Getting Into Business By Jumping In

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GETTING INTO BUSINESS BY JUMPING IN!

 

Emerging entrepreneurs can be a different breed. They are excited about their business ideas and are driven by their passion… but it may also be somewhat blinded by so many options. How do people start a business with their eyes wide open and set themselves up for success right from the start?

 

Passion is essential

First, passion and conviction are essential. You need to know who you are and what you really want to do. Then there is the choice of business complexity model and knowing your product or service inside and out. You want to be ready to eat, drink and breathe business ownership… and wake up and do it again the very next day.

 

Know your market

Even if you have the best business idea and you are confident in your ability to make a product or provide a service and set up a successful business model, the great arbiter of success is the marketplace. Your business concept must also be viable to your target market. How do you know your expectations are not fiction? To get the answer, you must talk to people, survey potential customers, or clients, and test your assumptions.

 

Test your concept

Once you have an idea of the marketplace, you want to test the concept. You can “pop-up” in someone else’s space or test your product at a street fair or makers fair. Your friends could hold events in their living rooms. You can convince a friend with a retail shop to set up a trunk show. You could sell in-line. If all goes well, the any of this will make you feel secure that your idea is a good one and that you want to own and run a business.

Can you now say YES to these 5 key questions?

 

  1. Do I really enjoy being in business?
  2. Can I attract the customer or client who will appreciate my business and will pay for it?
  3. Am I good with customers and can I provide excellent service?
  4. Does my business model make money or will it at least break even “soon”?
  5. Can I envision myself persevering for the next 18 to 24 months to really establish my business?

 

Time for planning

Some degree of prior business planning is essential. To help guide you, you can take a class, read a book, or ask an experienced business owner for support. However you do it, the purpose of a plan is to define your business offerings, specify your market, outline essential management skills needed, and create realistic financial projections with a well-timed series of action steps.

 

Your final plan will be a useful document for potential investors, funders, or business partners. But the primary purpose for writing a plan is for the process itself. It forces you to be objective and critical, identifying weaknesses, challenges and opportunities and setting benchmarks to track progress. Ultimately, it will give you confidence to get into and continue with the business.

 

Take the plunge – jump in

So, you have perhaps made some initial sales for friends and family? You have carved out time on weekends to work on the business. You are still excited about doing it. Actually, it is all you can think about. How do you take the plunge from part-time to all-in?


These are many different ways do it – either as stated or combined:

 

  • Wait until you have raised all the start -up money – through savings, bank loans, or crowd fundraising.
  • Convince your family to lend you money (with no interest) and agree to pay back within three years.
  • Approach your employer and negotiate to work part-time and use that extra day to work on your business.
  • Move from employee to a contractual arrangement - set your own hours and make time for the business
  • Find an active or silent partner to invest in the new business and cover expenses for the first year.
  • Marry well and/or use your future inheritance to support your entrepreneurship habit!
  • Quit your job, go all in, and use credit cards to get you through the cash flow negative start-up period.

 

The path to small business ownership is unique

It depends on your tolerance for risk, your access to capital and cash flow, your skills and experience running or managing a similar enterprise, and your support systems. Time, money, and the prospect of failure are common hurdles for almost every small business owner starting out:

  • How do I find enough time to devote to my business?
  • Do I have enough funds to support myself while the business develops over the first 12-24 months?
  • Can I respond well to short-term failures as I navigate my way to long-term success?

 

You may struggle to find the right strategy to launch your business but if you have the passion, some success from testing, solid financial projections, and a strong support network… YOU CAN DO THIS!

 

Are entrepreneurs crazy?

Sometimes yes.

 

But that’s just what may be needed  - to jump in and swim! Some start in the shallow end of the pool and tip-toe down the stairs. Others lower themselves down the ladder until they are fully immersed but continue to hold onto the edge. And then there are the ones who leap off the diving board straight into the deep end.

 

No matter what your approach, just make sure you can see the edge so you can make your way back to solid ground as needed. But if you really want to swim in the world of small business ownership, you first just have to get into the water, get wet and learn to swim well.

By Paul Terry July 17, 2026
My Friend and Mentor
Two people in rain gear standing beside an old tractor in a misty field
By Paul Terry July 8, 2026
Kibo Farm’s Vince and Jenny Trotter. Here is the background of business experience, philosophy, and passion that Jenny and her husband Vince have used to start and develop a successful small business. (This interview written in part by Lauren Papalia a Sonoma County writer and part-time farmer and edited in length with some added details by Paul Terry) LP (Lauren Papalia) : Kibo Farm’s crops are nestled in a bowl, surrounded on three sides by Belden Barns grapevines. What are the nuances of your topography and the challenges and advantages that come with it? KF (Kibo Farm) : The property itself sits nearly 1,000 feet up the Northwestern flank of Sonoma Mountain, looking out over Rohnert Park and Bennett Valley. The beauty of this spot is that we rarely, if ever, get frost because cold air slides down the mountain, settling in the lower elevations. Our lemon, mandarin, lime, and yuzu trees love it! With that topographical feature working in our favor, we’ve got more citrus trees planned, which will help with wintertime cashflow. LP: Kibo Farm was an inaugural cohort of co-op members at FEED. Jenny, you were formerly the Board's president. Philosophically speaking, what are some of the challenges and benefits of structuring an organization in this way? KF: There are many benefits to the co-op model for the key stakeholders – in our case, the farms and FEED employees – are able to have a voice in how the business operates. The work that FEED does – marketing, selling, and moving local products from farms to customers – is such an essential part of the food chain. We can grow delicious produce, but we need to get it to eaters. With a cooperative structure, we are creating a robust, collaborative, and sustainable organization that we know we can count on. Additionally, we can reach buyers of scale that we might not have been able to serve well individually. LP: What do you find most rewarding about farming? KF: Hands down – the pleasure of feeding people. That may sound corny, but we get such a high watching friends or family enjoy a delicious meal that you prepared, multiply that by 10 and you will understand. We may not be in the restaurants and homes where our produce is served, but we know many of the chefs who buy from us, and our neighbors and friends. This is proof that our labors nourish and even delight our community. That brings us deep satisfaction. LP: You told us that “farming is the life to which you’ve been called, and if one word captures the feeling of that calling, it’s stewardship.” What does "stewardship" means to you? KF: Stewardship for us is bringing our whole selves to farming and making choices that result in long-term benefits to the land and to the living beings reliant on that land. It is about caring for this place for the time we are here and for the benefit of future generations. We don’t own this land but feel so grateful to be able to farm it and for the relationship we have with the landowners. Nate and Lauren Belden, who own the property recognize that, in this region, there is an imbalance by which land usage for wine grapes often outcompetes other forms of agriculture. They felt that sharing land can actually create some interesting opportunities that benefit the different crops as well as the people who farm them. The Beldens are conscious of the constraints placed on producers like us and work hard to make sure that our relationship works for everyone involved. LP: What’s something you wish more people knew about farming? KF: Over the last 20 years, farming has been glamorized where some farmers enjoy a near-celebrity status. This elevated profile of agriculture has helped all of us to find new markets and new customers. But farming sometimes gets labeled a "lifestyle" rather than a "living". Every farm is a small business struggling to stay alive. If many of us work second jobs that doesn't diminish the farm as an important enterprise, it simply underscores the difficult economics of producing food in this day and age. Across the US, the average farm makes less than 25% of the income they need to support their families from revenue generated on the farm. The bulk of what they need comes from other jobs. At Kibo Farm, land and housing is subsidized, but we still rely on off-farm work to cover over full cost of healthcare, childcare, etc., and so do our employees. LP. The USDA cites small holdings like Kibo account for over 90% of all US farms but only 15% of overall market value of agricultural production. How do we make this better? Do co-ops help ameliorate some of these issues? KF: We have to work together to solve problems like the high cost of land and disparate degrees of access. We have to raise the expectations for how much food should (because it actually *does*) cost. With time, we need to find ways to compensate farmers and ranchers not just for their products but also for the ecosystem services they provide to the community as a whole: sequestering carbon in the ground, converting food waste into soil-enriching compost, maintaining open landscapes, reducing wildfire fuels, and staving off invasive plants and insects. In terms of solutions, cooperative ownership models certainly play a significant part. By coming together with other farms who are technically our competitors, we can work together to supply food to communities on a much larger scale, creating economic security for the farms and a more stable supply chain for the communities. Cooperative ownership of land where farms pool capital and spread the risk of expensive acreage could be an interesting solution in competitive regions like ours. LP: What is your vision for the farm's future? What are you most excited or hopeful about? KF: One unique aspect of our farm business is the interdependent relationships we’ve built with certain chefs in the Bay Area. For several restaurants, we sit down each winter, pour over seed catalogs, talk about what we’re dreaming of and all the new things we’d like to try. From those conversations spring crop plans and lay out lists of different produce along with quantity and frequency of delivery. This kind of close-knit relationship brings security, because 70% of what we grow is virtually pre-sold. This allows us to take risks and deliver items to these chefs that they might not find anywhere else. Having partners who value what we do and entrust us with something so core to their own business inspires us deeply and injects every Spring with a spirit of excitement and even mystery that keeps us going.
Picture of woman
By Paul Terry June 13, 2026
As the coordinator of Renaissance Entrepreneurship Center‘s Business Planning Class, I helped small business entrepreneurs prepare for their emerging small businesses. Melissa was a very active student and role model for others – both with her classmates and her referrals to others to become future business owner. Melissa is an amazing jewelry designer and very smart and generous businesswomen. Melissa Joy Manning has created a socially responsible fine jewelry brand featuring unique, modern designs influenced by her passion for travel, art, and culture. The line encompasses multiple collections including one-of-a-kind pieces, signature designs, and custom, non-traditional wedding jewelry. Here are some thoughts that Melissa shared on goals, planning and having a vision. Melissa suggests that it was with our combined help (and from mother at Renaissance) that she learned about the importance of setting well-defined goals: “I was lucky enough to have had an amazing teacher, Paul Terry, at the Renaissance Center in San Francisco, who taught me the importance of vision. He taught me to envision my success and what it would encompass. I used these goals as benchmarks when building my brand. Every time I reached one, I would sit down and create another. As the ‘visions’ kept coming true, they emboldened me to think bigger and more creatively each time.” Here is some of Melissa’s great advice for others considering or running a small business of their own: Make sure it’s what you want to do. If you really love doing something consider how it will change when it becomes a business. I meet a lot of people who loved a hobby but when they had to economize it on a daily basis, found that they lost all joy in it. This must be something that you really want to do and will commit to do it for the longer term. Know that your life will change Your friendships, relationships, how you view the world…everything will change.. When you take charge of your life by forging your own path, a lot of lessons will come forward that you didn’t consider. In some ways, it’s like a veil lifts in how you see the world. Remaining true to yourself and your passion will carry you through any unexpected reaction or loss that success may bring to you. Always, always, always listen to your heart. If you are true to yourself you will always succeed.