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  • Writer's pictureCherie Larson

Larson SMB Consulting PLLC’s Fifth Anniversary: What We’ve Learned Over the Years

Larson SMB Consulting PLLC is celebrating its fifth anniversary! As we look back on these past five years, we’ve learned a lot about our clients, businesses, and people.

Here are just a few things we’ve learned:

  • Entrepreneurs have a great heart for helping each other and their communities – even when it costs them something.

  • Working with clients who want your help is the only way to enjoy your work.

  • Clients who want your help but aren’t willing to pay what you’re worth are better off with someone else.

  • Entrepreneurs are risk-takers…but they are not fearless.

  • Keeping up with your financial records AND actively looking at them is important – no matter what business you’re in.

  • Figuring out exactly what your business needs to do and what clients it needs to work with takes time…and those needs may change over time.

  • Just because someone wants you to do work for them doesn’t mean you should. Straying from what you’ve determined you should do can cause headaches and even financial loss.

  • Our clients have amazing stories and tremendous potential. We love being a part of their success.

  • Processes and procedures become even more important the larger your firm gets.

  • People are what matter. Whether they’re your clients, employees, vendors, or other professionals, they are the key to your success, and the way you treat them makes a difference to your business and to your life.

  • Owning your own business gives you flexibility, but you are never truly “off work.”

  • Planning for the unknown is hard. Failing to plan is even harder.

  • Saving for the future is important. Whether it’s the unknown curveballs or growth, having a cash cushion can make a lot of things possible that otherwise wouldn’t be.

  • Taxes are inevitable and can take a huge bite out of any gains. Careful planning is essential.

  • Collaboration with other like-minded professionals gives the client a smoother experience and a better outcome.

  • It’s important to have a strong network of people in different businesses and areas of knowledge. Having these connections can both steer you away from trouble and help if you get into trouble. They can also be a resource for your clients, which improves the client experience.

  • We all make mistakes, and we all wonder sometimes if we should be doing what we do. Then, that special client comes along who we’ve been able to make a difference for – in spite of our failings - and it all becomes worth it.

To all of our clients, both past and present, thank you for your trust, support, friendship, and referrals. We wouldn't be where we are today without you! Here’s to another five years!


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