Start with an idea that solves a problem or fills a need right here in Columbia or mid-Missouri. Write down your plan — who you want to serve, what you’ll offer, and how you’ll make money. Then take practical steps:

• Register your business name through the Missouri Secretary of State.

• Get a business license from the City of Columbia if you’ll operate locally.

• Open a separate bank account for business expenses.

• Connect with REDI (Regional Economic Development Inc.) or the Missouri Women’s Business Center — both offer free coaching and workshops for first-time entrepreneurs.

Begin with people you already know and spread the word through local Facebook groups, community events, and word of mouth. Ask for feedback and reviews to help your business grow. Start small and keep learning. Columbia offers great free support through REDI, Job Point, and the James and Annelle Whitt Entrepreneurial Development Foundation SEED Grant Program — you don’t have to do it alone.

Many local entrepreneurs start with personal savings, a side job, or small grants. Look into:

• Whitt Foundation SEED Grants for startup costs

• REDI’s microloan programs

• Small Business Development Center (SBDC) at Mizzou for guidance on funding and financial planning

Keep your costs low early on — work from home, buy used equipment, and focus on what brings in income. Set aside a small emergency fund and track every expense to stay grounded financially. Things like insurance, permits, marketing, or taxes can surprise new owners. Budget a small cushion — around 10–15% — for these unplanned costs.

Many small businesses take 1–3 years to see steady profit. Most wish they’d spent more on marketing and relationships and less on fancy websites or extra inventory. Setbacks are part of the process — learn from them, adjust your plan, and stay connected to mentors or peers who encourage you to keep going. It usually takes longer to build income than you expect — and that’s okay. Don’t try to do everything alone; use Columbia’s network of business support and resources.

The most important lesson most share is resilience — learning to adapt, keep relationships strong, and stay focused on serving customers. Many say that the toughest seasons — slow months, funding gaps, or failed ideas — are what taught them how to build smarter, stronger businesses. Every challenge becomes part of the story that fuels your next success.