A true entrepreneur has the ability to see opportunities when others see problems. For Liz Blondie, she noticed that her friends throughout Detroit were traveling as far as thirty miles away to take their dogs to daycare. Liz did not currently own a dog, and had no idea what it took to run a daycare. As a true entrepreneur, she began researching dogs and dog daycares throughout the region. She paid the largest dog daycare in Ontario, CA a consulting fee to show her the business.
K-9 to 5 has become a daycare, grooming shop, boarding house and Dog Park. Liz started marketing her company 6 months before she opened the doors. She made sure her business plan was complete and she thoroughly researched her industry. “I don’t think you can ever know too much about your industry,” Liz made sure she made that clear.
She has also sponsored two events in Detroit: In Detroit, and Future Leads, which she used as a way to get her name out there while helping the city. She believed that networking is a major part of any successful business. Liz helped to start Open City, which is a networking group for young entrepreneurs.
I was motivated by Liz, because of her passion and determination. She realized that she made some mistakes along the way and is still figuring things out as she goes, but her business is successful and growing. She estimates that from her grooming along she will bring in $250,000 in revenue this year.
Although success isn’t easy to come by for startup businesses, there is a formula that is present in all of the successful businesses. If you follow these formulas I believe that your chance of success will quadruple.
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