October 2018 (Vol. 32, No. 10)

Page 58

LP LAUNCH PAD

AS YOU PROBABLY KNOW, MOST EFFORTS TO START A BUSINESS END IN FAILURE. FORTUNATELY, THERE ARE THINGS YOU CAN DO TO GUARD AGAINST WASTING TIME AND MONEY AND IMPROVE YOUR ODDS. By Michele Chiappetta Have you ever considered being your own boss? If so, you’re not alone. The Global Entrepreneurship Monitor estimates around 28 million Americans own their own business. If you’re willing to take the plunge, you can be among the 14 percent of Americans who work for themselves. Tulsa, it turns out, is an amazing place to be if you’re ready to be your own boss — giving us yet another

58 OCTOBER 2018

reason to love the 918. There are approximately 450 new entrepreneurs each month for every 100,000 adults in Oklahoma — which puts our beloved Sooner state second in terms of startup activity among states with smaller populations (only Nevada ranks higher). And just last year, CNBC gave Tulsa the nod as the No. 4 best city to start a business. Pretty cool, especially if you’ve been bitten by the entrepreneurial bug.

TAKING A BOLD BUSINESS STEP

a business easy to embrace.

When you think about how many cities the U.S. contains, Tulsa’s making the top five list for startups is impressive. But when you think about why our fair city is such a great place to launch a startup, it’s not hard to see the reasons. The low cost of living here compared to other cities, and the supportive environment that exists in Green Country for small businesses, makes the bold move of launching

And believe me, it does take boldness. I should know. Just over a year ago, I finally made a leap I’d been contemplating on and off, and talking myself into and out of, since 2010. Yes, I launched my own freelance writing and editing business full-time, after years of doing it as a side gig. Let me tell you, starting a business is a lot like getting married or having children.