Dawn Rivers Baker has an excellent blog on microbusinesses
that pointed me towards a post on bootstrapping that I thought would be
worth sharing.
Tim Berry sat down with his wife recently and came up with 10
lessons they've learned over the last 22 years of running their
business.
At the top of the list was learning from your mistakes. It got me to
thinking how much we learned a couple of years ago from a failed
attempt to video tape and sell footage of local parades. We lost money
on the deal, and spent a lot of time producing each product, but those
lessons gave us some confidence and we were able to translate what we
learned about marketing to our next business idea. The contacts we made
along the way also helped to introduce us to the area and the people.
Looking back now I can clearly see how those early failures were necessary steps in the quest for a microbusiness that fits our lifestyle.