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S18: E11: What I've Learned from Running a Business in a Town of 175

Season 18 Episode 11 Published 2 months ago
Description

After reviving the oldest operating soda fountain in the state of Wyoming, I can tell you firsthand that there is something deeply meaningful about bringing an old place back to life. Yet, like most things we romanticize from a distance, it’s usually a whole lot less romantic up close.

Since buying the soda fountain five years ago, I’ve had a lot of people ask about following in my footsteps. So in this podcast episode, I pulled together a few of the lessons that I feel are the most important when it comes to running a small-town business. Here we go.

Podcast Episode Highlights:

  • The element of risk in running a small town business
  • Lesson #1: Solve a problem
  • Lesson #2: Respect the history—but also listen to your gut
  • Lesson #3: Diversify. Or else.
  • Lesson #4: Don't forget to market to out-of-towners
  • Lesson #5: Create an experience
  • Lesson #6: Lean into your liabilities
  • Lesson #7: Don’t listen to your customers too much
  • Final thoughts

Resources Mentioned in This Podcast Episode:

Find my Old-Fashioned on Purpose planner here: https://www.prairieplanner.com/

Learn more about Chugwater Soda Fountain events here: https://www.chugwatersodafountain.com/

OTHER HELPFUL RESOURCES FOR YOUR HOMESTEAD:


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