The risks and rewards of running a business are known to business owners who have tried, failed, tried again and succeeded beyond their wildest dreams. Those business owners wear many hats and often face real-life challenges like making payroll, paying taxes and suppliers. Yet, businesses are operated by committed people with the drive and passion to provide a better product and make life better for their customers.
Business owners arise every day, often after sleepless nights, and face challenges in order to operate a business that better serves their clientele. Being a business owner/operator is definitely not a part-time job. Below are a few quotes that may help you stay the cause and give you reasons to believe that your vision can and will succeed.
- Nolan Kay Bushnell founded and succeeded with a few small businesses that eventually became large and profitable businesses. Bushnell’s most notable businesses include the Chuck E. Cheese Pizza Time Theater Chain and video giant Atari. He said: “The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.” Newsweek magazine named Bushnell, who most definitely qualifies as a doer, not just a dreamer, as one of their “50 Men Who Changed America.”
- Candice Carpenter, the co-founder of iVillage.com and one of the first women to capitalize on online social networks and head a successful IPO, believes creating value is the essential ingredient in business development. “If you are committed to creating value and if you aren’t afraid of hard times, obstacles become utterly unimportant. A nuisance perhaps, but with no real power. The world respects creation; people will get out of your way.” People have been getting out of Candace Carpenter’s way for a long time.
- Mark Cuban, Owner of the NBA’s Dallas Mavericks and co-owner of 2929 Entertainment and Chairman of AXS Television and a noted investor in the television series Shark Tank, knows what he wants to see in a business owner/manager but he says that businesses start with a basic concept that, “All good businesses are personal. The best businesses are very personal.”
- Aaron Patzer, the founder of Mint believes successful entrepreneurs have a different approach. “Solve a real problem. You don’t start a company because you want to be an entrepreneur or the fame and glory that comes with it. You become an entrepreneur to solve a real problem.” This philosophy is so important. If you ever have doubts about your vision, revisit the driving force behind your enterprise. If you are solving a problem, there are reasons to keep going. Intuit eventually purchased Mint and now has more than 10 million users.
- Business owners make sacrifices they never envisioned. Jeff Bezos, who founded Amazon in his garage, had an inkling of the challenges ahead. He said, “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” This is the type of risk/reward motivation most small business owners understand. They are determined to succeed but deem the risk worth the challenge.
- Seth Godin left his job at Spinnaker and took his $20,000 in savings and founded Seth Godin Productions in a small apartment in New York. After partnering with Mark Hurst, they founded Yoyodyne. He soon sold his book packaging business to concentrate on Yoyodyne and developed the concept of permission marketing. Godin encourages business owners to remember, “You are not your resume, you are your work.”
- 2015 inductee to Canada’s Walk of Fame, Silken Laumann and medaled scull champion who overcame physical disabilities, says, “Success in life comes to those who simply refuse to give up; individuals with vision so strong that obstacles, failure, and loss only act as teachings.” Small business owners know they must stand on their own feet and keep moving forward.
- Henry Ford knew a few things about startups, small business, failures, and successes. He explained his philosophy: “Failure is simply the opportunity to begin again, this time more intelligently. A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.”
- Business owners face seemingly unsurpassable risks. But perhaps the person who said it best is hockey legend Wayne Gretzky. “You miss 100 percent of the shots you never take.”
- Interstate Capital helped improve the cash flow of more than 10,000 businesses in the last 25 years. “Twenty-five years ago, we had no strategy except to make a business out of it, and do some good for the community and give back to the community,” Tony Furman said during an interview in Interstate Capital’s headquarters in Santa Teresa, where they started the company in 1993.
If you are looking to grow your business by boosting your cash flow, get in touch with one of Interstate Capital’s factoring specialists today.