responsive than our larger competitors and winning.

What does owning a business allow you to do that most folks do not get to enjoy?

This question has the potential to be long on clichés, but the right answer is that I never have to think twice about getting out of bed in the morning.

What is your biggest challenge right now and how are you dealing with it?

Ok, now it’s time for a clichés.  My favorite expression is from Alan Kay, “The best way to predict the future is to invent it.” In the software development (technology) business we are reminded of this expression daily.  We have to constantly reinvent ourselves.

What has been your proudest moment as a small business owner?

I’m going to equate pride with reward and say my most rewarding moment was when an employee, I held in high regard, walked into my office, and stuck out his hand.  We shook hands and I asked him, “What is this all about?”  He said, “You promised me within five years, I would be making “x-amount” of dollars per year and I am.  Thanks.” 

My proudest moment was March 7, 2013 when we celebrated 25 years in business.

What have you not yet achieved that you would like to?

I’m not a “bucket list” kind of guy.  Certainly I have revenue goals and long-term objectives for the business.  Call it 20/20, annual twenty (20) percent growth in both revenue and profit.  The real challenge is balancing the physical challenges with the mental challenges.  Next year, I’m looking forward to both cross-country skiing and cycling around Crater Lake.

What is the best part of your day?

Getting out on my bike for an hour or two in the middle of a work day, and not getting run over.

What do you read?

I’m reading an amazing, gut-wrenching, inspirational story of personal struggle and entrepreneurship titled Born to Rise: A Story of Children and Teachers Reaching Their Highest Potential by Deborah Kenney

What has been your biggest mistake and how did you learn from it?

I’ve made many. I’m going to make many more.  My biggest mistake would be not to learn from them. 

Who isn’t afraid of failing?!

The Wallenda factor is just a normal fear of falling!  Who isn’t afraid of falling?!

“Just in case you haven’t heard, the Wallenda factor refers to the fear of falling or failing. Shortly after Karl Wallenda fell to his death in 1978 (traversing a 75-foot high wire in downtown San Juan, Puerto Rico), his wife, also an aerialist, discussed that fateful San Juan walk, “perhaps his most dangerous.”  She recalled: “All Karl thought about for three straight months prior to it was falling. It was the first time he’d ever thought about that, and it seemed to me that he put all his energies into not falling rather than walking the tightrope.”

Life is like traversing a tight rope.
If you think you need a safety net,
It won’t be long before you fall. 
Live your life without a safety net,
Or be prepared to live your life
Closer to the ground. 
 
Matt Ridley, The Rational Optimist says, “Pessimism is complacency.”   I think generally speaking I would have to say at times I exercised pessimism in certain situations.  I can relate it to looking in the mirror each morning and thinking, “I’m not getting any younger or thinner,  for that matter.”  I’m over that now!

To see the video – just click on the picture

Last year I spoke of challenges.  This year, I believe anything’s possible!  Last year I spoke of good fortunes, we were fortunate enough to have earned another year in business.  I said I was proud of the intellectual property (IP) and talent we had.  This year I am confident our talent pool here is second to none.    Everyone has bought into The Rational Optimist theme, “Everybody is working for everybody else.” Last year I said opportunities present challenges.

We have faced those challenges.  We have conquered many and we are prepared conquer the future.   While politicians in Washington scrum over the economy and jobs,  free market goes out and creates 100 mpg cars, even driverless cars. We need to tell our politicians…anything’s possible.This year we will focus again on making our products easier to use, easier to install and cloud ready.   Inside Integra, we will continue to concentrate on developing and acquiring better tools to do our jobs in a more productive environment.  Last year’s message was, “Attitude is everything.”   

This year we will continue  to encourage a positive attitude in the workplace, with our customers, partners and suppliers.  Everybody is working for everybody else (click on the picture to the left for the video) because again…. anything’s possible.  Finally, last year I predicted growth would be next our greatest challenge and we grew significantly.  We remain well positioned to take advantage of those significant gains in 2012 and beyond.

To see an awesome video – just click on the picture

I’ll leave you with a great video (click on the photo below) and when you feel that wave of pessimism coming on, remember, anything’s possible.

“We are what we repeatedly do.  Excellence, then is not an act but a habit.” — Aristotle

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