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What We Can Learn from Small Town Entrepreneurs

Event Interactive 2011
Format Dual
Organizer Barry Moltz Shafran Moltz Group
Description The economy for small business has changed. You can't count on: a job, an income, a loan, the government. Resources are limited. Things no longer always go up. Society has changed. It is cycling away from big: big companies and big retail. Geographic advantage is shrinking, and competition is everywhere. In order to thrive under these conditions, it is essential that every business build a community. Businesses are increasingly using social media to build their reputation and market their business. Companies spend their marketing dollars to find and participate in online communities based on a specific interest. In fact, social media like Facebook, Twitter and YouTube are frequently compared to the old time country store, where everyone knew everyone, and friendly conversations lead to doing business together. Small town entrepreneurs have been building communities to grow their businesses for hundreds of years. We will unlock the secrets of rural entrepreneurs that can now be used to help anyone build a business regardless of where you are located. Why small town entrepreneurs? If every customer can talk to every other customer now, is there anyone who knows how to do business this way? Small town businesses. If building community is the new way of marketing, who is still living by community and can teach us? Small towns. If the old country store is the model for social media, where do we find them? Small towns.
Questions
Answered
  1. How to manage multiple lines of income for yourself to protect yourself during a bad economy
  2. How to turn what you know into an online revenue source
  3. How to invest like a farmer: know your cycles, buy needed equipment, look long term
  4. How to treat limited resources as an advantage
  5. How to build community to support your business
Level Intermediate
Category Entrepreneurism / Monetization
Tags entrepeneurship, Online Communities, small business