With the start of 2018, we entered our 10th year of operations at Pierce Events. It’s a bit hard to believe it’s been that long, but I spent 15 years doing events for others before we launched and that seems like a lifetime ago.
Instead of recapping the journey, I thought I’d write this post to those of you who have in the back of your mind the idea of maybe starting your own business.
First know it’s terrifying. You will spend countless unpaid hours working your tail off. You will face uncertainty that never goes away. 20 percent of new businesses don’t make it a year. Half only make it five years. Only one third will be around 10 years.
You will meet great people who will encourage you and you will meet some awful people who want to see you fail. Everyone has advice, many will treat you unfairly, and you will discover who you really are, not who your boss wants you to be.
Economic factors won’t make or break you if you learn how to adjust to them. If you don’t, they will destroy you. Listen to everything and everyone and only believe about 10 percent of it.
The people who are against you will be your biggest motivators. If someone gets under your skin, understand that is fuel to prove them wrong. If someone can crush your spirit with words, you have no chance of making it.
It’s not a path for everyone. If you can’t deal with sales, customer service, marketing, management, accounting, and development as all part of your daily job, it’s not for you. If you want a 9-5 paycheck every 2 weeks, this is not for you.
Honestly for years I was too sacred to do this. It was too much of a risk. Everyday is a risk, but it has allowed me to go places, do things and meet wonderful people around the world.
We owe our success to thousands of people. From everyone who trusted us enough to hire us to plan important events to the people who attend those events. We are forever grateful to our clients and partners.
Deciding to set off on your own takes soul-searching, planning, research and I suggest a lot of prayer. Failure is a great teacher and honesty is highly valued these days.
Whatever role you played in our success, even if it’s just reading this blog, thank you for 10 years of wonderful events.