A few weeks ago, Bob Frause, founder of Frause, shared his entrepreneurial experience and explained the elements of launching a business at “Marketing Monday,” held by the Seattle Chamber of Commerce. Much to his surprise, many of us Frausers attended.
With over 30 years of experience, Bob Frause stressed the importance of networking. “Contacts are more important than money,” explained Bob. Starting Frause in a one-room office with a donated computer, Bob used his networking skills to grow the agency into a full-spectrum communications firm with over 70 clients and 23 employees in two states.
Bob attributes his success to having a “cash is king” attitude. He believes that utilizing cash rather than credit will benefit the growth of a small business in the long-run. Bob explains that he has never had to use credit against his business and that Frause has never experienced a decline in annual revenue.
It was so exciting to learn the history of Frause and how to start a business! I hope to start my own business one day and will always remember Bob Frause’s wise words.
- Sarah Essary
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