Ready to call it quits, ditch the corporate world, be your own boss?
Two local entrepreneurs have some advice for you.
Be prepared to do it all
Todd Moore worked for Nike Corp. for almost 10 years, managing major accounts including those for JC Penney and the U.S. military. But it wasn’t until starting his own business, Big T Printing in St. Petersburg, that he realized just how much more he still had to learn. He explains:
“I quickly found out about the small details. I now had to create everything! No more reports from the accounting department. No more support from human resources. No more company-driven branding strategy. I am the accounting department. I am the human resources department. I am in charge of developing the branding strategy. Let’s not forget, this starts by developing my own logo! At the end of the day, after all of the customers have been satisfied, I can now start to create some sort of analysis of my business. Well, wait, I have to clean the bathroom first.
“My advice for a start-up entrepreneur is to be prepared to take on everything. Be prepared to work long hours and never be able to ‘leave it at the office.’ Stay focused on the core principles in business and quickly build a support structure around you to handle the small details.”
“Work the business on the side as long as you can, bank as much money as you can” says Peter Radizeski, founder and president of RAD-INFO, a Tampa company that offers business consulting and marketing services. And always keep this in mind: It is harder than you think. Here is more advice for entrepreneurs: It takes planning, knowledge and discipline to run a business. Yes, you need all three. Talk to as many business owners as you can, especially in the field you are jumping into. Learn to sell. That will be your greatest skill.
Live Local! is a publication of LocalShops1, Tampa Bay's leading advocate for small businesses.