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Tough Love. The Courage To Make A Change
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Welcome to another episode of Small Business Mornings with your host, Pat Miller, founder of the Small Business Owners Community.
Today's episode dives into a topic that every entrepreneur grapples with but rarely confronts head-on: risk. Join us as we explore how embracing risk is essential to business growth and personal development.
Episode Highlights:
The Essence of Risk:
Pat discusses the inherent risks involved in leaving a corporate job to start a business, sharing his personal story of stepping away from a secure corporate career six years ago. He reflects on the growth and challenges since then and how the willingness to embrace risk has been crucial in his journey as a small business community leader, host, speaker, and coach.
Analyzing Risk:
The discussion shifts to how we traditionally view and analyze risk. Pat challenges listeners to consider risk not just in terms of potential loss but as a necessary step for change and innovation. He encourages embracing the uncertainty of risk to avoid the regret of inaction.
The Impact of Doing Nothing
Drawing from business school lessons, Pat emphasizes evaluating the cost of inaction. He asks listeners to consider where they want to be in 12 months and whether their current path will get them there. This segment aims to motivate listeners to move beyond complacency and make the changes necessary to achieve their goals.
Upcoming Changes and Announcements:
Pat announces a significant change for the Small Business Owners Conference, moving it from Lake Geneva to Milwaukee. He explains the reasons behind the move, including reaching a larger audience and increasing accessibility. This change exemplifies taking a calculated risk to potentially enhance the impact and success of the event.
Community Responses to the Question of the Week:
Pat shares responses from the LinkedIn community on their preference between Mac or PC, highlighting diverse perspectives and the reasons behind their choices. This segment provides insights into how different tools fit into the professional and personal lives of entrepreneurs.
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