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Economic Development is . . . (increasing the flow) of capital through the community and reducing its leakage.

Mel’s Revenge

Mildred was the town gossip and self-appointed monitor of the community’s morals. For years she continually stuck her nose into everyone’s business. No one in town approved of her meddlesome and judgmental ways, but they all feared her ridicule enough to maintain their silence.

She made a mistake, however, when she accused Mel of being an alcoholic after she saw his old pickup parked in front of the town’s only bar one afternoon. She emphatically told Mel (and several others) that everyone seeing it there knew exactly what he was doing!

Mel, a man of few words, stared at her for a moment and just turned and walked away. He didn’t explain, defend, or deny… he said nothing.

Later that evening, Mel quietly parked his pickup in front of Mildred’s house… walked home… and left it there all night.

I love history. It amazes me what we can learn about today in looking back at what has already happened in the past. In the origins of our United States economy I found that the motto on our very first official coin was “Mind Your Business.” It was designed by Benjamin Franklin in 1787. The front of the coin also bore a picture of the sundial with the word Fugio (Latin, “I fly”). The design meant “Time Flies, Mind your Business.”  Franklin’s message was sound economic advice as well as an assertion of privacy.

My how times have changed, the Meddling Mildreds of the world seem to be out-numbering the “Mind Your Own Business Mels” at a large margin these days. Sad, as it appears the majority of people spend their time consumed with pointing out the few weeds in their neighbor’s garden while completely ignoring the overgrown weed patch at their own house.

In terms of Economic Development I know it is human nature to be curious, and to want to tell people what you think is “really going on”. But, Plato said it best – “Wise men speak because they have something to say; Fools because they have to say something.”

When we have economic development to report you can find it in one of two places: the quarterly Pitch and Builds or the local paper- so with that in mind – stay tuned.

Tama County Economic Development helps people validate and grow their businesses. The 3 basic building blocks of a business – you just need a product or service (a talent), a group of people willing to pay for it (a customer/s), and a way to get paid. Put the three together, and congratulations— you’re now a business owner.

With today’s technology in place, it is the cheapest and fastest time in our nation’s history to start and grow a business.  So get your idea scratched out on the back of an envelope and call our office 641-484-3108 and get an appointment to start validating your business idea today.

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