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Keira Lennox

Uncategorized

one year later…

07/01/2013
oneyearblog

{photo credit: Black Oak Creative, 2012}

Today marks the one year anniversary of Chad and I moving our flower shop and officially becoming the new owners of the family business. It goes without saying that it flew by. 

Here’s what I’ve learned in our first year as small business owners (although I could’ve used some of these lessons years ago, with or without the entrepreneurship):

1. You’re going to make mistakes — even big ones — and things won’t always turn out exactly the way you planned. That’s okay! I’ve learned the most valuable lessons through my mess-ups.

2. You can fix just about anything by accepting responsibility and offering up a sincere apology. Bonus points if that apology includes a speedy solution.

3. Be open to feedback, new ideas, and even criticism. No matter how much you want to believe the contrary, you don’t know everything.

4. Your employees are your best and most important asset. Take care of them, and they will take care of you.

5. You can’t be all things to all people. Sometimes you have to break up with a client, employee or vendor when you don’t jive. Do it respectfully. Pull the old, “it’s not you, it’s me,” move if you have to.

6. Never, ever burn a bridge. You may need to cross it again someday.

7. Make your business a drama-free zone. Don’t bad-mouth the competition or fan the local gossip fires with your customers or vendors. It breeds negativity within your company and damages your credibility.

8. It’s durn-near impossible to finish everything every day. Triage your to-do list, cut yourself some slack, and go home at a decent hour.

9. There is no end to the city/county/state/federal/insurance/accounting paperwork. Seriously, it’s overwhelming and will drive you to drink.

10. Make time to relax, unplug, and let your hair down. Your business will be so much better for it.

I have a theory that your first year as a business owner is similar to your first year of marriage; it’s exciting and new, but also awkward and challenging — and sometimes maddening! — with a great big dose of personal growth. This is not to say that I think it’s all smooth sailing from here, but I definitely feel better equipped to ride the wave.

Can’t wait to see what unfolds in year two!

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The Comments

  • elkeeb
    07/05/2013

    Thanks for the great advice. I’d like to be a small business owner one day and your story is very inspiring.

    Reply
  • lalarukh1
    07/05/2013

    Congrats! These are great lessons and great people learn through their mistakes…… Loved your blog ! You are beautiful :)
    Check me out at http://foodpeopleloveandstuff.wordpress.com/

    Reply
  • tee2envisage
    07/04/2013

    I’m glad I stumbled on your blog. =) Number #8 is my favorite of the 10 tips and ALL of them are GREAT tips. Congratulations and thanks for sharing.

    Reply
  • alliefarout
    07/03/2013

    congrats on ur business! I wish u many more successful years. :)

    Reply
  • ceislin
    07/02/2013

    Congratulations! So exciting and thanks for sharing the year with all of us!

    http://ceislin.com

    Reply
  • Heidi
    07/02/2013

    Congrats to you both on a tremendous first year! All the BEST to you in the ones to come :)

    Reply
  • Ashley
    07/02/2013

    Congrats! You’ve gotten through the growing pains of that 1st year :)

    Reply
  • All in a Soiree
    07/02/2013

    Congrats on the anniversary and to the new business! Best of luck!

    Reply
  • eleanorjanebirdy
    07/02/2013

    Great tips! I don’t know if you need this one, but my key idea would be ‘look hard, honestly and in detail at the figures instead of making decisions with your heart.’ Also, plan for a best, worst and okay scenerio in terms of your financial planning.

    Reply
    • keiralennox
      eleanorjanebirdy
      07/02/2013

      Excellent point! My husband is really good at this one. He helps me keep my ideas tethered to what’s best for the books and what we can afford.

      Reply
  • theegirlnextstore
    07/02/2013

    Great tips and you know I think they work well for anyone who’s trying something new, be it blogging, a new job or even marriage! Take care xx

    Reply
  • Chiara
    07/02/2013

    COngratulations! You made through the first year, so I hope you’ll have it easier from now on. Love seeing your work, so please keep posting pictures of beautiful flowers arrangements!

    Reply
  • FreeUrCloset
    07/02/2013

    Congrats to both of you. That is quite an accomplishment. Hope you celebrate well and wishing you many happy (and busy) years to come.

    XOXO Nensi

    Reply
  • Jenn
    07/01/2013

    This is such a great list of lessons! I think it’s the kind of thing everyone needs to learn… unfortunately most people take much longer than a year to “get it”. Congrats on your first year!
    Jenn
    With Luck Blog
    Shabby Apple Giveaway

    Reply
  • elizrodrig
    07/01/2013

    Congrats! These are great lessons! I can’t wait till I make a year with my blog I will be soo happy! Congratulations again and good luck!!

    Reply
  • AweMazing Mom
    07/01/2013

    Congratulations! I love #2, 3, 4, 5, 7….Never mind, I love them all! If all businesses would follow these simple rules…

    Thank You for sharing!

    Reply
  • Megan
    07/01/2013

    What a great (and accurate!) list. I’m finding #10 to be especially true — I’m usually more productive when I take breaks from work to get inspired and have fun. Congratulations on the exciting milestone!

    Reply
  • Valerie
    07/01/2013

    Congrats on making it through your first year! Hope you have many successful years to come!

    Reply

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