Brick And Mortar Business

Brick and mortar business the American dream or is it? If you an entrepreneur and you know if you are, you make up a very small segment of the population. You have a gift that can’t be explained. You were put on this earth to do great things and to create opportunity not only for yourself but for many people either directly or indirectly.

No matter how much times have changed since the end of the industrial age which was during the 1960’s society as a whole has done little to tap into the information age. We are all taught to compete in the marketplace and to have a great livelihood, go to school get an education and then find a great company to work for. Even today I have taught both of my daughter’s who are in college the same industrial age principles.

Now I’m not against education, I myself am a career student. A solid education provides a very solid foundation and it does prepare you for both the business world or the path of self-employment. The advances in technology, computers, the internet and information on any subject is literally at your fingertips.

After serving my country for well over a decade, I stepped out into the world for the first time in 12 years and had to provide for myself and family. I started a vending company two years previous to my end of active service and that business replaced my military income. Next I started a commercial cleaning company and built that small business up by adding more accounts and eventually sold those contracts to a local competitor.

I purchase my brick and mortar business in July of 1999 and that commercial building was already a location for my vending company. The idea of having a store front was very appealing to me. I was running my other interests out of my home and now I had a company with a physical address. This was industrial age thinking on my part and now I had a real brick and mortar store of my own.

I rolled up my sleeves and put in long hours. I paid my overhead and had no clue who I really worked for until a decade had past. A brick and mortar business is what many entrepreneurs strive for. A place to call their own and a chance to provide for themselves and their family. I once heard someone say that people don’t plan to fail, they fail to plan.

Statistically speaking a brick and mortar business weather service, retail, manufacturing or other wise has about a 75% failure rate the first year.

Of those that do make it only half of them will be operating on their fifth anniversary. It is then estimated that only about 9 at best of these companies will reach the decade mark.

Enough of the gloom and doom of the brick and mortar business model. If you an entrepreneur the fear of failure will not stop you. There are countless millionaires and billionaires who have failed repeatedly and having a failed traditional business only added to their burning desire to persevere.

If you are considering a brick and mortar business may I suggest that you do your research and due diligence.

I also recommend looking at starting a company online which is far less risky and then weigh the results. Solid information will help you look at the pro’s and con’s of the brick and mortar versus the online business model. Once you get the answers your looking for the most important step is to take action! Massive action and a excellent business model be it either bricks or clicks it still a better deal than going to a job that you dislike.

Life is short so remember to live well and Finish Strong!

Frank E. Calabro Jr

(252) 503-2092 cell