New Castle News

All About You ...

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.

Text Only | Photo Reprints
All About You ...
House Ads

Malaysia Airlines Flight 17 fell from the sky in Donetsk, Ukraine, on Thursday, killing all 298 people aboard. Many are speculating that Russian rebels (supported by Vladimir Putin) are responsible for downing the aircraft. What do you think?

Yes. All evidence points that way.
No. Everyone is so quick to point fingers, but there's not enough evidence to support claims of Russian guilt.
I'm not sure. I'll just wait until the investigation is over to make up my mind.
What is up with these Malaysian Airlines planes? I know one airline I won't be flying any time soon...
     View Results