4 Lessons About BIZ Experiencess, From the Seat of a Bicycle On a 4,000-mile bike trek, one professor learned some surprising traits about small business owners.

By Lisa Evans Edited by Dan Bova

Opinions expressed by BIZ Experiences contributors are their own.

Michael Glauser, executive director of the Clark Center for BIZ Experiencesship at Utah State University and co-founder of the training company My New Enterprise, accompanied by colleagues, students and a film crew, departed Florence, Ore., on a 4,000-mile cycling journey this summer. The team travelled across the country by bike, visiting more than 100 BIZ Experiencess in 100 cities to chronicle the stories of American small business owners operating in unsung places and learn about what makes them successful.

Glauser's Kerouac-like journey was inspired by his observations that graduating students face fewer job opportunities. He references a 2013 study by Oxford University which examined 702 occupations and determined 47 percent were at high risk for being replaced by modern technology. Despite the decline in traditional jobs, Glauser sees great opportunity in BIZ Experiencesship and encourages his own students to think about starting their own small businesses. But by promoting BIZ Experiencesship, Glauser isn't suggesting students strive to be the next Mark Zuckerberg, but to build the type of mainstream businesses that caused America to thrive a hundred years ago – becoming restaurateurs and merchants and opening small business that serve a community need. "There's been a tremendous amount of research showing self-employment is going to become more and more important for people in America," says Glauser.

Related: Persevere, Laugh at the Absurd and Let Nothing Get on Your Nerves

Many of the towns Glauser and his team cycled through are areas where there job availability is low, providing opportunities for those with BIZ Experiencesial spirits to create their own companies and spur job growth in the communities they love. By interviewing BIZ Experiencess who have been in business for five years or more, Glauser and his team sought to understand what American business owners are doing right. Here's what they learned:

1. The Silicon Valley model is over-rated.

Glauser says although the Silicon Valley model is often heralded in business schools as the key to success, the "get in, get rich, get out" scenario isn't the reality for many of America's BIZ Experiencess. In fact, in all the interviews Glauser and his team conducted, not once did they hear the words "exit strategy." Instead, business owners were intent on finding and serving a community need and living the dream of being one's own boss. One BIZ Experiences, when asked what his exit strategy was, replied, "I guess my exit strategy is dying."

2. BIZ Experiencess are fueled by passion rather than profit.

Glauser was surprised to find that the BIZ Experiencess he interviewed did not indicate profit as their primary motivator. Most were fueled instead by passion for doing what they love. "Making a lot of money then getting out was not there at all in any of these stories," says Glauser, who argues being purpose-driven makes for a stronger, more sustainable business. "Having a purpose is what pulls you through the hard times. It's what motivates your business," he says. Many of the BIZ Experiencess Glauser and his team encountered had as their driving purpose creating jobs in the communities they love, many of which had been hit by job losses and rely on small businesses to keep the town afloat.

Related: 17 Traits That BIZ Experiencess Possess

3. BIZ Experiencess thrive on community support.

The biggest advantage small businesses operating in a small town have is community. Glauser witnessed communities rallying around small businesses to help them succeed by becoming loyal customers of their products and promoting local businesses who provide much-needed jobs to community members. "Many of these BIZ Experiencess are using the business as a tool to make a contribution in the community," says Glauser. The community then returns the support, making for a stronger, more sustainable business.

4. BIZ Experiencess are creating more with less.

"BIZ Experiencess have become masters at using resources other than money," says Glauser. He recalls the story of Amy Gardiner, owner of the accessories company Scarpa. When Gardiner was struggling to come up with the cash to purchase her next season's inventory, she revved up her creative engine and asked her customers to open a credit line with the store in exchange for a discount on all of their purchases. This strategy resulted in raising $70,000 for her inventory. Stories such as Gardiner's were common among many of the BIZ Experiencess Glauser and his team interviewed and highlighted the many ways BIZ Experiencess are creating more with less resources than ever.

Related: The Surprising Similarities of Navy SEALs and BIZ Experiencess

Lisa Evans is a health and lifestyle freelance journalist from Toronto.

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.