Jump to Main Content
USA flagAn Official Website of the United States Government
Industry Word

Blogs.Industry Word

Register

Do you run a microbusiness?

Comment Count:
2

Comments welcome on this page. See Rules of Conduct.

Do you run a microbusiness?

By DawnRiversBaker
Published: October 1, 2009
Yes, ;m serious.

Okay, I realize it must seem pretty weird for me to finally get around to asking you this when -ve been blogging microbusiness for more than six years.

But I want you to stop and really think about it.

Do you read stories about small businesses in other media and find you ca-t relate to either their problems or their solutions?

Do you believe that 'growing your business' is just asking for every imaginable administrative headache and that yo'd rather focus on growing your revenues instead?

Are you content with making enough money to support yourself in the style to which you wish to become accustomed, or do you want to build an empire?

It occurred to me not so very long ago that w're getting to the point where we need to self-identify as microbusinesses. We need to own that word as ours because it marks us as different from larger small businesses.

Our operations are different. Our goals and aspirations are different, too.

We need to own who and what we are and intend to be. I's important for any number of reasons but 'm talking to you about it now because I can see that the time is coming when all manner of people are going to want to come and talk to us about all manner of things.

Some of them will want to know how we buy things. They'll scratch their heads in bewilderment when we tell them but they'll still want to know.

Some of them will want to know how and why we vote. Microbusiness owners are neither as demographically nor as politically monolithic as small business owners in general used to be (and, when it comes to those larger small businessees, probably still are).

Some of them will even want to get down to the nitty-gritty of what the difference between a microbusiness and a small business means in terms of public policy and regulatory regimes. Somewhere along the way, some very smart person is going to assess the potential rather than simply looking at the current microbusiness share of GDP, and that is likely to get somebody's attention.

So, there are plenty of reasons why people are going to want to go find some microbusiness owners to talk to. And, when they call us what we are, we need to make sure we are there to answer that call.

It matters because they wo't be willing to wait around if we take too much time because w're shy or slow about it. The're already in the habit of ignoring us; we do't want to encourage more of that.

So ... are you a microbusiness owner?

About the Author:

Comments:

Thanks, Anita. Actually, one of the most intriguing things about microbusiness owners, to me, is how many of them want to grow their revenues even if they don't necessarily want to grow the size of their organization. It's a sort of 'have the cake and eat it, too' attitude towards growth and it gets interesting because it takes some creativity to pull it off. Most of the time, that sort of thing comes down to building a virtual company with the help of whole batallions of independent contractors and other microbusinesses hired to handle the stuff that isn't your core competency. In other conversations, I've sometimes predicted that, if you took all those interconnected little companies and contractors and put them all into a building, it would look an awful lot like a 'company' -- except, of course, that it's not really. And you're right -- there are advantages either way you go with a small business, dependent on what you want and what your personal situation is when you launch it. In some ways, that's the whole point isn't it? :)
Hi Dawn, it's so interesting that you define 'microbusiness' more in terms of attitude and goals and aspirations -- and less in terms of size. You've told me that before -- and it's such an intriguing way of looking at MBs. One thing I'd like to say, though, is that growth can be liberating. As you correctly point out, it can lead to administrative headaches -- lots of them. But it can also free you up as the business owner to get enjoyment back in your business that you may have lost as you've become jack of all trades. Plus, if you create a business that is more than just your own efforts, it can be very very rewarding in the long run. You may have built yourself something you can sell ... a retirement plan, so to speak. I realize that not everyone is interested in such things, and I think no one should feel pushed into growth if they don't want it. Business groups and regulators should never ASSUME that everyone is interested in growth, or diss those who are not, as if they somehow don't count in the economy. Just saying ... there can be some personal advantages to growing your biz. Thanks for a post that makes us stop and think -- really think! You have a knack for doing that. - Anita

Leave a Comment

You must be logged in to leave comments. If you already have an SBA.gov account, Log In to leave your comment.

New users, Register for a new account and join the conversation today!