B283 - Capstone

Here are my final thoughts after completing B283 - Small Business Creation:

·         Size
Contrary to popular belief, size really doesn’t matter. If you can make $50 profit a month with your small business idea, go ahead and run with it! As long as you enjoy what you do and you end up in the black have a go at it! You never know what your “small” business is going to turn into and in addition, most successful entrepreneurs are serial entrepreneurs. That means they gave it a try more than once and got better every time! Some things you can only learn from experience.

·         Joy
As stated above, aside from making a profit, the most important part of running your own small business is that you have fun doing it and it gives you joy! If it starts turning into “work”, just stop and find something else to do.

·         Branding
Nobody else in the world will care as much about your small business brand as you do. Remember that! To succeed in this increasingly competitive global market, you have to stand out from the crowd and that means you have to know who you are and what makes you special. You can try to incentivize others to care about your brand, but as soon as the incentive is gone, so is their passion.

·         Rest
Make sure you take enough time off to regularly recharge your batteries. If you only focus on your small business, you will eventually run out of juice and most likely miss impressions around you that could help you be more successful! Have you ever noticed what great ideas you get in the shower? It’s because you are relaxing and treating yourself, so your thoughts can wander and find new solutions to your problems!

I truly enjoyed this class and it gave me back some of the lost passion for starting my own small business.