- Home
- Entrepreneurial Success
- Reasons to Keep Your Small Business Small
Reasons to Keep Your Small Business Small
- By A. F. Elario
- Published 10/9/2011
- Entrepreneurial Success
- Unrated
Entrepreneurs are constantly told to think big and chase billion dollar
opportunities. But there are valid reasons to stick with a $2 million
business instead of pushing for a $200 million business:
You can do what you love. From bike shops to doughnut shops, the small business market offers a wider range of sectors to choose from.
All the equity is divided among yourself. A $200 million business does not come without shareholders and partners. A small $2 million business, nurtured and developed over time can often become the nest egg that the owner keeps all to his/her self.
A staff of 10 is all it takes. If your goal is to have the best team ever, then such a dream is more easily achieved with a small business that requires a select handful vs. hundreds or thousands employees.
Comfortably rich is good enough. A well-run $2 million business provides a good opportunity for making $500,000 a year for 20 or so years, while a $200 million business offers a very slim chance of making $100 million.
More choice of locations. A $2 million business can be supported by a great number of cities, communities, or villages, but a $200 million dollar company requires the support of large cities.
More family time. Entrepreneurs who build big companies also build a high stress life. The stresses of hundreds or thousands of employees, shareholders, media, and customers all come with many and heavy burdens.
You can do what you love. From bike shops to doughnut shops, the small business market offers a wider range of sectors to choose from.
All the equity is divided among yourself. A $200 million business does not come without shareholders and partners. A small $2 million business, nurtured and developed over time can often become the nest egg that the owner keeps all to his/her self.
A staff of 10 is all it takes. If your goal is to have the best team ever, then such a dream is more easily achieved with a small business that requires a select handful vs. hundreds or thousands employees.
Comfortably rich is good enough. A well-run $2 million business provides a good opportunity for making $500,000 a year for 20 or so years, while a $200 million business offers a very slim chance of making $100 million.
More choice of locations. A $2 million business can be supported by a great number of cities, communities, or villages, but a $200 million dollar company requires the support of large cities.
More family time. Entrepreneurs who build big companies also build a high stress life. The stresses of hundreds or thousands of employees, shareholders, media, and customers all come with many and heavy burdens.
