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Kevin Peil, Tri-City Brewing: Wisdom is Embracing the Unknown in Business

October 2, 2024

Starting a business is an adventure filled with unknowns. Kevin Peil, the Founder and President of Tri-City Brewing in Bay City, shares a crucial piece of wisdom for budding entrepreneurs: “You don’t know what you don’t know.” The journey of entrepreneurship is complex, encompassing diverse aspects such as marketing and HR. Therefore, recognizing that one cannot master every facet alone is key.

Building a Team of Experts

Peil advises building a robust team of experienced individuals. The collective wisdom of a team can fill knowledge gaps and propel a business forward. Additionally, networking with established businesses provides invaluable insights into their beginnings and lessons learned along the way. By learning from those who have already navigated the challenges of starting and growing a business, new entrepreneurs can avoid common pitfalls and make more informed decisions.

Learning from the Best

“You never want to be the smartest person in the room,” says Peil. Surrounding oneself with professionals who are experts in their fields not only enhances a team’s capabilities but also offers continuous learning opportunities. Furthermore, assembling a team that can educate and challenge you is essential for growth and success in the business world. This approach fosters an environment of collaboration and innovation, where each team member brings unique skills and perspectives to the table.

The Importance of Humility and Continuous Learning

Peil’s advice underscores the importance of humility and a willingness to learn from others. In the fast-paced world of business, staying open to new ideas and approaches is crucial. Entrepreneurs who embrace this mindset are better equipped to adapt to changing market conditions and drive their businesses forward. By acknowledging that there is always more to learn, business owners can cultivate a culture of continuous improvement and resilience.

By following Kevin Peil’s guidance, entrepreneurs can build strong, knowledgeable teams and create a foundation for long-term success. Whether it’s through networking, hiring experts, or fostering a culture of learning, the key is to remain open to new insights and opportunities for growth.

Want to hear more advice from SBAM’s knowledgeable members? Click HERE for more Wednesday Wisdom.

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