Interviewed by NxBizSuccess.com - Worry About the Right Things
Here’s what small business owners want to know and want to be told. You have to
worry about the right things. That’s the key point I have learned today and as we
speak with Jim Hoing today right here on NxBixSuccess. My name is Lynn Hinderaker.
Jim Hoing is with WhettStone Business Solutions in Omaha Ne. He is a genuine entrepreneur
and has been around 3 or 4 years with his own business and his partner and has a
lot of great concrete tips and subjective ideas that every one of us can benefit
from.
Thanks for being on NxBixSuccess, Jim Hoing.
Glad to be here Lynn
Good to see you here. Hey, you know you started in a home office and evolved into
another home office. Now you’re into a commercial office environment. Tell me, how
has it been? What’s been the progress as your technology firm evolves? What’s been
the thing that has been driving step by step your growth?
Well, we started as a small home based business. We are very frugal with our finances
and we were careful to not dive into something we could not afford. As our client
basis grew we let our vision grow a little more and at the right time we moved into
this facility. It’s acceptable for us. We believe in only growing into something
we can afford. As we continue to evolve we will grow into bigger and bigger facility
s but this meets our needs for now.
Good! Now you have a partner and some software developers, some programmers and
so on as part of your operation, probably very typical for a small, young technology
firm. What do you think is outstanding or unique about your operation? What have
you done along the way that you think is really going to define how your company,
WhettStone, is different and is going to continue to be different and unique out
there?
Well, as far as differentiating ourselves from others, we are a technology company
that offers custom software solutions, custom websites, databases, desktop applications.
We have a team of professionals that I would say is second to none. We worked together
for years and years for another company. When that company was sold we saw an opportunity
to bring that team together under a new umbrella.
I want to get interject and ask you, is this one of the key factors to success for
your organization so far is that you have pulled people when you were ready to grow?
You’ve pulled people from your past, familiar people. You didn’t go out looking
for new bodies.
Right! It is a key, familiar people allow a small entrepreneur, a small business
to grow with familiarity. We knew each other’s strengths and weaknesses. We were
able to take advantage of those strengths and weaknesses and not waste time testing
and fumbling around and training.
That is so important. As all small businesses do, they think about their culture
and their processes and how “we do things around here.” It’s always an evolving
story but how has your culture evolved and what have your struggled with, if anything,
in terms of defining what is our culture? What do we do? What do we believe in?
What don’t we do based on the people that we have around here?
Well, our culture has evolved through the necessity to grow the business and by
that I mean we focus on the positives and we try not to alienate anybody, keep away
from the de-motivators. Our culture has continued to evolve but we had a culture
in place before we stared this company because we all knew each other and we all
came from a similar background, another technology company. It was a tested environment
and so we brought this team together and said, “Let’s do it for ourselves.” That
way the culture was actually more energized because you are doing it for yourself.
OK, that makes great sense. Now, I started out our video podcast training thing
here today with a phrase “Worry about the right things”. Give me an example of things
you shouldn’t be worrying about versus things, you think, you should be worrying
about as you go this first 3-4 years of your business.
Well, you should be worried about finances and keeping out of debt. You shouldn’t
be worried about whether or not you have the right drapes. You shouldn’t be worried
about whether or not you’re going to make a mistake because you are going to make
mistakes. If you don’t, then you’re pretty special. We make a mistake but we are
covered from those mistakes as critical and we do.
Ok, now do you think people are wondering if you are a small company one mistake
can be enough to put the company under. So there is a tendency to be a perfectionist
because it is almost out of fear because you feel vulnerable when you’re young and
new. How do you personally deal with that? Do you just shake it off?
It’s funny that you should mention that because everybody makes mistakes and in
trying your best you’re still going to make a mistake. But recovering from that
mistake and addressing it in a timely fashion and focusing on customer service is
critical. Everybody makes mistakes but recovering from those mistakes quickly is
important but you can do that if you address them in an honest way.
You mentioned earlier about your vision, how you started out in your home and evolved,
what you were thinking you were going to become. Has that changed over time and
if so why? Has there always been 1 consistent vision or are you literally thinking
everyday as you get new clients, new capabilities, and maybe new people with capabilities,
“No, this is really what we wanted now we should become something different?”
Well, we are continuing to evolve and that vision we started out with has changed.
We are still in technology but I think you adapt and evolve through the client needs.
A key area that I think would be interesting here is, I just got a guy to volunteer
a couple hours a morning to come in and help me work on going after government contracts.
Well, I think that’s pretty good because if we lock one down he’s got a full time
job. That’s exciting and there are some big opportunities for technology out there.
You just shared something. Effective entrepreneur is good at persuading people to
put some skin in the game and to invest in something on a speculative basis where
it may not work out. It seems to me good entrepreneurs are able to pull people in
with their energy without putting cash out.
It’s funny that you should focus about that because earlier you talked about their
culture. Somebody will put skin in their game when they see a culture they want
to be part of.
That’s a great point. Your vision and your procedures and your people are evolving,
they are dynamic they are changing it’s not static. It reminds me of the technology
and the website you guys work as well. Give us a few pointers, what are we thinking
about when we talk about website dynamic, organic, evolving. What’s the philosophy
we should have as small modest business people?
Too often I see companies that build websites for themselves. They say, “Well, we
want a website that looks and does this,” because they think it’s cool. They are
not likely to take the time to ask their customers, their vendors, their employees
what they think should be on the website because a website should be a tool. A tool
that helps you make or save money because if not, it’s costing you money. There
are ways to use technology to become more efficient and a website can easily be
a tool to gather information, to geminate information, put information behind a
password protected area, allow people to see information together and use it as
a portal. Today your website is the front door of your company. People are going
to knock on that door first. If you build something and put it out there and you
don’t touch it again for a year, two years, three years that’s not going to do you
very good. We call it proof of life. Your website should be evolving and changing
continuously. You can’t afford to do it all at once and that’s ok, so do it in chunks.
But dedicate time and energy in doing it and talking to those other people using
your website.
Well, Jim Hoing of WhettStone Business Solutions. I appreciate your insight. This
last physophocial thing about how the web evolves. It’s so great as we go into this
web 2.0 thing people don’t understand in general where they should be going with
their sites and this is so helpful. I find it so interesting that the website kind
of mirrors the evolution, the dynamic evolution of the growing internal culture
here in your office. Thanks so much for chatting with me. Jim with WhettStone Solutions.
This is NxBixSuccess. Make sure you are worrying about the right things. Worry about
your website, pay attention to the people the purpose the principals and the process
around which your organization evolves. Get out of your home office and into the
right commercial environment. My name is Lynn Hinderaker. Keep going and keep growing.