In Metro-Detroit what was odd to most, has always been familiar to me. Small business is in my blood and a part of my family heritage.
Growing up I witnessed the success, challenges, growth, and budgeting of entrepreneurial capital (time, money, network, and differentiation).
My father has run Greg Frazier CPA/PC, a firm specializing in specific computer-developed solutions for clients for over 20 years.
My grandparents Don and Vel Scott ran Vel’s on the Circle nightclub for over 25 years in what now has become the medical district of Cleveland OH.
They worked hard for themselves and raised up a generation of entrepreneurs behind them, like me.
My commitment to business runs deep. The same sense of importance and responsibilities of entrepreneurship that they instilled in me as a child, stay with me even today.
Happily, there are now many new opportunities for others to join the “entrepreneurial class.”
As America transitions from the Industrial age into the Information age the reliance upon employees has lessened and is creating even more entrepreneurial opportunities than ever before.
Staffing agencies today facilitate the hiring process of millions of Americans who essentially serve roles as independent contractors.
Since the turn of the century 1099 employment has been one of the most prevalent trends of American business. Fundamentally many people who consider themselves employed are entrepreneurs. The American Dream of completing school and working for a company till retirement has shifted.
Tools like Quickbooks, Invoicetogo, and Paypal along with an array of others, help even the smallest business owners work more efficiently and compete within a global marketplace.
If you are interested in opening a small business, there are other resources available to you.
Motor City Match is a program supported by Detroit Mayor Mike Duggan and run by the Detroit Economic Growth Corporation. In 2015 the program launched to provide Detroit entrepreneurs access to facilities and cash to spark their businesses.
My company, Detroit is Different, profiles these entrepreneurs who have started businesses ranging from childcare to restaurants.
The Motor City Match program has business development tracks for business planning education to know how much, what type of, and when funds are needed for development.
The most important component of Motor City Match is the relationship between entrepreneurs seeking space/s to conduct business and commercial property owners seeking businesses to lease/ rent/ or purchase their space.
Lots of help is available to get your business started. A good place to start is Motor City Match.
Editor’s Note: This piece written by Detroit is Different Founder Khary Frazier was originally published on Detroit is Different and is reprinted with permission.