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Last Update: Thursday July 29, 2021

Key Idea: Invest Yourself In Your Community

Everyone in Fort Worth, Texas agrees that the volunteer efforts of the business community have transformed an ordinary downtown into an exciting and completely original destination.

Key Question:

A: 

Work to improve your ecosystem. Reed is lucky to own a business in a business-friendly town but he is not leaving his future to chance. He serves as Chairman of the Small Business Committee of the Fort Worth Chamber of Commerce. He also volunteers at the Business Assistance Center, is available to mentor new business owners and works on compliance issues.

In addition, he knows everyone involved in servicing airplanes at Meacham Field. This way he can refer his customers to the best sources and his customers will be treated properly.

Q: How important is the local business climate to the success of your business and what can you do to have a positive impact on it?

A: It is very important to most small companies. For Texas Jet, marketing Fort Worth is nearly as important as it is to market themselves. You might think that for Reed to spend time working to improve the community is fine for him but it wouldn't help you because you don't do much business locally. Don't ever take our advice here too literally. Think hard about the "ecosytem" you must have to thrive and figure out how you can help others who must be strong for your business to grow. We never know the right answer for everyone who is studying the material at Small Business School. I do think we know the right questions.

Think about it

What can you do, as a volunteer, that would help everyone in your supply chain?
 

Clip from: Texas Jet

Fort Worth, Texas: There are no lines. No crowds. No delays. Just red carpet treatment all the way. And, it is not just for the wealthy anymore. Here at Meacham Field and in 5000 other small airports around the USA, small business owners service, sell, own, and use private jets. This is the other airport in town.

This is the story of Texas Jet which is FBO, Fixed-Base Operation; they provide all the ground-based services required by aircraft owners and operators. The term, FBO, originated back after World War I to describe the first aviation businesses that developed a permanent base of operations to deliver services at airports. That name stuck. Here we open the door of private jets, charters, fractionals, and empty legs. With the help of the Internet bookings, you could easily be taking a little jet rather than drive your car.

Founder Reed Pigman says the pilots are his core customer base;  and, for many years now, these pilots voted Texas Jet to be one of the Top Ten Independent FBO's in the United States. So, out of 5,000 choices, pilots say Reed and his team are among the best. There's more. As a distributor for Phillips 66 Jet Fuel, Reed also takes the lead. Texas Jet has been recognized by Phillips 66 as one of a hand-full of distinguished partners among some 600 distributors. 

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Texas Jet

Reed Pigman, President

200 Texas Way
Fort Worth, TX 76106
8007764547

Visit our web site: http://www.texasjet.com/

Office: 8007764547

Business Classification:
Transportation

Year Founded: 1978

Invest Yourself In Your Community

(Voiceover) Downtown Ft. Worth is buzzing, and with much thanks to the billionaire Bass brothers.

In the '80s, they created the legendary Sundance Square. Existing structures were renovated and new construction was done to bring residents to the core of the city. The family's newest project, the $60 million Bass Hall, is the home of the Ft. Worth Symphony and Opera.

REED: (Voiceover) I was talking to one of their employees one day, who, I guess, was a mentor to me.

And I said, `Bill, this is just wonderful what the Bass family's doing downtown. It's just spectacular. I'm so glad they're doing that.' And then my friend says, `Well, Reed, what are you going to do for the community?' I said, `Hey, Bill, you're crazy. I don't have that kind of money. What are you talking about?'

HATTIE: You don't have millions of dollars.

REED: No. `What are you talking about, Bill?' He said, `Well, if you don't have the money, then donate your time.'

HATTIE: (Voiceover) Just part of Reed's volunteer work involves serving on the Small Business Committee of the Ft. Worth Chamber of Commerce.

Unidentified Man #5: We've sort of got out of that game and...

Unidentified Man #6: I give him grief all the time, but that's because I have so much respect for him and what he truly does in giving back to this community.

...............
HATTIE: (Voiceover) He presided over the annual awards event that recognized the accomplishments of seven small businesses.

REED: Wow, what a great turnout. Thank you so much for coming.

HATTIE: Recently Dun & Bradstreet did some research that was published in Entrepreneur magazine. And they said that Ft. Worth, Texas, is the best city in America for a small business. Now you've been here 20-something years doing business. Why did they come up with that conclusion?

REED: Well, HATTIE, there's probably several reasons. I think that the atmosphere in Ft. Worth is very pro-business. The city supports small businesses, so does--the business assistance center was set up to help people get started in business. The Chamber of Commerce supports small businesses. And, also, I think there's a good--I guess you'd call it a brain pool or a talent pool here.
 

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