It takes a village to build a business | Catherine Porth – Knoxville News Sentinel

by | Jul 21, 2022 | Business

We’ve all heard the proverb “It takes a village to raise a child” and other iterations of the phrase. But have you ever heard the phrase “It takes a village to build a business”?Within the business world you often hear terms like network, mentors, and advisors — but in all the years I’ve spent surrounding myself with entrepreneurs, studying entrepreneurship, and working across a spectrum of businesses, I never really heard the term “village” used. That is, not until recently. I teach the CO.STARTERS program at the Knoxville Entrepreneur Center to help new businesses get off the ground. One of the first modules we cover is about understanding your strengths as a business owner and identifying who you need on your team. But having the right team in place means much more than the people you hire or a business partner. It includes everyone you surround yourself with to help you along the rollercoaster journey that is entrepreneurship.I’ve compiled a list of the top six people every entrepreneur needs in what I call their “Business Village.” Some of these people you may not speak with every day, but they’re important to know and keep on hand in case something goes sideways. Others are foundational support with whom you’ll likely keep in contact frequently.So let’s take a look at who these people are:Someone Who Makes Legal Less ScaryI get it, talking to a lawyer can seem daunting and expensive when you’re starting out. But it’s absolutely worth the investment to have someone who understands the legal …

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