One of the objections we face when we are out and about chatting to small business owners is their fear of:
- Sharing ideas with other businesses
- Sharing too much about their business plans with other business owners
- Believing that other business owners are all potentially competitors
What this means is that these business owners are closing themselves off to significant opportunities to make money and save money.
Yes, save money.
Engaging in business-to-business collaboration is a creative way to solve problems. It also allows you to grow your business with far less resources.
Meet Richard.
Richard has a café and pub on a busy, popular strip of restaurants in Singapore. In the early days of his business, he struggled to fill his restaurant, find reliable staff and break even. He was working 80 hours a week and was exhausted.
As he got more experienced in running his business and had some more breathing space, he noticed two problems:
