Attracting Small Businesses to YOUR Community

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Attracting Small Businesses to Your Community

KORY ANDERSON

What does an entrepreneuer guy know about attracting businesses to communities?

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Challenge of community development

We tend to look only inside our community

Step #1: Understand the other perspective

Seek first to Understand, then to be Understood

STEPHEN COVEY

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Misconception about Entrepreneurs

We really know what we want to be when we grow up

My Mission

Provide Solutions that make an Impact

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My Life Journey as an Entrepreneur Doer ? working with my hands

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Manager ? managing with my mind

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Leader ? leading from the heart

Fargo, ND

Mapleton, ND

Webster, SD

Webster, SD

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Business in larger city

Advantages

Availability of Professional and Technical positions

Larger pool of people to choose from

Intern opportunity with Universities

Dis-advantages

More competitive environment for employees

Less loyalty in production workers

More difficult to attract and retain workers

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Business in smaller community

Advantages

Easier to attract and retain workers

Very loyal workforce Family environment

Dis-advantages

Less available workforce Can be more difficult to re-

locate people to Less available professional

and technical workers

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Step #2: Identify WHAT makes a community attractive

5 Requirements of an attractive community 8

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