(This article was originally published in Knox.Biz Journal on July 21st, 2022)
We’ve all heard the proverb “It takes a village to raise a child” and other iterations of the phrase. But have you ever heard the phrase “It takes a village to build a business”?
Within the business world you often hear terms like network, mentors, and advisors — but in all the years I’ve spent surrounding myself with entrepreneurs, studying entrepreneurship, and working across a spectrum of businesses, I never really heard the term “village” used. That is, not until recently.
I teach the CO.STARTERS program at the Knoxville Entrepreneur Center to help new businesses get off the ground. One of the first modules we cover is about understanding your strengths as a business owner and identifying who you need on your team. But having the right team in place means much more than the people you hire or a business partner. It includes everyone you surround yourself with to help you along the rollercoaster journey that is entrepreneurship.