New Castle News

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January 6, 2014

Mitch Olszak: More than good intentions needed to start a business



In short, simply having a hopeful outlook isn’t enough. You can build it, and they still won’t come.

I don’t say this to discourage anyone from starting a business. But I happen to think it’s better to deal with a challenge with your eyes wide open, instead of being blinded by unrealistic optimism.

I also say it in the hopes that government officials, who are sometimes called upon to provide funding or other support to prospective new businesses, develop a fuller appreciation for the process.

Unfortunately, I sometimes get the sense that government funds are seen as play money. If they aid a business that goes under, at least the effort was made.

It shouldn’t be that way. Businesses looking for a handout from government ought to be willing to provide a solid plan and demonstrate a commitment to deal with the inevitable adversity of a startup. Government should look at these requests with a measure of skepticism, and not turn to Kevin Costner for fiscal guidance.

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