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Glenn Muske
Rural and Agribusiness Enterprise Development Specialist
Glenn.Muske@ndsu.edu
February, 2015
The Winery and Vineyard Business:
2015 ND Grape and Wine Association
Annual Meeting
The Starting Point
What’s your #1
question right
now?
REMEMBER!
• It is a business!!!!
• There are no guarantees regarding success.
• You can’t, and won’t, please everyone.
• You may feel alone, but you’re not.
• Running a business is largely a skill that can be
taught.
• It is not a 9 to 5, 40-hour per week
undertaking.
To Tell The Truth:
Small Business Myths
Get Rich Quick!
If you build it, they will come.
You have to be born an entrepreneur
“I’ll have all this free time…”
The government is against you.
It gets easier.
It’s all about the bottom line – A half-truth!
Biz Owners’ Top 10 List
#10
Can you say
NO!
#9
Understand:
1. Dreams ≠ Ideas
2. Ideas ≠ Opportunities
#8 - Do you have the skills?
Production
Technical
Marketing
Management
Sales
Fiscal Management
People
Jack/Jill of all trades
#7
Do you have resources?
And are you ready/able to risk them?
#6 - Do you know your market?
Your customer?
What’s your plan for
letting them know
you exist?
Your competition?
What’s your advantage?
Can you maintain it?
You must be online!
#5
Are you legal?
Business name
Sales and Use Tax Permit
Health Dept.
Dept. of Agriculture – State and Federal
FDA
#4
Does your family support you?
#3
Are you a “people person?”
#2
Are you a bobo doll?
#1
Do you have PASSION?
• YOU!!
• North Dakota
– Ag Products Utilization Committee (APUC)
– Dept of Ag Specialty Crops
• ND Development Fund
• SARE
• USDA
– AFRI Food Security, Beginning Farmer/Rancher
Development Program
• Local bankers and other options
• Other ??
Glenn Muske
Rural and Agribusiness Enterprise Development Specialist
NDSU Extension Center for Community Vitality
Glenn.Muske@ndsu.edu
Questions??
Resources:
http://www.ag.ndsu.edu/smallbusiness
http://powerofbusiness.net
http://www.extension.org/entrepreneurship

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Winery and vineyard business 215

  • 1. Glenn Muske Rural and Agribusiness Enterprise Development Specialist Glenn.Muske@ndsu.edu February, 2015 The Winery and Vineyard Business: 2015 ND Grape and Wine Association Annual Meeting
  • 2. The Starting Point What’s your #1 question right now?
  • 3. REMEMBER! • It is a business!!!! • There are no guarantees regarding success. • You can’t, and won’t, please everyone. • You may feel alone, but you’re not. • Running a business is largely a skill that can be taught. • It is not a 9 to 5, 40-hour per week undertaking.
  • 4. To Tell The Truth: Small Business Myths Get Rich Quick! If you build it, they will come. You have to be born an entrepreneur “I’ll have all this free time…” The government is against you. It gets easier. It’s all about the bottom line – A half-truth!
  • 7. #9 Understand: 1. Dreams ≠ Ideas 2. Ideas ≠ Opportunities
  • 8. #8 - Do you have the skills? Production Technical Marketing Management Sales Fiscal Management People Jack/Jill of all trades
  • 9. #7 Do you have resources? And are you ready/able to risk them?
  • 10. #6 - Do you know your market? Your customer? What’s your plan for letting them know you exist? Your competition? What’s your advantage? Can you maintain it?
  • 11. You must be online!
  • 12. #5 Are you legal? Business name Sales and Use Tax Permit Health Dept. Dept. of Agriculture – State and Federal FDA
  • 13. #4 Does your family support you?
  • 14. #3 Are you a “people person?”
  • 15. #2 Are you a bobo doll?
  • 16. #1 Do you have PASSION?
  • 17. • YOU!! • North Dakota – Ag Products Utilization Committee (APUC) – Dept of Ag Specialty Crops • ND Development Fund • SARE • USDA – AFRI Food Security, Beginning Farmer/Rancher Development Program • Local bankers and other options • Other ??
  • 18. Glenn Muske Rural and Agribusiness Enterprise Development Specialist NDSU Extension Center for Community Vitality Glenn.Muske@ndsu.edu Questions?? Resources: http://www.ag.ndsu.edu/smallbusiness http://powerofbusiness.net http://www.extension.org/entrepreneurship