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Last Update: Sunday July 25, 2021

In search of the best businesses of the world

Share Problems with Other Owners

Bend, Oregon: Meet Pamela Hulse Andrews, founder of Cascade Business News. She found the network within Opportunity Knocks to be refreshing. Started by our veteran entrepreneur, Jim Schell,  he says, "No small business owner should feel lonely."  But we do.

Jim advocates creating your own small business owners group.  He calls them OK Groups and he's glad to share his guidelines.  These groups typically meet once a month for three hours. Usually there is a group for business owners in retail, plus one for manufacturing, and others for service and for home-based business. The owners serve as an advisory board to one another.

In this episode of the show you meet participants and see how they work together to solve problems and grow their businesses.

Jim Schell says, "All business problems are generic. You've seen one, you've seen 'em all. Products may be different, services may be different, but they're all generic." He has seen with his own eyes that when he puts a group of small-business people together in the same room, someone else will have had the problem, or the opportunity, that another owner is struggling with now.

The key knowledge gained by every OK member is how to use their financial statements to run their business.  Jim wrote a book on the subject .  Using Your Financial Statements is an episode about the topic.  Let's visit Bend, Oregon and learn what it is that Jim teaches his OK members.   

The four Key Ideas and Videos from this episode...
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1.  These business owners have are all been selected by their communities.

2.  Since 1994 in the USA this weekly, half-hour television show has aired.
     on PBS stations and  then on Voice of America around the world.

3.  These videos are in 40+ best-selling college textbooks for business.

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Search by a Key Question i.e. How does one finance the start-up?
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There are eight steps to start, run and grow a business.

Step 1: Dreaming

Step 2: Starting

Step 3: Selling

Step 4:  Growing

Step 5: Employing

Step 6: Scaling

Step 7: Sustaining

Step 8: Exiting

Cultivate new ideas with key business associates:  Each video is answers key business questions. Use them for discussions.  Click on the question for more answers.

Stand out in the crowd, but stay humble. Arrogance never works.   More..

First time here?   Be our guest. That's free! You're also invited to join the school.

Entrepreneurs do not wait for somebody else... More
Small business innovators will be the prime movers to reverse this economic fallout.

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