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

The Test

An older couple had a son who was still living with his parents. The parents were a little worried, as the son was still unable to decide about his future career, so they decided to do a small test.  They took a ten-dollar bill, a bible, and a bottle of whiskey, and put them on the front hall table… then they hid, pretending they were not at home.  The father’s plan was: “If our son takes the money, he will be a businessman, if he takes the bible, he will be a priest – but if he takes the bottle of whiskey, I’m afraid our son will be a drunkard.”  So the parents hid in the nearby closet and waited nervously. Peeping through the keyhole they saw their son arrive. The son saw the note they had left.  Then, he took the 10-dollar bill, looked at it against the light, and slid it in his pocket.  After that, he took the bible, flicked through it, and took it.  Finally he grabbed the bottle, opened it, and took an appreciative whiff to be assured of the quality … then he left for his room, carrying all three items.  The father slapped his forehead, and said: “Darn, it’s even worse than I could ever have imagined…”  “Our son is going to be a politician!”

 

Here are 4 ways you can begin to develop your Tama County idea into a business:

 

  1.  Don’t wait until conditions are perfect – If you’re waiting to start until conditions are perfect, you probably never will. There will always be something that isn’t quite right. Either the timing is off, the market is down, or there’s too much competition. In the real world there is no perfect time to start. You have to take action and deal with problems as they arise. The best time to start was last year. The second best time is right now.
  2.  Be a doer – Practice doing things rather than thinking about them. The longer an idea sits in your head without being acted on, the weaker it becomes. After a few days the details gets hazy. After a week it’s forgotten completely. Action is the best cure for fear – once you get started the fear disappears.
  3.  Remember that ideas alone don’t bring success – Ideas are important, but they’re only valuable after they’ve been implemented. One average idea that’s been put into action is more valuable than a dozen brilliant ideas that you’re saving for “some other day” or the “right opportunity”.  Unless you take action it will never go anywhere.
  4.  Call our office 641-484-3108 and get an appointment to discuss your growth idea.
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